Asia Pacific Short Term Vacation Rental Market Size & Outlook

The short term vacation rental market in Asia Pacific is expected to reach a projected revenue of US$ 73,944.4 million by 2030. A compound annual growth rate of 12.5% is expected of Asia Pacific short term vacation rental market from 2025 to 2030.
Revenue, 2024 (US$M)
$36,692.9
Forecast, 2030 (US$M)
$73,944.4
CAGR, 2025 - 2030
12.5%
Report Coverage
Asia Pacific

Asia Pacific short term vacation rental market highlights

  • The Asia Pacific short term vacation rental market generated a revenue of USD 29,367.9 million in 2022.
  • The market is expected to grow at a CAGR of 12.2% from 2023 to 2030.
  • In terms of segment, home was the largest revenue generating accommodation type in 2022.
  • Resort/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.
  • Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 29,367.9 million
Market revenue in 2030USD 73,944.4 million
Growth rate12.2% (CAGR from 2022 to 2030)
Largest segmentHome
Fastest growing segmentResort/Condominium
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHome, Apartments, Resort/Condominium
Key market players worldwideAirbnb Inc Ordinary Shares - Class A, Booking Holdings Inc, Expedia Group Inc, MakeMyTrip Ltd, Tripadvisor Inc, Wyndham Hotels & Resorts Inc Ordinary Shares


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 26.8% of the global short term vacation rental market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 73,944.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Short Term Vacation Rental Market Scope

Short Term Vacation Rental Market Companies

Name Profile # Employees HQ Website

Asia Pacific short term vacation rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to short term vacation rental market will help companies and investors design strategic landscapes.


Home was the largest segment with a revenue share of 42.29% in 2024. Horizon Databook has segmented the Asia Pacific short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2017 to 2030.


Asia Pacific is one of the world's fastest-developing regions; the expansion of the hospitality sector has the potential to significantly boost economic growth, inter-regional collaboration, and intellectual progress. The rapid rise of SMEs, the expansion of corporate industries, and the globalization of businesses have all led to a significant increase in the aforementioned activities.

Along with the increase in business travel, business travelers’ changing travel habits toward leisure travel, increased urbanization, and rising disposable incomes are important drivers that support the short-term vacation rental market's expansion.

Reasons to subscribe to Asia Pacific short term vacation rental market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific short term vacation rental market databook

  • Our clientele includes a mix of short term vacation rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific short term vacation rental market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific short term vacation rental market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Asia Pacific short term vacation rental market size, by country, 2017-2030 (US$M)

Asia Pacific Short Term Vacation Rental Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific short term vacation rental market size, by country, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more