Australia Short Term Vacation Rental Market Size & Outlook

The short term vacation rental market in Australia is expected to reach a projected revenue of US$ 5,753.8 million by 2033. A compound annual growth rate of 11.9% is expected of Australia short term vacation rental market from 2026 to 2033.
Revenue, 2025 (US$M)
$2,357.7
Forecast, 2033 (US$M)
$5,753.8
CAGR, 2026 - 2033
11.9%
Report Coverage
Australia

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Australia short term vacation rental market, 2021-2033 (US$M)

Australia short term vacation rental market, 2021-2033 (US$M)

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Australia short term vacation rental market highlights

  • The Australia short term vacation rental market generated a revenue of USD 2,357.7 million in 2025 and is expected to reach USD 5,753.8 million by 2033.
  • The Australia market is expected to grow at a CAGR of 11.9% from 2026 to 2033.
  • In terms of segment, home was the largest revenue generating accommodation type in 2025.
  • Resort/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.


Short term vacation rental market data book summary

Market revenue in 2025USD 2,357.7 million
Market revenue in 2033USD 5,753.8 million
Growth rate11.9% (CAGR from 2026 to 2033)
Largest segmentHome
Fastest growing segmentResort/Condominium
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
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, Australia accounted for 1.6% of the global short term vacation rental market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China short term vacation rental market is projected to lead the regional market in terms of revenue in 2033.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 25,518.2 million by 2033.

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Short Term Vacation Rental Market Scope

Short Term Vacation Rental Market Companies

Name Profile # Employees HQ Website
Novasol View profile 501-1000 Virum, Hovedstaden, Denmark, Europe http://www.novasol.com/
Hotelplan Group View profile 101-250 Glattbrugg, Zurich, Switzerland, Europe https://www.hotelplan.com/
9flats View profile 51-100 Singapore, Central Region, Singapore, Asia http://www.9flats.com
Tripadvisor Inc View profile 2829 400 1st Avenue, Needham, MA, United States, 02494 https://www.tripadvisor.com
Wyndham Hotels & Resorts Inc Ordinary Shares View profile 2300 22 Sylvan Way, Parsippany, NJ, United States, 07054 https://www.wyndhamhotels.com
MakeMyTrip Ltd View profile 4090 DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002 https://www.makemytrip.com
Expedia Group Inc View profile 17100 1111 Expedia Group Way W, Seattle, WA, United States, 98119 https://www.expediagroup.com
Booking Holdings Inc View profile 23600 800 Connecticut Avenue, Norwalk, CT, United States, 06854 https://www.bookingholdings.com
Airbnb Inc Ordinary Shares - Class A View profile 6907 888 Brannan Street, San Francisco, CA, United States, 94103 https://www.airbnb.com

Australia 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 53.09% in 2025. Horizon Databook has segmented the Australia short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.


According to Australian Bureau of Statistics, there were 4,999 million visitors as of March 2023, which is an 816% year-on-year increase. Also, according to the same sources, tourists stayed 37 nights on an average.

Through its contribution to GDP and employment creation, the short-term rental sector has grown to be a significant participant in the Australia tourism market. According to Australian Financial Review, Made Comfy, an Airbnb management company in Australia, reported an average occupancy rate of 73% Sydney and Melbourne, showing a strong comeback in the STR industry.

Australia's beautiful coastline and scenic regions make it an attractive destination for vacation rentals. Coastal areas, beachside towns, and regions with natural attractions like the Great Barrier Reef, the Whitsundays, the Blue Mountains, and the Yarra Valley are popular spots for vacation rental properties.

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Target buyers of Australia 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 country-level data and insights on the Australia short term vacation rental market , including forecasts for subscribers. This country databook contains high-level insights into Australia short term vacation rental market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Australia short term vacation rental market size, by accommodation type, 2021-2033 (US$M)

Australia Short Term Vacation Rental Market Outlook Share, 2025 & 2033 (US$M)

Australia short term vacation rental market size, by accommodation type, 2021-2033 (US$M)

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