Brazil Short Term Vacation Rental Market Size & Outlook
Brazil short term vacation rental market, 2017-2030 (US$M)
Related Markets
Brazil short term vacation rental market highlights
- The Brazil short term vacation rental market generated a revenue of USD 1,095.7 million in 2022 and is expected to reach USD 2,245.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.4% 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.
Short term vacation rental market data book summary
| Market revenue in 2022 | USD 1,095.7 million |
| Market revenue in 2030 | USD 2,245.7 million |
| Growth rate | 9.4% (CAGR from 2022 to 2030) |
| Largest segment | Home |
| Fastest growing segment | Resort/Condominium |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home, Apartments, Resort/Condominium |
| Key market players worldwide | Airbnb 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, Brazil accounted for 1.0% of the global short term vacation rental market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil short term vacation rental market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,245.7 million by 2030.
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Short Term Vacation Rental Market Scope
Short Term Vacation Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 44.24% in 2022. Horizon Databook has segmented the Brazil short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil has diversified offerings for tourists, ranging from natural beauties and vibrant towns to its rich cultural legacy and delicious cuisine. The country is particularly attractive to those with limited financial means, making it a lucrative market for short-term vacation rentals.
Embratur, the Brazilian Tourism Board, reported that the number of travelers purchasing airline tickets to visit Brazil for the 2023 carnival has increased. More than 80,000 tourists have already made flight bookings, a significant increase from the 55,000 travelers before the coronavirus outbreak.
With the increase in tourist arrivals, many international online booking service providers are offering vacation rentals in the country to capitalize on this developing market. For instance, U.S.-based vacation rental search engine Blue Pillow offers vacation rentals starting from USD 50 to USD 1,312.
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Target buyers of Brazil short term vacation rental market databook
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Our clientele includes a mix of short term vacation rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Brazil short term vacation rental market , including forecasts for subscribers. This country databook contains high-level insights into Brazil short term vacation rental market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil short term vacation rental market size, by accommodation type, 2017-2030 (US$M)
Brazil Short Term Vacation Rental Market Outlook Share, 2022 & 2030 (US$M)
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