London is the city with the most Airbnbs listings in the world at 156,511.

In 2007, a cash-strapped Brian Chesky came up with a shrewd way to pay his $1,200 San Francisco apartment rent. He would offer “Air bed and breakfast”, which consisted of three airbeds,...

These are the top 10 cities in terms of gross revenue on Airbnb:

The current average price per night globally on Airbnb is $137 per night.

According to a September 2024 analysis, Rome reported the highest number of Airbnb listings among the selected Italian cities. As of that month, there were over 34,000 establishments listed on Airbnb in the Italian capital. Milan and Florence followed behind, with roughly 23,700 and 12,700 listings on Airbnb. What are the leading brands for accommodation bookings in Italy? According to the Statista Consumer Insights Global survey, Airbnb was the second most popular brand for hotel and private accommodation online bookings in Italy in 2024, with over a quarter of respondents having booked accommodation via that website. Meanwhile, Booking.com topped the ranking that year, with almost three-quarters of the sample reporting using that provider. Booking Holdings vs. Airbnb Booking Holdings, which operates the Booking.com brand, and Airbnb are among the biggest companies in the online travel market. In 2024, Booking Holdings had the highest market cap of the leading online travel companies worldwide, while Airbnb ranked second. Both companies experienced a significant annual increase in earnings in 2023 over the previous year. In 2023, the revenue of Booking Holdings worldwide peaked at over 21 billion U.S. dollars. Similarly, the global revenue of Airbnb reached its highest point that year.

Here are the numbers on the countries with the most nights booked on Airbnb in 2020 and 2021.

This is the complete breakdown of how much revenue Airbnb makes in commission from listings in each region.

These Airbnb statistics detail how fast Airbnb is currently growing and where it’s going in the future.

The online home rental services market is experiencing robust growth, driven by increasing urbanization, the rise of the sharing economy, and the convenience offered by digital platforms. The market size in 2025 is estimated at $150 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This growth trajectory is fueled by several factors. Firstly, the increasing popularity of short-term rentals for leisure and business travel is significantly boosting demand. Secondly, technological advancements, including improved search functionalities, secure payment gateways, and enhanced user interfaces, are improving the overall user experience and driving platform adoption. Thirdly, the expansion of the market into emerging economies with a burgeoning middle class and increased internet penetration contributes to this impressive growth. However, regulatory challenges in various regions, concerns about property security, and the need for effective dispute resolution mechanisms pose some restraints. Segment-wise, apartments and villas represent the largest share of the market, particularly within the commercial application for short-term rentals. However, the growth of the hostel and B&B segments is particularly notable due to budget-conscious travelers and the popularity of experiential tourism. Key players such as Airbnb, Booking.com, and Zillow continue to dominate the market, though increased competition from regional players and innovative startups is anticipated. The Asia-Pacific region, particularly China and India, is experiencing the fastest growth, driven by rapid urbanization and a growing tourism sector. North America and Europe maintain significant market share due to established tourism infrastructure and strong consumer adoption. The forecast suggests continued expansion for the online home rental services market, with substantial growth opportunities for both established and emerging players.

The average host on Airbnb earns $13,800 annually. The fastest-growing host demographic is seniors.

North America was the region that brought in the highest amount of Airbnb’s worldwide revenue in 2024, at five billion U.S. dollars. As the company is based in the United States, this is not surprising. However, the Europe, Middle East, and Africa (EMEA) region was not too far behind with 4.1 billion U.S. dollars in revenue. North America also reported the highest average number of nights booked by region with Airbnb in 2024. Airbnb hosts and bookings The Airbnb platform users consist of both travelers needing a place to stay and hosts offering their property for short term rent. In 2023, a gender distribution of Airbnb hosts worldwide reported that slightly fewer than half identified as women. The number of nights and experiences booked with Airbnb hosts worldwide showed growth over the last few years but dropped to a low of under 200 million bookings in 2020 due to the coronavirus (COVID-19) pandemic when global travel was severely disrupted. In 2024, Airbnb reported nearly 492 million booked nights and experiences, a significant increase over the previous year. How did COVID-19 affect Airbnb’s revenue? In addition to a reduction in the number of bookings, Airbnb also experienced a loss in revenue due to the coronavirus (COVID-19) pandemic, as many countries implemented travel bans and restrictions to slow the spread of the virus across international borders. This reduced the total number of travelers worldwide In 2020, the revenue of Airbnb fell to 3.38 billion U.S. dollars. Airbnb’s revenue in 2021, however, rebounded and amounted to 5.99 billion U.S. dollars. By 2024, that figure reached 11.1 billion.

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Short Term Vacation Rental Market Size 2025-2029

The short term vacation rental market size is forecast to increase by USD 114.1 billion at a CAGR of 13.5% between 2024 and 2029.

The market is experiencing significant growth due to the expanding tourism industry and the increasing preference for flexible and affordable accommodation options. Technological advancements are revolutionizing the sector with online booking platforms, property management software, and smart home technology becoming the norm. However, inconsistency in providing quality vacation rentals remains a challenge. To enhance the guest experience, some rental properties are integrating spa and wellness facilities, while others are exploring the use of Augmented Reality to offer virtual tours. These trends reflect the industry's commitment to delivering superior guest experiences and meeting evolving traveler demands.

What will be the Size of the Short Term Vacation Rental Market During the Forecast Period?

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The short-term rental market, a segment of travel and tourism, has experienced significant growth in recent years, offering budget-friendly accommodations for both leisure and work travelers. With the rise of platforms like Airbnb and Booking.Com, this accommodation type has gained popularity among millennials and international travelers seeking unique, aesthetic stays. The market's size is substantial, with spending on services and goods in this sector continuing to increase. Emerging markets and low airfare prices have contributed to the market's expansion. Work-from-home trends have also driven demand for short-term rentals, allowing travelers to maintain productivity while enjoying eco-friendly and sustainable amenities.
Property owners benefit from the use of online booking platforms and property management software, streamlining the rental process. Technological trends, such as virtual tours, augmented reality, and innovative solutions, enhance the guest experience. The real estate industry has taken notice, with many investing in short-term rental properties. However, concerns regarding fake listings and safety remain, highlighting the need for continued industry regulation. Female visitors represent a significant portion of the market, with a focus on environmentally-friendly rentals and sustainable amenities becoming increasingly important. As the market continues to evolve, it is poised for continued growth and innovation.

How is this Short Term Vacation Rental Industry segmented and which is the largest segment?

The short term vacation rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Offline
  Online


Management

  Managed by owners
  Professionally managed


Type

  Apartments and condominiums
  Villas and luxury homes
  Cottages and cabins
  Resorts and bungalows
  Others


Geography

  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    Japan


  Middle East and Africa



  South America

By Mode Of Booking Insights

The offline segment is estimated to witness significant growth during the forecast period. Offline segment had high demand previously when Internet penetration was not high, as word of mouth and repeat business were the most powerful factors for offline bookings. At present, some people are still hesitant to book their accommodation online. The main reason for this is people's lack of faith in online reservations. Another reason people choose to book short term vacation rentals offline is to ensure that they get the best rate. People generally think that by booking hotels offline, they will be able to negotiate with the staff or get extra discounts. Satisfied guests may become repeat customers, contributing to guest loyalty and positive word-of-mouth referrals. Thus, these factors will boost the growth of the offline segment and enhance the growth of the global short term vacation rental market during the forecast period.

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The Offline segment was valued at USD 87.10 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European short-term vacation rental market is projected to expand due to the rising demand for travel and tourism, particularly for budget-friendly accommodations.

The total revenue of Airbnb reached 11.1 billion U.S. dollars in 2024. This was an increase over the previous year's total of 9.92 billion. The decrease in revenue in 2020 can be attributed to the coronavirus (COVID-19) pandemic, which caused travel disruption across the globe. When breaking down Airbnb revenue by region, North America, where Airbnb was founded, brought in the most revenue in 2024. Where are Airbnb’s biggest markets? Airbnb is a home sharing economy platform that operates in many countries around the world. The company’s biggest market is in North America where Airbnb’s gross booking value amounted to 37.8 billion U.S. dollars. Meanwhile, Latin American travelers stayed more nights with Airbnb on average than those in the Asia Pacific region. How did COVID-19 impact Airbnb? The COVID-19 pandemic impacted the travel and tourism industry worldwide, with many countries initiating stay at home orders or travel bans to prevent the spread of the virus. In addition to a decrease in revenue in 2020, the company also experienced a reduction in the number of nights and experiences booked with Airbnb. Bookings fell to under 200 million in 2020 due to these travel restrictions. In 2024, Airbnb reported over 492 million booked nights and experiences, a significant increase over the previous year.

Airbnb Inc report offers Analysis review with SWOT PESTLE Value Chain Financial Insight and ESG strategies covering trends and risks for strong business growth.: “ Read More

Demand is calculated by the total number of nights stayed in each region.

Globally gross revenue from Airbnbs increased significantly from $27.69 billion in 2020 to $48.9 billion in 2021.

The global travel service platform market is experiencing robust growth, driven by the increasing adoption of online travel booking, the rise of mobile-first travel planning, and a surge in demand for personalized travel experiences. The market, segmented by ticket management, hotel bookings, and other services, and further categorized by mobile, tablet, and computer terminal access, is witnessing significant expansion across all segments. Major players like Airbnb, Booking.com (implied by the presence of competitors like Expedia and others), and Trip.com are leveraging technological advancements to enhance user experience, providing features like AI-powered recommendations, seamless payment gateways, and integrated travel management tools. This competitive landscape is fostering innovation and driving market expansion, with a particular focus on enhancing mobile application functionality and integrating diverse services within a single platform. The market shows strong growth in regions like North America and Asia Pacific, fueled by rising disposable incomes and increasing internet penetration. However, challenges remain, including concerns around data security and privacy, fluctuating currency exchange rates impacting pricing strategies, and occasional disruptions caused by geopolitical events or global health crises. The forecast period (2025-2033) anticipates sustained growth, largely attributable to the ongoing shift towards digital travel planning. The increasing adoption of travel management platforms by both business and leisure travelers is a critical factor. The convenience, cost-effectiveness, and access to a wider range of options offered by these platforms are contributing significantly to this trend. While specific CAGR data is not provided, a reasonable assumption based on similar markets experiencing significant digital transformation (e.g., e-commerce) would indicate a CAGR of around 12-15% for the next decade. This growth is expected to be distributed across all segments, with mobile and tablet terminals experiencing more significant adoption rates. Furthermore, future growth will depend upon factors such as global economic stability, technological innovations (like VR/AR for travel planning), and evolving customer expectations for personalized and sustainable travel options.

Our travel datasets provide extensive, structured data covering various aspects of the global travel and hospitality industry. These datasets are ideal for businesses, analysts, and developers looking to gain insights into hotel pricing, short-term rentals, restaurant listings, and travel trends. Whether you're optimizing pricing strategies, analyzing market trends, or enhancing travel-related applications, our datasets offer the depth and accuracy you need.

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  Market & Trend Analysis: Use structured datasets to analyze travel demand, seasonal trends, and consumer preferences 
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The global vacation hotel accommodation service market, valued at $969.74 million in 2025, is poised for significant growth. While the provided CAGR is missing, considering the robust travel and tourism industry recovery post-pandemic and the increasing preference for curated travel experiences, a conservative estimate of a 5% CAGR for the forecast period (2025-2033) seems reasonable. This translates to substantial market expansion, driven by several key factors. The rise of online travel agencies (OTAs) and booking platforms has streamlined the booking process, making hotel accommodations more accessible to a wider audience. Furthermore, the growing popularity of experiential travel, coupled with a rising disposable income in emerging economies, fuels demand for diverse hotel options, from budget-friendly single rooms to luxurious suites. The market segmentation itself reflects this diversification, catering to individual travelers, travel agencies, and group bookings. The presence of established international chains like Marriott, Hilton, and Hyatt, alongside boutique hotels and budget-friendly options like Motel 6 and Super 8, indicates a competitive landscape that fosters innovation and affordability. Regional variations are expected, with North America and Europe maintaining a substantial share, but rapid growth anticipated from Asia-Pacific regions due to increasing tourism and economic development. However, potential restraints include economic downturns, geopolitical instability, and the impact of future pandemics on travel patterns. The competitive landscape is highly fragmented, with a mix of large international chains and smaller independent hotels. This competition pushes innovation in service offerings, amenities, and pricing strategies to attract customers. The integration of technology, such as online check-in and smart room features, further enhances the guest experience and drives market growth. While certain segments, such as luxury suites and bookings through travel agencies, may experience faster growth, the broader market will benefit from increased accessibility and diverse offerings. The forecast period suggests a continued upward trajectory, driven by evolving traveler preferences, technological advancements, and the ongoing recovery of the global tourism industry. The market is expected to reach a significant size by 2033, reflecting the enduring appeal of vacation hotel accommodations.

The global vacation rental website market is valued at US$ 1,482.6 Million in 2022. It is estimated to grow at a promising CAGR of 12.1% over the forecast period, reaching a value of US$ 4,640.2 Million by 2032.

Attribute	Details
Vacation Rental Website Size Value in 2022	US$ 1,482.6 Million
Vacation Rental Website Forecast Value in 2032	US$ 4,640.2 Million
Vacation Rental Website CAGR Global Growth Rate (2022 to 2032)	12.1%

Scope of Report

Attribute	Details
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2022
Market Analysis	US$ Million for Value and MT for Volume
Key Regions Covered	North America Latin America Europe The Middle East and Africa East Asia
Key Countries Covered	USA, Canada, Brazil, Mexico, Chile, Peru, Germany, United Kingdom, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Turkey
Key Segments Covered	Property Type End User Region
Key Companies Profiled	BookingSync CiiRUS Kigo Inc. Virtual Resort Manager LiveRez OwnerRez 365Villas Convoyant 9flats Pvt Limited Airbnb Inc Booking Holdings Inc Expedia Group Hotelplan Holding AG MakeMyTrip Limited NOVASOL Oravel Stays Private Limited TripAdvisor Inc Rentalo Inc. Wyndham Destinations Inc World Travel Holdings Inc
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request