These are the Airbnb statistics on gross revenue by country.

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,...

Listings per region on Airbnb declined from 2020 to 2021. Globally in 2021, there were a total of 12.7 million listings.

As of December 2024, Airbnb's global market capitalization was **** billion U.S. dollars, down from around **** billion U.S. dollars the previous year. The company's market capitalization peaked in 2021 at over *** billion U.S. dollars.

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

The vacation rental market, currently valued at $98.87 billion in 2025, is experiencing robust growth, projected to maintain a 4.1% CAGR from 2025 to 2033. This expansion is driven by several key factors. The increasing popularity of experiential travel, a preference for flexible accommodations, and the rising adoption of online booking platforms are significantly boosting market demand. Furthermore, the diversification of rental offerings, encompassing everything from budget-friendly apartments to luxury villas, caters to a broader range of travelers' preferences and budgets. The market is segmented by management type (owner-managed vs. professionally managed) and booking method (online vs. offline), with online bookings showing a dominant and rapidly growing share. Strong growth is observed across all regions, particularly in North America and Europe, fueled by a surge in domestic and international tourism. However, factors such as fluctuating travel regulations, economic uncertainties, and seasonality can influence market performance. The competitive landscape is characterized by a mix of established players like Expedia Group and Airbnb, alongside numerous smaller, localized operators. These companies are employing various strategies including technological advancements, strategic partnerships, and enhanced customer service to maintain their market positions. The forecast period (2025-2033) anticipates continued growth, driven by ongoing technological advancements within the vacation rental industry, such as improved search functionalities, AI-powered pricing optimization, and enhanced customer relationship management tools. The increasing use of mobile applications for booking and managing rentals also contributes to this positive outlook. While regulatory changes and economic conditions pose potential challenges, the overall trend points towards a consistently expanding market fueled by changing consumer preferences and the ongoing digitalization of travel planning and booking. The strategic diversification of offerings and the entrance of new players are expected to further invigorate the market, while competition will continue to drive innovation and efficiency.

Airbnb has a total of 6,132 employees that work for the company. 52.5% of Airbnb workers are male and 47.5% are female.

The Chinese short-term rental market has shrunk during the COVID-19 pandemic and the total annual revenue dropped to **** billion yuan in 2022. 2023, however, saw a significant market recovery. The short-term rental market in China Until 2019, the home-sharing market has thrived in China as the number of domestic tourists continued to grow. In 2019, China had around *** million short-term rentals listed online and nearly ***** million monthly active users. Short-term rental accommodations were popular among younger travelers in particular. This picture changed fundamentally with the spread of the coronavirus pandemic in 2020, and the market switched back to growth in 2023 only. Leading market players Entering China in 2016, the global vacation rental leader Airbnb struggled to take more of the market share from local competitors. As of August 2023, Chinese short-term rental platform Mafengwo recorded around *** million active app users. Meituan B&B and Tujia were among other successful market players that year. Tujia.com, often named China's answer to Airbnb, was the leader in this competitive domestic market for several years. Its success was based on its entirely different model to Airbnb, which better caters to Chinese travelers' cultural and consumption behavior.

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

The global travel services market, valued at $20.22 billion in 2022 and exhibiting a robust Compound Annual Growth Rate (CAGR) of 15.42%, is poised for significant expansion throughout the forecast period (2025-2033). Key drivers include the rising disposable incomes globally, a burgeoning middle class with increased leisure time and spending power, and the growing popularity of online travel booking platforms offering convenience and competitive pricing. Technological advancements, such as personalized travel recommendations powered by AI and the integration of mobile applications for seamless booking and management, are further propelling market growth. While the industry faces challenges such as fluctuating fuel prices impacting airfare and the potential for economic downturns affecting travel expenditure, the overall market outlook remains positive. The increasing adoption of sustainable tourism practices and the rise of experiential travel are shaping market trends, with a growing preference for personalized and unique travel experiences. Segmentation analysis reveals significant growth across all service categories (domestic flights, hotel accommodation, rail tickets, cab services, and others), with online booking consistently outpacing offline methods. The competitive landscape is marked by a mix of established players like Booking Holdings and Expedia, and rapidly growing technology-driven companies like MakeMyTrip and Airbnb, all vying for market share through strategic partnerships, technological innovation, and aggressive marketing campaigns. Regional growth varies, with North America and Asia-Pacific expected to lead the way due to robust economic growth and high travel demand in these regions. The market's future hinges on effectively addressing challenges such as geopolitical instability, evolving travel regulations, and the need for improved cybersecurity in online platforms. Companies are focusing on strategies to enhance customer experience, improve operational efficiency, and expand their service portfolios. The integration of big data analytics for better demand forecasting and targeted marketing is crucial. Furthermore, companies are adapting to changing consumer preferences by offering customized travel packages and promoting responsible and sustainable tourism options. This multifaceted approach is expected to drive the continuous expansion of the travel services market throughout the forecast period, with projections suggesting continued double-digit growth driven by ongoing technological innovation, changing consumer behavior, and a continued rise in global travel demand.

The vacation rental market is experiencing robust growth, driven by increasing disposable incomes, a preference for unique travel experiences, and the rise of the sharing economy. The market's expansion is fueled by several key trends: the increasing popularity of alternative accommodations beyond traditional hotels, the growing adoption of online booking platforms, and the diversification of rental options, ranging from apartments and private homes to unique properties like villas and cabins. Technological advancements, such as improved search functionalities and mobile booking apps, are further enhancing accessibility and convenience for travelers. While factors like fluctuating travel restrictions and economic downturns can pose challenges, the market's inherent resilience and the continued demand for flexible and personalized travel experiences suggest a positive long-term outlook. The segmentation within the market indicates strong performance across various applications, including the travel industry and commercial sectors, with apartment and private home rentals holding significant market share. Major players like Airbnb, Booking Holdings, and Expedia are key contributors to market growth, constantly innovating to attract and retain customers. Geographic data indicates North America and Europe as major revenue generators, although Asia Pacific and other regions are showing significant growth potential. The forecast period (2025-2033) suggests continued expansion, driven by consistent demand and technological enhancements. Competition is fierce but opportunities abound for established players and new entrants alike who can effectively leverage technology and cater to evolving traveler preferences. The competitive landscape is dynamic, with established players like Airbnb and Booking Holdings continuously innovating their platforms and services to remain competitive. New entrants are also emerging, leveraging technological advancements and specialized offerings to carve out niche markets. However, regulatory challenges, particularly concerning licensing and taxation, represent a significant restraint for the industry. Maintaining sustainable practices and addressing environmental concerns are also becoming increasingly important. Despite these challenges, the long-term growth trajectory for the vacation rental market remains optimistic, propelled by persistent demand for unique and personalized travel experiences, and the ongoing evolution of technology within the hospitality sector. Data suggests that this market will experience significant growth across all regions, with some exhibiting faster growth rates than others. Understanding the nuances of regional demand and preferences will be crucial for success in this dynamic market.

The short-term vacation rental (STR) market is experiencing robust growth, driven by several key factors. The increasing popularity of experiential travel, coupled with the desire for more personalized and flexible accommodations compared to traditional hotels, fuels demand. Technological advancements, particularly the rise of online booking platforms like Airbnb and Booking.com, have significantly lowered entry barriers for both hosts and renters, further expanding the market. The diverse range of rental options, from cozy apartments for weekend getaways to spacious villas for extended family vacations, caters to a broad spectrum of traveler needs. Furthermore, the shift towards remote work and digital nomadism has contributed to a rise in longer-term stays, creating new revenue streams for property owners. We estimate the 2025 market size at $500 billion, reflecting a strong CAGR of 10% from 2019 to 2025. Segment-wise, 3-8 day tourist rentals represent the largest portion of the market due to their appeal to both leisure and business travelers seeking mid-length stays. Despite its considerable growth, the STR market faces certain challenges. Regulation and taxation remain key concerns in many regions, with differing legal frameworks influencing property owners' ability to operate legally and sustainably. Seasonal fluctuations in demand can lead to revenue instability for hosts, particularly in locations heavily reliant on tourism. The increasing competition among numerous players, both established platforms and independent hosts, necessitates strong marketing and differentiation strategies for success. Despite these headwinds, the long-term outlook for the STR market remains positive, with continued growth expected throughout the forecast period (2025-2033). We project a steady expansion, driven by evolving traveler preferences and ongoing technological innovations in booking and property management. Factors such as increased focus on sustainable travel and the rise of niche platforms will continue to shape the market landscape in the coming years.

Airbnb, a home sharing economy platform, gives users an alternative to traditional hotel accommodation by allowing them to rent accommodation from people who are willing to share their homes. In 2024, ************* earned the largest regional share of Airbnb's revenue at ** percent. Meanwhile, the Europe and the Middle East and Africa (EMEA) region ranked second at ** percent.

The global homestay platform market is experiencing robust growth, driven by increasing demand for unique and affordable travel experiences. The market, valued at approximately $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This significant expansion is fueled by several factors, including the rising popularity of experiential travel, the increasing adoption of online booking platforms, and the growing preference for budget-friendly accommodations among millennials and Gen Z travelers. Furthermore, the market benefits from the continuous improvement in technology, offering users enhanced search functionalities, personalized recommendations, and secure payment gateways. The rise of the sharing economy and the increasing penetration of smartphones globally further contribute to market growth. The competitive landscape comprises both established players like Airbnb, Booking.com, and Expedia, and numerous regional and niche players catering to specific traveler preferences. However, the market also faces certain challenges. Stringent regulations related to short-term rentals in various regions pose a significant restraint. Concerns regarding safety and security for both hosts and guests, and the potential for negative impacts on local communities, are also addressed by many players through enhanced verification processes and community guidelines. Nevertheless, the overall market outlook remains positive, with significant opportunities for expansion in emerging economies and untapped markets. The continuous innovation in technology, coupled with the ongoing evolution of travel preferences, is expected to propel the homestay platform market toward sustained growth in the forecast period.

Vacation rentals encompass a broad range of property types, catering to diverse target markets. Homes and apartments remain popular choices, offering a home-like experience with furnished accommodations and kitchen facilities. Resorts and condominiums provide a more luxurious experience, featuring amenities such as pools, fitness centers, and concierge services. Recent developments include: July 2022 Avantio was purchased by Planet, a provider of integrated financial services and global technology. A provider of software and services for managing vacation rentals, Avantio. has increased its market share in the hotel industry., December 2020 To boost tourism and the economy of Tampa Bay, Airbnb partnered with Visit Tampa and launched a collaborative campaign. In order to encourage tourism in Tampa Bay, Airbnb also launched a specialised page for social media that offers a variety of accommodations as well as outdoor activities.. Notable trends are: Rising tourism sector to drive the market growth.

Snapshot img

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, driven by the expanding tourism industry and the increasing popularity of alternative accommodation options. Travelers seek flexibility, convenience, and unique experiences, making short term rentals an attractive choice over traditional and boutique hotels. Technological advancements further enhance the market's appeal, with digital platforms simplifying the booking process and offering personalized recommendations based on traveler preferences. However, the market faces challenges in ensuring consistent quality across vacation rental properties. The lack of standardization and regulation can lead to inconsistencies in the guest experience, potentially impacting customer satisfaction and brand reputation.
Addressing this challenge requires a commitment to quality assurance, from property maintenance and cleanliness to guest communication and support. Companies that prioritize these aspects and leverage technology to streamline operations will capitalize on the market's opportunities while navigating challenges effectively.

What will be the Size of the Short Term Vacation Rental Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The short-term rental market continues to evolve, with dynamic pricing strategies shaping the landscape. Property managers employ guest management systems to optimize operations, while digital marketing and channel management tools expand reach. Email marketing and social media platforms engage guests, driving direct bookings. Property valuation relies on data analysis, including occupancy rates and revenue management. Seasonal demand influences pricing, with peak seasons offering higher yields. Energy efficiency and green initiatives attract eco-conscious travelers, while luxury rentals cater to affluent guests.

Amenities, from smart home technology to concierge services, enhance the guest experience. Calendar synchronization ensures seamless booking and maintenance services maintain property condition. Legal compliance remains crucial, with security systems and yield management tools addressing safety and revenue optimization. Budget rentals and cabin rentals cater to diverse markets, expanding the market's reach. Overall, the short-term rental market's continuous evolution reflects the industry's adaptability and innovation.

How is this Short Term Vacation Rental Industry segmented?

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


Location

  Urban
  Rural
  Coastal
  Mountain


Traveler Type

  Leisure Travelers
  Business Travelers
  Families


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    The Netherlands
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Mode Of Booking Insights

The offline segment is estimated to witness significant growth during the forecast period.

Request Free Sample

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.

Request Free Sample

The European the market is experiencing growth due to the rising demand for travel and unique experiences. Travelers seek more personalized accommodations, leading to the popularity of short term rentals over traditional hotels. Weekend getaways and city breaks align with the trend of experiential travel, further fueling market growth. Short term rentals offer flexible options and can be cost-effective for families or groups. Pricing strategies, such as dynamic pricing and seasonal demand, influence rental income. Guest management systems, email marketing, and channel management help optimize bookings. Operating expenses include cleaning services, maintenance, and property management software. Energy efficiency and green initiatives are essential property amenities.

Smart home technology enhances the guest experience, while calendar synchroniz

The vacation rental market, valued at $86.12 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 25.79% from 2025 to 2033. This surge is driven by several factors. The increasing popularity of experiential travel, coupled with a rising preference for flexible and personalized accommodations over traditional hotels, significantly fuels market expansion. Technological advancements, particularly in online booking platforms and property management software, streamline the booking process and enhance customer experience, further propelling growth. The rise of remote work also contributes, as individuals seek extended stays in vacation destinations, blurring the lines between work and leisure. Market segmentation reveals a significant split between online and offline bookings, with online platforms dominating due to their convenience and wider reach. Similarly, professionally managed properties are gaining traction over owner-managed ones, reflecting a growing demand for reliable service and consistent quality. Competition among major players like Airbnb, Booking Holdings, and Expedia Group is fierce, prompting ongoing innovation and strategic partnerships to attract and retain market share. However, certain restraints impact market growth. Economic fluctuations and global events can significantly affect travel patterns and consumer spending on leisure activities. Regulations concerning short-term rentals, varying across different regions and jurisdictions, pose challenges for operators. Maintaining property standards and ensuring guest safety remain critical operational concerns, requiring continuous investment in technology and service enhancements. The analysis of leading companies, their market positioning, and competitive strategies within the specified regions (Europe: UK, France, Italy, Spain) reveals a dynamic landscape shaped by innovative marketing, targeted customer acquisition, and diversification of offerings. Addressing these challenges strategically, while leveraging technological advancements and shifting consumer preferences, will be crucial for sustained success in this burgeoning market.

The global housing rental platform market, currently valued at $41.94 billion (2025), is poised for significant growth. While the precise CAGR is unavailable, considering the rapid expansion of the short-term rental market fueled by platforms like Airbnb and the increasing preference for flexible living arrangements, a conservative estimate would place the annual growth rate between 10-15%. This growth is driven by several factors: the increasing popularity of vacation rentals, the rise of remote work fostering a demand for longer-term rentals in diverse locations, and technological advancements enhancing platform functionalities (e.g., streamlined booking processes, enhanced property management tools). Trends such as the integration of AI for personalized recommendations and the increasing adoption of mobile-first booking strategies further contribute to market expansion. However, the market faces challenges including regulatory hurdles related to licensing and taxation of short-term rentals, concerns about property security and guest safety, and competition from traditional real estate agencies. Market segmentation reveals substantial opportunities within both the type of platform (cloud-based solutions gaining traction for scalability and accessibility) and application (short-term rentals dominate the market share, although long-term lease platforms are seeing substantial growth driven by the remote work trend). Geographic distribution shows strong performance in North America and Europe, driven by established platforms and high adoption rates. However, significant untapped potential exists in Asia-Pacific and other emerging markets with increasing internet penetration and urbanization. The competitive landscape is dynamic, with established players like Airbnb and Booking.com facing competition from niche platforms catering to specific needs (e.g., long-term rentals, corporate housing). Future growth will depend on continued technological innovation, regulatory compliance, and effective strategies to address market challenges and tap into emerging markets.

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 US travel accommodation market is a robust and expanding sector, projected to reach a market size of $47.10 billion in 2025. This signifies a substantial growth trajectory, fueled by a Compound Annual Growth Rate (CAGR) exceeding 7.00% from 2019 to 2033. Several key drivers contribute to this expansion, including the increasing disposable income of the US population, a rising preference for experiential travel, and the continued growth of the online travel agency (OTA) sector. Technological advancements, such as improved booking platforms and personalized travel recommendations, further enhance market accessibility and user experience. The market also benefits from shifting demographics, with millennials and Gen Z demonstrating a strong inclination towards travel and unique accommodation options like Airbnb. However, challenges remain. Economic fluctuations, geopolitical instability, and potential increases in travel-related costs (flights, fuel, etc.) could act as restraints on market growth. Competition within the industry is intense, with established players like Expedia, Booking.com, and Airbnb vying for market share alongside smaller, niche operators. The market is segmented based on accommodation type (hotels, motels, vacation rentals, etc.), booking channel (OTA, direct booking), and traveler type (leisure, business). The ongoing recovery from the pandemic continues to influence market dynamics, with pent-up demand driving growth alongside evolving travel preferences. The forecast period of 2025-2033 anticipates continued expansion, though the CAGR may fluctuate slightly year-over-year based on economic conditions and consumer sentiment. The dominance of major players is likely to persist, although disruptive technologies and new entrants could reshape the competitive landscape. Strategies for success will include a focus on personalized service, innovative technology integration, and building strong brand loyalty in a dynamic and rapidly evolving travel environment. The market's continued growth provides significant opportunities for investment and expansion within the US travel accommodation sector. Key drivers for this market are: Airbnb in United States is Dominating the Market, The US Online Accommodation Market is Booming due to an Increase in Domestic Trips. Potential restraints include: Booking Cancellation. Notable trends are: Rise in the Number of Visitors in California.