Vacation Rental Market valued at US$ 79.34 billion in 2025, is anticipated to reaching US$ 117.03 billion by 2032, with a steady annual growth rate of 5.7%.

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Vacation Rental Market Size 2025-2029

The vacation rental market size is forecast to increase by USD 22 billion, at a CAGR of 4.1% between 2024 and 2029. The market is experiencing significant growth, fueled by the expanding tourism industry and the increasing preference for short-term stays.

Major Market Trends & Insights

Europe dominated the market and accounted for a 32% share in 2023.
The market is expected to grow significantly in North America region as well over the forecast period.
Based on the Management, the managed by owners segment led the market and was valued at USD 61.00 billion of the global revenue in 2023.
Based on the Method, the offline segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 98.00 Billion
Future Opportunities: USD 22 Billion
CAGR (2024-2029): 4.1%
Europe: Largest market in 2023

Marketing automation tools, rental income tracking, guest experience metrics, calendar synchronization, and host communication platforms facilitate effective marketing and guest engagement. Legal compliance standards, cleaning service scheduling, digital marketing strategies, online reputation management, booking platform integration, customer relationship management, multi-property management, and revenue management software are indispensable for managing a large and diverse rental portfolio. Prices for vacation rentals are expected to grow by 5% annually, driven by the increasing popularity of short-term rentals and the adoption of advanced technologies. The market is witnessing a shift towards automation and integration, with automated check-in/out, keyless entry systems, and data analytics dashboards becoming standard offerings.

What will be the Size of the 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.
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The market continues to evolve, with innovative technologies and strategies shaping the industry landscape. Dynamic pricing algorithms are increasingly being adopted to optimize revenue based on real-time market demand and supply dynamics. For instance, a leading player in the market reported a 15% increase in average daily rate through dynamic pricing. Maintenance request systems, tax compliance software, and smart home integration are essential tools for property managers, ensuring efficient operations and regulatory compliance. Moreover, rental agreement templates, payment gateway security, and security camera monitoring enhance the guest experience and property protection. Insurance policy coverage, occupancy rate optimization, and channel management strategies are crucial components of a successful rental business. The professionally managed segment is the second largest segment of the management and was valued at USD 33.50 billion in 2023.

In conclusion, the market is characterized by continuous innovation and adaptation to meet the evolving needs of property managers and guests. By leveraging technologies such as dynamic pricing algorithms, maintenance request systems, tax compliance software, smart home integration, and more, rental businesses can optimize operations, enhance guest experiences, and grow their revenue.

The convenience of instant booking features has made vacation rentals an attractive alternative to traditional hotels, particularly for travelers seeking more personalized and affordable accommodations. However, this market is not without challenges. The rise of fraudulent vacation rental properties poses a significant risk to both renters and property owners. Malicious actors create fake listings or misrepresent existing properties, leading to dissatisfied customers and potential financial losses.

Companies operating in this market must prioritize security measures to mitigate these risks and maintain customer trust. By addressing these challenges and capitalizing on the growing demand for vacation rentals, businesses can effectively position themselves to thrive in this dynamic and evolving market.

How is this Vacation Rental Industry segmented?

The 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.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others
  Home
  Apartments
  Resort/Condominium
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Management Insights

The managed by owners segment is estimated

The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies offering short-term rentals such as Airbnb, Expedia, and Booking.com are now coping with the virus' damaging effects. In the first week of 2020, there were ** percent less short-term rental reservations in the United States than in the previous year. By week two, this figure rose to ** percent more year-over-year reservations. However, this growth didn't continue and in week ** of 2020, short-term rental bookings in the U.S. saw a ** percent drop over the previous year as a result of the coronavirus pandemic.

The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies such as Expedia are now coping with the virus' damaging effects. In the first week of 2020, there were ***** percent more Expedia short-term rental reservations than in the previous year. By week two, the company saw this figure rise to ** percent more year-over-year reservations. However, this growth didn't continue and in week ** of 2020, short-term rental bookings on the Expedia platform saw a ** percent drop over the previous year as a result of the coronavirus pandemic.

--- DATASET OVERVIEW --- This dataset aggregates reservation-level data from property management systems to identify the flow of guests from origin markets to destination markets. By capturing the geographic source of bookings for each destination, it provides a comprehensive view of demand patterns, market connections, and guest preferences across different regions and time periods.

The data is sourced directly from property management system integrations, capturing the geographic origin of actual bookings rather than just inquiry or search data. This direct access to reservation information ensures that the origin market analysis reflects true booking behavior rather than just travel intent.

--- KEY DATA ELEMENTS --- Our dataset includes the following metrics for origin-destination market pairs: - Geographic Dimensions: Origin market and destination market at multiple geographic levels - Temporal Dimensions: Monthly, quarterly, and annual booking patterns by origin market - Booking Volume: Number of reservations from each origin market to each destination - Revenue Contribution: Total revenue and average booking value from each origin market - Stay Patterns: Average length of stay for guests from different origin markets - Booking Behaviors: Lead time distributions and booking channel preferences by origin market - Seasonality Metrics: Seasonal variations in demand from different origin markets - Historical and Forward Looking Trends: Year-over-year changes in booking patterns from different origin markets - Market Connections: Strength of relationship between origin-destination pairs

--- USE CASES --- Targeted Marketing Strategy Development: Property managers and destination marketing organizations can use this dataset to identify their most valuable guest origin markets and develop targeted marketing campaigns. By understanding which geographic markets generate the highest booking volumes, longest stays, or greatest revenue contribution, marketing teams can allocate resources to the markets with the highest potential return on investment. The detailed origin market insights enable precise geographic targeting for advertising campaigns, content development, and promotional efforts.

Demand Driver Analysis: Market analysts can leverage this dataset to understand the fundamental drivers of demand for specific destinations. By analyzing the correlation between origin market characteristics and booking patterns, analysts can blend external data around the demographic, economic, and geographic factors that influence travel decisions to specific destinations. This deeper understanding of demand drivers supports more accurate forecasting and strategic planning.

Emerging Market Identification Tourism authorities and property investors can use this dataset to identify emerging origin markets that show increasing demand for specific destinations. By tracking year-over-year growth in bookings from different geographic sources, stakeholders can identify early-stage market opportunities before they become widely recognized. This early identification of emerging markets provides a competitive advantage in developing targeted marketing and investment strategies.

Competitive Positioning Analysis Destination marketers can analyze how their market share from specific origin markets compares to competing destinations. The dataset enables comparison of booking patterns across different destinations from the same origin markets, revealing competitive strengths and weaknesses in capturing demand from specific geographic segments.

Crisis Recovery Planning Tourism authorities and property managers can use origin market data to develop targeted recovery strategies following travel disruptions. By understanding which origin markets historically recover more quickly after disruptions and which markets show the strongest booking resilience, stakeholders can focus recovery efforts on the markets most likely to drive initial demand recovery.

--- ADDITIONAL DATASET INFORMATION --- Delivery Details: • Delivery Frequency: weekly | monthly | quarterly • Delivery Method: scheduled file loads • File Formats: csv | parquet • Large File Format: partitioned parquet • Delivery Channels: Google Cloud | Amazon S3 | Azure Blob • Data Refreshes: daily

Dataset Options: • Destination Area Coverage: North America + Top Global Tourism Markets with Strong Coverage in Europe and Australia • Historic Data: Available (2019 for most areas) • Future Looking Data: Available (Current date + 180 days+) • Point-in-Time: Available (with weekly as of dates) • Aggregation and Filtering Options: • Area/Market (required) • Time Scales (daily, weekly, monthly) • Property Characteristics (property types, bedroom counts, performance tiers, etc.)

Contact us to learn about all options.

--- DATA QUALITY AND PROCESSING --- Our data processing methodology ensures high-quality, reliable origin...

The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies such as Airbnb are now coping with the virus' damaging effects. In the first week of 2020, there were 18 percent less Airbnb short-term rental reservations than in the previous year. By week two the company saw more bookings than in 2019, the figure rising to four percent more year-over-year reservations. However, this growth didn't continue and in week 14 of 2020, short-term rental bookings on the Airbnb platform saw a 95 percent drop over the previous year as a result of the coronavirus pandemic.

The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies offering short-term rentals such as Airbnb, Expedia, and Booking.com are now coping with the virus' damaging effects. In the first week of 2020, there were ** percent less short-term rental reservations in Canada than in the previous year. By week four, this figure grew to ***** percent more year-over-year reservations. However, this growth didn't continue and in week ** of 2020, short-term rental bookings in Canada saw a ** percent drop over the previous year as a result of the coronavirus pandemic.

Hotel and Other Travel Accommodation Market Outlook

The global hotel and other travel accommodation market size was valued at approximately USD 1.6 trillion in 2023 and is projected to reach USD 2.4 trillion by 2032, growing at a compound annual growth rate (CAGR) of 4.7% during the forecast period. The growth of this market is being driven by various factors, including the increasing number of international travelers, rising disposable incomes, and technological advancements that facilitate easier booking processes. The resurgence of travel post-pandemic and people's growing inclination towards exploring new destinations have also played significant roles in boosting the market size. As travel restrictions continue to ease and consumer confidence is restored, the demand for accommodations ranging from luxury resorts to budget motels is expected to surge.

One of the primary growth drivers for this market is the robust increase in international tourism, which has been steadily climbing year over year. The United Nations World Tourism Organization (UNWTO) projects a continuous rise in international tourist arrivals, attributed to the opening of new travel routes and the increasing affordability of air travel. Furthermore, with the rise of middle-class populations in emerging economies, more individuals have the financial means and desire to travel, leading to a higher demand for diverse accommodation options. This inclination is further bolstered by social media platforms that inspire users to explore different cultures and sites, often through travel influencers who showcase destinations and stays worldwide.

Another significant factor contributing to the market's growth is the adoption of technology across the hospitality sector, which has transformed the way accommodations are booked and managed. The proliferation of online travel agencies (OTAs) and mobile applications has made it significantly easier for consumers to compare prices, book stays, and access customer reviews. These platforms not only provide convenience but also enhance competition, pushing accommodation providers to offer better services and value-added packages to attract customers. Moreover, advancements in artificial intelligence and data analytics are enabling providers to offer personalized experiences and optimize pricing strategies, further driving market expansion.

The evolving preferences of travelers, particularly among millennials and Gen Z, are also shaping the accommodation market landscape. There is a growing trend towards experiential travel, where tourists seek stays that offer unique and authentic experiences rather than just a place to sleep. This has led to an increase in demand for boutique hotels, eco-friendly resorts, and vacation rentals that offer a more personalized touch. Such preferences are encouraging traditional hotels to innovate and diversify their offerings to cater to these new expectations, thus bolstering market growth. Additionally, the emphasis on sustainability and eco-tourism is prompting accommodations to adopt green practices, which appeal to environmentally conscious travelers.

In the realm of hospitality, effective communication is paramount, and Hotel Email systems have become indispensable tools for maintaining seamless interactions with guests. These systems not only facilitate reservation confirmations and itinerary updates but also enable personalized marketing strategies that enhance guest experiences. By leveraging email communication, hotels can offer tailored promotions and gather valuable feedback, fostering stronger relationships with their clientele. As the industry continues to evolve, the integration of automated email solutions is proving to be a critical component in delivering efficient and responsive service, ultimately contributing to higher guest satisfaction and loyalty.

From a regional perspective, Asia Pacific is anticipated to witness the highest growth in the hotel and travel accommodation market during the forecast period. This surge is largely due to the rapid economic development in countries such as China and India, which is fostering an uptick in both domestic and international travel. Furthermore, efforts to improve transportation infrastructure and government initiatives to promote tourism are expected to drive market growth in this region. Similarly, North America and Europe remain significant markets owing to their established tourism industries and high traveler expenditure.

Type Analysis

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The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies such as Booking.com are now coping with the virus' damaging effects. In the first week of 2020, there were seven percent more Booking.com short-term rental reservations than in the previous year. By week two, the company saw this figure rise to 35 percent more year-over-year reservations. However, this growth didn't continue and in week 14 of 2020, short-term rental bookings on the Booking.com platform saw a 93 percent drop over the previous year as a result of the coronavirus pandemic.

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,...

RV Rental Market size was valued at USD 603.6 Million in 2024 and is projected to reach USD 913.08 Million by 2031, growing at a CAGR of 5.31% from 2024 to 2031.

Global RV Rental Market Drivers

Growing Interest in Outdoor and Adventure Travel: The demand for RV rentals has been fueled by the increasing interest in outdoor and adventure travel experiences, particularly among millennials and younger groups. RVs provide a versatile and engaging means of visiting outdoor locations and natural scenery.

Flexibility & Freedom of Travel: RVs give visitors the freedom to design their own schedules, make last-minute changes to their plans, and visit several locations in a single trip. Individuals and families looking for a more independent and impromptu vacation experience will find this flexibility appealing.

Increase in Staycations and Road vacations: The popularity of staycations and road vacations has grown, especially in unpredictable or restricted times. For those wishing to travel locally, families and individuals can hire an RV, which provides a practical and independent solution.

Rising RV Ownership Costs: Due to the rising expenses of owning and caring for an RV, such as storage, upkeep, and insurance, many people are choosing to rent instead of buy. You can have access to an RV without making long-term financial obligations when you rent one.

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

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

Bedding Dispenser Market size was valued at USD 85 Million in 2023 and is projected to reach USD 180 Million by 2030, growing at a CAGR of 9.78% during the forecast period 2024-2030.

Global Bedding Dispenser Market Drivers

There are several key market drivers that are responsible for the bedding dispenser market's expansion and development. Potential market drivers for bedding dispensers worldwide include the following: Here are a few of the main market drivers:

Growth in the Hotel and Lodging Sector: The demand for amenities like bedding dispensers in guest rooms is frequently driven by the growth of the hospitality and lodging sector, which includes hotels, resorts, and other lodging establishments. Put Sanitation and Hygiene First: Dispensers for bedding items are becoming more commonplace, guaranteeing a more hygienic and controlled environment, as a result of rising awareness of and emphasis on hygiene and sanitation in public areas and lodging. Eco-Friendly and Sustainable Initiatives: Dispensers may become more popular as environmental consciousness and sustainability gain traction because they cut down on the packaging waste that comes with single-use bedding products. Business Cost Efficiency: Businesses in the hospitality sector can save money by using bedding dispensers, which minimize labor costs related to maintenance and eliminate the need for frequent replacement of individual bedding items. Experience and Satisfaction of Guests: By offering guests an easy-to-use and well-organized way to access bedding items, you can improve their overall experience and satisfaction. Decrease in Vandalism and Theft: Businesses can save money by using bedding dispensers to reduce the risk of theft and vandalism of bedding items in public areas. Possibilities for Personalization and Branding: Dispensers give businesses the chance to personalize and brand themselves. By displaying their logo, brand colors, or messaging, they can increase brand awareness. Simple Upkeep and Refilling: Businesses may find it appealing to use dispensers that are easy to maintain and refill because they minimize downtime and streamline operational procedures. Observance of Health and Safety Laws: Businesses in the hospitality industry must adhere to health and safety regulations and standards. Dispensers of bedding made with safety and hygiene in mind can assist companies in maintaining compliance. Contactless Solution Trends: The widespread use of contactless solutions in a variety of sectors, including hospitality, may encourage dispenser adoption as a convenient and touch-free guest experience. Trends in Tourism and Travel Worldwide: The demand for bedding dispensers can be impacted by trends in international travel and tourism, particularly when companies strive to meet the requirements and preferences of customers. An Increase in Vacation Rentals and Short-Term Rentals: The increasing number of vacation homes and short-term rentals could lead to a need for bedding dispensers as property owners look for economical and practical ways to provide bedding amenities.

The revenue in the 'Vacation Rentals' segment of the travel & tourism market in France was forecast to continuously increase between 2024 and 2029 by in total 0.6 billion U.S. dollars (+13.42 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 5.08 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Vacation Rentals' segment of the travel & tourism market was continuously increasing over the past years.Find other key market indicators concerning the number of users and average revenue per user (ARPU). The Statista Market Insights cover a broad range of additional markets.

These are the Airbnb statistics on gross revenue by country.

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.

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

The number of international tourist arrivals worldwide increased significantly in 2024 over the previous year, catching up with pre-pandemic levels. After declining with the onset of the COVID-19 pandemic to roughly *** million, the lowest figure recorded since 1989, global inbound tourist arrivals exceeded *** billion in 2024. Europe is the most popular destination for international tourism Europe is the global region that attracts the highest number of international tourists. In 2024, inbound tourist arrivals in Europe exceeded pre-pandemic levels, totaling over *** million. Within this region, Southern and Mediterranean Europe was the most popular area for international tourism, recording over *** million arrivals in 2024. How big is the global travel and tourism market? According to Statista Mobility Market Insights, the global travel and tourism market's revenue – including hotels, package holidays, vacation rentals, camping, and cruises – amounted to over *** billion U.S. dollars in 2024. Breaking down travel and tourism's revenue worldwide by sales channels reveals that the online channel generated approximately ** percent of the global transactions' value that year.

The majority of guests on Airbnb are women. Most Airbnb guests are aged 25 to 34.