The Short Term Vacation Rental Market Report is Segmented by Accommodation Type (Apartments, Villas, Cottages, Houses, Cabins, and Condos), by Price Range ( Budget, Mid-Range, and Luxury), by Booking Channel (Online Travel Agencies, Direct Bookings ( Via Host Websites), and Offline Channels), by Region ( North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Report Offers Market Size and Forecast in Terms of Value in (USD) for all Above Segments.

The short-term vacation rental market is expected to expand at a CAGR of 10.80% through 2034. The market value is projected to increase from US$ 1,35,258.3 million in 2024 to US$ 3,77,191.2 million by 2034. The short-term vacation rental industry share was valued at US$ 1,21,416.8 million in 2023.

Historical Analysis of the Short-term Vacation Rental Market and Future Outlook

Country-wise Insights

Category-wise Insights

Explore the Short-Term Vacation Rental Market trends! Covers key players, growth rate 8.8% CAGR, market size $184.51 Billion, and forecasts to 2033. Get insights now!

The adoption of short-term rental platforms is expected to increase at a CAGR of 19.1% during the forecast period. The Short-Term Rental Platform market size is anticipated to rise from US$ 4,503.2 million in 2022 to US$ 25,829.9 million in 2032.

Scope of the Report

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 is fueled by several key factors. Firstly, the increasing preference for short-term rentals among both business and leisure travelers contributes significantly to market expansion. Secondly, technological advancements, such as improved search functionalities, secure payment gateways, and sophisticated property management systems, enhance user experience and drive market penetration. The rise of mobile-first booking experiences further simplifies the process, attracting a broader range of users. Finally, the diversification of accommodation types, encompassing apartments, resorts, villas, and unique stays, caters to various travel preferences and budgets, fostering market diversification and expansion. However, the market faces some challenges. Regulatory hurdles in different regions regarding licensing, taxation, and safety standards can impede growth. Furthermore, competition among established players and the emergence of new entrants necessitate continuous innovation and strategic adaptation. Fluctuations in tourism and travel patterns due to global events, like economic downturns or pandemics, also introduce an element of uncertainty. Despite these challenges, the long-term outlook remains positive, driven by the ongoing shift toward digital platforms for travel and accommodation booking, and the consistently expanding global travel market. The segmentation of the market by application (commercial vs. personal) and property type (apartments, resorts, etc.) allows for targeted strategies and a deeper understanding of the specific needs and preferences within each niche.

The Indian vacation rental market exhibits regional variations:North India: With popular tourist destinations like Delhi, Jaipur, and Agra, North India experiences strong demand for vacation rentals.South India: Kerala and Goa are renowned tourist hotspots, attracting both domestic and international travelers seeking beach vacations and cultural experiences.West India: Mumbai and Pune are major cities in West India, catering to business and leisure travelers.East India: Kolkata and Darjeeling attract tourists with their historical and cultural significance. Recent developments include: January 2023: The Hotelplan Group's completely owned subsidiary, Interhome Group, has partnered with Sol og Strand, a Danish vacation rental broker with over 6,000 holiday houses and apartments, to strategically extend its portfolio to include Denmark., May 2023: The short-term vacation rental company MakeMyTrip Pvt. Ltd. established a partnership with Microsoft to expand trip planning accessibility with the introduction of voice-assisted booking in Indian languages. By combining Azure Cognitive Services with Microsoft Azure OpenAI Service, a technology stack has been created that allows for user-specific travel recommendations.. Notable trends are: Growing trend of short-term rental homes is driving the market growth.

The size and share of the market is categorized based on Type (Cloud-based, On-premise) and Application (1-3 Days Tourist Rentals, 3-8 Days Tourist Rentals, Longer Time Business Travellers) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The global housing rental service market is experiencing robust growth, driven by factors such as increasing urbanization, a preference for flexible living arrangements, and the rise of the sharing economy. The market size in 2025 is estimated at $1.5 trillion, exhibiting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This significant growth is fueled by several key trends, including the expanding adoption of online rental platforms, the increasing availability of short-term rental options catering to both personal and commercial needs, and the growing demand for professionally managed rental properties. The market segmentation reveals strong demand across both short-term and long-term rental sectors, with personal rentals currently dominating but the commercial segment exhibiting high growth potential. Key players like Invitation Homes and Blueground are shaping the market landscape through innovative property management strategies and technological advancements. Geographic variations exist, with North America and Europe currently leading the market due to established infrastructure and higher disposable incomes. However, emerging markets in Asia Pacific are poised for rapid expansion driven by increasing urbanization and a burgeoning middle class. Geographic expansion and technological advancements are primary drivers contributing to market expansion. Restraints include regulatory hurdles related to short-term rentals in specific regions and fluctuations in interest rates that can impact rental affordability. The increasing adoption of proptech solutions, including smart home technologies and data-driven property management, is expected to further streamline operations and enhance the overall rental experience. The diversification of rental options, ranging from fully furnished apartments to co-living spaces, underscores the evolving needs of the contemporary renter and signifies future market growth opportunities. The continued refinement of property management services combined with the broader accessibility of online rental platforms will solidify the housing rental service market’s position as a vital sector within the global real estate landscape.

[216+ Pages Report] The global car rental market size is expected to grow from USD 121.38 billion in 2023 to USD 246.12 billion by 2032, at a CAGR of 8.17% from 2024-2032

The global commercial vehicle rental market is experiencing robust growth, driven by the increasing demand for flexible transportation solutions across various industries. The rising adoption of short-term rentals by businesses seeking to optimize fleet management costs and avoid the complexities of vehicle ownership is a significant factor. Furthermore, the expansion of e-commerce and the last-mile delivery sector fuels demand for reliable and readily available commercial vehicles. Long-term rental agreements are also gaining traction, especially amongst companies needing consistent vehicle access for extended operational periods. The market is segmented by vehicle type (trucks, buses, and others) and rental duration (short-term and long-term), with the truck segment holding the largest market share due to high demand across logistics, construction, and transportation. Geographic analysis reveals a significant concentration of market activity in North America and Europe, driven by established economies and robust infrastructure. However, emerging markets in Asia-Pacific and Middle East & Africa are demonstrating substantial growth potential due to rapid infrastructure development and increasing industrialization. Competition in this market is fierce, with a range of large multinational corporations and regional players vying for market share. These companies often differentiate themselves through specialized services, technological innovation (like telematics and fleet management tools), and geographic reach. Despite the positive outlook, the market faces challenges. Economic downturns can impact rental demand, and fluctuating fuel prices add to operational costs for rental companies. Stringent emission regulations and increasing environmental concerns are also prompting the adoption of greener vehicles, impacting both upfront investment and operating expenses for rental providers. To navigate these challenges, companies are investing in fuel-efficient and environmentally friendly vehicles, implementing sophisticated pricing strategies, and enhancing customer service offerings. The long-term outlook for the commercial vehicle rental market remains positive, with continued expansion projected across various regions and segments, largely propelled by the ongoing growth of e-commerce, logistics, and global trade. The market's evolution will be significantly influenced by technological advancements, environmental regulations, and macroeconomic conditions.

The compact power equipment rental market is projected to reach a market size of 33.42 billion USD by 2033, expanding at a CAGR of 2.88% during the forecast period from 2025 to 2033. The growing demand for compact power equipment in various industries such as construction, industrial, and residential sectors is driving the growth of the market. Moreover, the increasing adoption of rental services due to cost-effectiveness and flexibility further contributes to the market expansion. The market is segmented based on equipment type, rental duration, end-user, power source, and region. The compressors segment holds a significant share in the market owing to the high demand for compressed air in construction and industrial applications. The short-term rentals segment dominates the market due to the project-based nature of equipment requirements in various industries. The construction sector accounts for a substantial portion of the market as it heavily relies on compact power equipment for tasks such as excavation, demolition, and material handling. The Asia Pacific region is expected to witness notable growth during the forecast period due to the increasing infrastructure development and industrial expansion in the region. Key drivers for this market are: Increased construction activity Rental fleet modernization Growing demand for emission-free equipment Enhanced focus on safety and productivity Technological advancements. Potential restraints include: Rising demand for construction activities, increasing adoption of rentals by small businesses; technological advancements in equipment expansion of rental fleets; and growing infrastructure projects..

The global centralized long-term rental apartment market is projected to reach a value of USD XX million by 2033, expanding at a CAGR of XX% over the forecast period (2025-2033). The growth of this market can be attributed to the rising urbanization, increasing disposable income, and changing lifestyle preferences, particularly among millennials and Gen Z. The market is expected to have a substantial impact on the real estate industry, as well as on the lives of renters and investors. Key market drivers include the increasing demand for flexible and affordable housing, the growing number of international students and migrant workers, and the advancements in technology. Additionally, government initiatives to support affordable housing and the rising popularity of co-living and shared living spaces are expected to further drive market growth. The market is segmented into two main types: asset-heavy model and asset-light model. The asset-heavy model involves owning and managing physical rental properties, while the asset-light model focuses on providing technology and services to connect renters with property owners. The market is also segmented into three main applications: migrant workers, international students, and other.

The global detached house rental market is projected to reach XXX million by 2033, growing at a CAGR of XX% from 2025 to 2033. The growth of the market is attributed to the increasing demand for rental housing, rising urbanization, and the growing number of millennials and Gen Z renters. In addition, the market is driven by the increasing demand for flexible living arrangements and the growing popularity of short-term rentals. Major players in the detached house rental market include Invitation Homes, American Homes 4 Rent, Tricon, Home Partners (Blackstone), Brookfield, Amherst Holdings LLC, ResiHome, Roomless, Renters Warehouse, and others. These players are expanding their portfolios through acquisitions and partnerships to meet the growing demand for detached house rentals. The market is also witnessing the emergence of new business models, such as co-living and build-to-rent, which are gaining popularity among renters.

Full Service Long Term Material Handling Equipment Rental Market size was valued at USD 21.56 Billion in 2023 and is projected to reach USD 43.3 billion by 2030, growing at a CAGR of 9.4% during the forecast period 2024-2030.

Global Full Service Long Term Material Handling Equipment Rental Market Drivers

The growth and development of the Full Service Long Term Material Handling Equipment Rental Market is attributed to certain main market drivers. These factors have a big impact on how Full Service Long Term Material Handling Equipment Rental are demanded and adopted in different sectors. Several of the major market forces are as follows:

Cost-Efficiency and Predictable Budgeting: Full-service long-term rentals give companies a fixed monthly cost that is predictable, which helps with budgeting. This cost-effectiveness is a major motivator for businesses looking to properly deploy resources and control expenses.

Flexibility in Equipment Fleet Management: Rental agreements for long-term material handling equipment provide flexibility in fleet management. Without committing to long-term ownership, businesses can readily upgrade, downsize, or switch up the types of equipment they use to meet changing operating needs.

Reduction of Capital Expenditure: By renting material handling equipment, a substantial upfront capital investment is avoided. This is especially appealing to companies trying to save money for growth projects or essential operating necessities.

The global car rental market, driven by the demand for mobility solutions and the convenience of vehicle rental services, is witnessing significant industry growth. Innovations by the largest rental car companies and the rise of online platforms have enhanced customer experiences, offering flexibility and streamlined booking processes. Market segments like short-term rentals and economy cars are thriving due to their affordability, appealing to a broad customer base. North America and Asia-Pacific are key contributors to this expansion, with the latter poised for rapid growth. Additionally, the industry is adapting to urban mobility changes by incorporating eco-friendly vehicles and exploring peer-to-peer car sharing, aligning with a shift towards sustainable and user-centric mobility options. This evolution, detailed in our comprehensive report PDF, indicates that vehicle rental services will play a crucial role in the future of transportation. For detailed industry statistics on market size, price trend, and revenue growth, refer to Mordor Intelligence™ Industry PDF, with detailed market analysis and forecasts available in a free report PDF download, highlighting the potential and dynamics of the global car rental industry. Adding to this, our annual report will provide a deeper dive into the industry statistics, market cap and industry worth, showcasing size global and price trends. This profile PDF includes essential market data to help stakeholders understand the current state and future prospects of the car rental market.

  Car Rental Report Covers the Following Countries: USA, United States, US, Canada, DE, Germany, German, UK, United Kingdom, FR, France, French, ES, Spain, Spanish, IN, India, Indian, China, Chinese, JP, Japan, Japanese, KR, South Korea, South Korean, SA, South America, South American, MEA, Middle East and Africa, Middle Eastern and African, MENA, Middle East, Middle Eastern, Africa, African

The holiday home market, valued at $665.9 million in 2025, is experiencing robust growth driven by several key factors. The increasing preference for unique and personalized travel experiences, coupled with the rising disposable incomes in developed and emerging economies, fuels demand for alternative accommodations beyond traditional hotels. The segment is diversified, encompassing various property types like castles, country houses, farmhouses, large barns, and luxury cottages, catering to diverse traveler preferences and budgets. The burgeoning popularity of eco-tourism and rural getaways further contributes to market expansion. Travel agencies and B&Bs are significant players in the distribution channel, leveraging their networks to reach a broader customer base. While data on the precise CAGR is unavailable, a conservative estimate, considering the aforementioned growth drivers, would place it between 5-7% annually for the forecast period (2025-2033). This growth is expected to be particularly pronounced in regions with strong tourism infrastructure and a growing middle class, such as North America and Europe. However, potential restraints include seasonal fluctuations in demand, the impact of global economic downturns, and the increasing competition from other short-term rental platforms. The market is witnessing significant technological advancements, with online booking platforms and property management systems streamlining the process for both homeowners and renters. Furthermore, the rise of sustainable tourism practices and a focus on environmentally friendly accommodations is influencing the design and management of holiday homes. The competitive landscape is fragmented, with several major players like Interhome Group and Hashtag Holiday Home LLC competing alongside numerous smaller, regional operators. Future growth will likely hinge on adapting to evolving traveler preferences, investing in technology, and embracing sustainable practices to maintain a competitive edge. Strategic partnerships with travel agencies and other tourism-related businesses will also play a crucial role in market penetration and expansion.

The size and share of the market is categorized based on Type (Hotel, Apartment, Civil Accommodation) and Application (Long-term Lease, Tourist Short-term Rental) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Rental Apps for Real Estate Market is estimated to reach USD 38.4 Bn By 2034, Riding on a Strong 12.3% CAGR throughout the forecast period.

Standard Cars: These vehicles account for the largest market share and are popular for short-term rentals and daily commutes.Luxury Cars: High-end car rental services are gaining popularity, particularly among business travelers and tourists seeking a premium experience.Electric Vehicles: The growing adoption of electric vehicles is leading to an expansion in the market for car rentals that offer environmentally friendly transportation options. Recent developments include: Hertz and Uber partner to offer rental vehicles to Uber drivers.

Europcar launches a subscription-based rental service in France.

Avis Budget Group acquires Zipcar to expand its car-sharing offerings.

Sixt SE invests in autonomous vehicle technology.

Enterprise Holdings launches a loyalty program to reward frequent renters.. Key drivers for this market are: Increased Tourism: Rising disposable income and a growing desire for travel and leisure activities drive demand for car rentals.

Convenience and Flexibility: Car rental services offer convenient and flexible transportation options, especially for tourists and business travelers.. Potential restraints include: Volatile Fuel Prices: Fluctuating fuel prices can impact operational costs and rental rates.

Seasonality: Tourism-dependent markets experience seasonal fluctuations in demand, affecting revenue streams.. Notable trends are: Subscription-Based Rentals: Flexible subscription models that offer long-term rentals at a fixed monthly fee.

Autonomous Vehicle Rental: Development and adoption of self-driving vehicles are expected to transform the car rental industry..