The revenue in the 'Vacation Rentals' segment of the travel & tourism market in the United States was forecast to continuously increase between 2024 and 2029 by in total 4.5 billion U.S. dollars (+22.2 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 24.78 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 user penetration and number of users. The Statista Market Insights cover a broad range of additional markets.

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.

Attribute	Detail
Short-term Vacation Rental Market Size, 2023	US$ 1,21,416.8 million
Estimated Market Size, 2024	US$ 1,35,258.3 million
Projected Market Size, 2034	US$ 3,77,191.2 million
Value-based CAGR, 2024 to 2034	10.80%

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

Attributes	Details
Historical Market Value (2019)	US$ 83,840.20 million
Short-term Vacation Rental Market Value (2023)	US$ 1,21,416.8 million
Historical CAGR (2019 to 2023)	9.70%

Historical CAGR (2019 to 2023)	9.70%
Forecasted CAGR (2024 to 2034)	10.80%

Country-wise Insights

Countries	CAGR (2024 to 2034)
United States	5.90%
Germany	9.20%
China	14.60%
India	15.70%
Australia	9.70%

Category-wise Insights

Top Accommodation Type	Resorts
Market Share (2024)	40.40%

Top Booking Mode	Online
Market Share (2024)	59.40%

The global vacation rental market size was over USD 94.77 billion in 2024 and is expected to grow at a CAGR of over 3.5%, surpassing USD 148.22 billion by 2037. Europe industry is likely to account for largest revenue share of 42% by 2037, driven by focus on sustainable tourism and increasing demand for cultural heritage experiences.

In 2022, there were approximately 0.68 billion vacation rental users worldwide. This figure grew significantly compared to 2020 and 2021 - when the volume of users declined sharply due to the coronavirus (COVID-19) pandemic - but remained below pre-pandemic levels.

Vacation Rental Market Report is Segmented by Booking Type (Home, Apartments, Resort/Condominium, Others), Booking Mode (Online and Offline), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The Market Sizes and Forecasts Regarding Value (USD) for all the Above Segments are Provided.

In 2023, Expedia led the vacation rentals market in the United States, achieving an aided brand awareness of 54.93 percent among consumers. AirBnB followed with 48.81 percent awareness. Booking.com and Kayak reported 44.73 percent and 42.78 percent, respectively.

In 2024, Global Vacation Rental Market was worth USD 84.06 billion. It is projected to grow to USD 123.69 billion by 2032, at a 4.90% CAGR during 2024-2032

Significant fluctuations are estimated for all segments over the forecast period for the sales channel distribution share. Only in the segment Online, a significant increase can be observed over the forecast period. In this segment, the sales channel distribution share exhibits a difference of 34.31 percent between 2019 and 2029. Find further statistics on other topics such as a comparison of the revenue in Croatia and a comparison of the sales channel distribution share in South Africa. The Statista Market Insights cover a broad range of additional markets.

The global vacation rental platforms market is estimated to reach a value of USD 15.3 billion by 2025, exhibiting a CAGR of 7.3% during the forecast period. The growth of the market is attributed to the rising popularity of vacation rentals, increasing travel and tourism, and the convenience of booking accommodations online. The market is also driven by the growing trend of sharing economy and the increasing adoption of mobile devices. The market is segmented based on application, type, and region. By application, the market is divided into rental property businesses and independent owners. By type, the market is classified into cloud, web-based platforms, on-premise, installed, and mobile. By region, the market is segmented into North America, South America, Europe, Middle East & Africa, and Asia Pacific. North America is expected to dominate the market due to the presence of well-established vacation rental platforms and the high penetration of the internet. Europe is projected to be the second-largest market due to the growing popularity of vacation rentals in the region. Asia Pacific is anticipated to witness the highest growth rate during the forecast period due to the increasing disposable income and the growing number of outbound travelers in the region.

This statistic shows the average rental income for vacation rental properties in selected markets in the United States in 2019. The average rental income from a vacation rental in Nashville, Tennessee amounted to 91,500 U.S. dollars in 2019.

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

As per newly released data by Future Market Insights (FMI), the global vacation rentals market is estimated at US$ 74.8 billion in 2023 and is projected to reach US$ 132.7 billion by 2033, at a CAGR of 5.9% from 2023 to 2033.

Attributes	Details
Historical Value (2022)	US$ 74 billion
Current Year Value (2023)	US$ 74.8 billion
Expected Forecast Value (2033)	US$ 132.7 billion
Projected CAGR (2023 to 2033)	5.9%
2022 Value Share of North America in Global Market	24%
2022 Value Share of Europe in Global Market	19%

2018 to 2022 Global Vacation Rentals Market Outlook Compared to 2023 to 2033 Forecast

Historical CAGR (2018 to 2022)	5.4%
Forecasted CAGR (2023 to 2033)	5.9%

Country-wise Insights

Country	2022 Value Share in Global Market
United States	4.5%
Germany	3%
Japan	3.7%

The global market for Vacation Rental Management Tools is projected to reach $216.6 million by 2033, expanding at a CAGR of 4.6% from 2025 to 2033. The growth of the market is primarily driven by the increasing popularity of vacation rentals and the rising number of vacation rental property owners worldwide. Other key factors contributing to market growth include the growing adoption of cloud-based solutions, the proliferation of mobile devices, and the need for efficient property management. The market is segmented based on application, type, and region. By application, the market is divided into SMEs and large enterprises. By type, the market is classified into cloud-based and on-premise solutions. Geographically, the market is segmented into North America, South America, Europe, the Middle East & Africa, and Asia Pacific. North America held the largest share in the global market in 2025 and is expected to continue its dominance throughout the forecast period. The Asia Pacific region is anticipated to witness the highest CAGR during the forecast period due to the increasing number of vacation rental properties in the region. The market is highly competitive, with a number of key players offering vacation rental management solutions. Some of the major companies in the market include BookingSync, CiiRUS, RealPage (Kigo), Hostaway, LiveRez, OwnerRez, 365Villas, Convoyant (ResNexus), AirGMS (iGMS), Avantio, Smoobu, Streamline, Lodgify, and Hostfully. Report Description This report provides an in-depth analysis of the vacation rental management tool (VRMT) market, covering market size, growth drivers, challenges, trends, and key players. With a global market size of over $10 billion, the VRMT market is poised to experience significant growth in the coming years, driven by the increasing popularity of vacation rentals and the growing number of property owners seeking professional management services.

--- DATASET OVERVIEW --- This dataset captures detailed performance data for individual vacation rental properties, providing a complete picture of operational success metrics across different timeframes and market conditions. With weekly updates and four years of historical data, it enables both point-in-time analysis and long-term trend identification for property-level performance.

The data is derived from OTA platforms using advanced methodologies that capture listing, calendar and quote details. Our algorithms process this raw information to produce standardized and enriched performance metrics that facilitate accurate comparison across different property types, locations, and time periods. By leveraging our other datasets and machine learning models, we are able to accurately detect guest bookings, revenue generation, and occupancy patterns.

--- KEY DATA ELEMENTS --- Our dataset includes the following core performance metrics for each property: - Property Identifiers: Unique identifiers for each property with OTA-specific IDs - Geographic Information: Location data including neighborhood, city, region, and country - Property Characteristics: Property type, bedroom count, bathroom count, and capacity - Occupancy Metrics: Daily, weekly, and monthly occupancy rates based on actual bookings - Revenue Generation: Total revenue, average daily rate (ADR), and revenue per available day (RevPAR) - Booking Patterns: Lead time distribution, length of stay patterns, and booking frequency - Seasonality Indicators: Performance variations across seasons, months, and days of week - Competitive Positioning: Performance relative to similar properties in the same market - Historical and Forward Looking Trends: Year-over-year and month-over-month performance changes

--- USE CASES --- Property Performance Optimization: Property managers can leverage this dataset to evaluate the performance of individual listings against market benchmarks. By identifying properties that underperform relative to similar listings in the same area, managers can implement targeted improvements to pricing strategies, property amenities, or marketing approaches. The granular performance data enables precise identification of specific improvement opportunities at the individual property level.

Competitive Benchmarking: Property owners and managers can benchmark their listings against competitors with similar characteristics in the same market. The property-level performance metrics enable detailed comparison of occupancy rates, ADR, and revenue generation across comparable properties. This competitive intelligence helps identify realistic performance targets and market positioning opportunities.

Portfolio Optimization: Vacation rental portfolio managers can analyze performance variations across different property types and locations to optimize investment and management decisions. The dataset supports identification of high-performing property configurations and locations, enabling strategic portfolio development based on actual performance data rather than assumptions.

Seasonal Strategy Development: The historical performance data across different seasons enables development of targeted seasonal strategies. Property managers can analyze how different property types perform during specific seasons or events, informing marketing focus, pricing adjustments, and operational planning throughout the year.

Performance Forecasting: Historical performance patterns can be leveraged to develop accurate forecasts for future periods. By analyzing year-over-year trends and seasonal patterns, property managers can anticipate performance expectations and set realistic targets for occupancy and revenue generation.

--- ADDITIONAL DATASET INFORMATION --- Delivery Details: • Delivery Frequency: daily | weekly | monthly | quarterly | annually • 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: • Coverage: Global (most countries) • Historic Data: Available (2021 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 • Time Scales (daily, weekly, monthly) • Listing Source • Property Characteristics (property types, bedroom counts, amenities, etc.) • Management Practices (professionally managed, by owner)

Contact us to learn about all options.

--- DATA QUALITY AND PROCESSING --- Our data processing methodology ensures high-quality, reliable performance metrics that accurately represent actual property performance. The raw booking and revenue data undergoes extensive validation and normalization processes to address inconsistencies, identify anomalies, and ensure comparability across different pro...

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.

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%.

The global Family Vacation Rental Management Tool market is a rapidly growing industry, with a projected value of $X million by 2033. This growth is being driven by a number of factors, including the increasing popularity of vacation rentals, the rise of the sharing economy, and the growing number of families traveling together. The market is also being supported by a number of technological advancements, such as the development of cloud-based software and mobile apps that make it easier to manage vacation rentals. Some of the key players in the Family Vacation Rental Management Tool market include BookingSync, CiiRUS, RealPage, Hostaway, LiveRez, OwnerRez, 365Villas, Convoyant, AirGMS, Avantio, Smoobu, Streamline, Lodgify, and Hostfully. These companies offer a variety of software and services that help property managers to manage their rentals, including reservation management, guest communication, and marketing. The market is also becoming increasingly fragmented, with a number of new entrants emerging in recent years.

The size and share of the market is categorized based on Type (Linens, Towels, Blankets, Clothes, Other) and Application (Condos, Cabins, Guest Houses, Villas, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

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!