The Vacation Rental Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Vacation Rental Market?
The vacation rental market has experienced significant growth recently. This market, which was valued at $89.45 billion in 2024, is projected to increase to $95.67 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Vacation Rental Industry?
By 2029, the vacation rental market is predicted to reach a market size of $123.4 billion, growing at a compound annual growth rate (CAGR) of 6.6%.
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What are the Key Growth Drivers Fueling the Vacation Rental Market?
The drivers in the vacation rental market are:
• Rise in the tourism sector
• Increase in travel habits among people
• Regulatory changes and local policies favoring vacation rentals
• High demand during peak travel seasons
Global Market Segmentation: Identifying Major Vacation Rental Industry Segments
The vacation rental market covered in this report is segmented –
1) By Accommodation Type: Home, Resort Or Condominium, Apartments, Hometown, Villas
2) By Price Point: Economic, Mid Range, Luxury
3) By Booking Mode: Online, Offline, Other Booking Modes
4) By End User Generation: Generation Zoomer, Millennials, Generation X, Boomers
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What are the emerging Trends Shaping the Future of the Vacation Rental Market?
The trends in the vacation rental market are:
• There is an increasing trend towards integration with online platforms in the vacation rental market.
• Adoption of advanced technology like smart locks and contactless check-ins is influencing the market.
• The vacation rental market is experiencing a shift towards longer-term rentals.
• Customization of guest experiences through personalized amenities and safety measures is becoming a significant trend.
Who Are the Top Competitors & Leading Players in the Vacation Rental Market?
The major players in the vacation rental market are:
• Airbnb Inc.
Regional Dominance: Which Area Leads the Global Vacation Rental Market 2025: Detailed Insights into Market Size and Future Growth Market?
Europe was the largest region in the vacation rental market in 2023
