PUBLISHER: Grand View Research | PRODUCT CODE: 1654602
PUBLISHER: Grand View Research | PRODUCT CODE: 1654602
U.S. Short-term Vacation Rental Market Size, Share & Trends Analysis Report By Accommodation Type (Homes, Apartments, Condominium), By Booking Mode (Online/Platform Based, Offline), And Segment Forecasts, 2025 - 2030
U.S. Short-Term Vacation Rental Market Growth & Trends:
The U.S. short-term vacation rental market size is expected to reach USD 102.86 billion by 2030 and is projected to grow at a CAGR of 7.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The surge is primarily attributed to travelers increasingly seeking unique, flexible, and personalized lodging experiences that traditional hotels may not provide. Short-term vacation rentals offer diverse options, ranging from cozy urban apartments to luxurious beachfront villas, allowing guests to tailor their stay to suit their needs, budgets, and desired experiences.
With many professionals no longer tethered to traditional office settings, there's been a notable increase in "work-from-anywhere" lifestyles. Vacation rentals provide the perfect combination of comfort, privacy, and amenities, such as home offices and fully equipped kitchens, making them ideal for extended stays. Travelers are blending work and leisure in ways never seen before, turning traditional vacations into "workcations" or temporary relocations.
Furthermore, the growing preference for group and family travel has bolstered the popularity of vacation rentals. These accommodations often offer more space, multiple bedrooms, and communal areas, providing a cost-effective and convenient alternative to booking multiple hotel rooms. Families and friends also value the ability to cook meals together and enjoy a home-like environment, which enhances their overall travel experience.
The pandemic has also played a role in accelerating this trend. Travelers have become more conscious of health and safety, preferring private, self-contained accommodations and overcrowded hotels. Vacation rentals allow guests to avoid shared spaces like lobbies or elevators while still enjoying desirable destinations. Moreover, platforms offering vacation rentals have implemented enhanced cleaning protocols, reassuring travelers about the safety of their stays.
Additionally, technological advancements and the proliferation of booking platforms have made it easier than ever to find and reserve short-term vacation rentals. Mobile apps and websites provide user-friendly interfaces, detailed property descriptions, and reviews, empowering travelers to make informed decisions. These platforms have also opened up previously inaccessible markets, introducing travelers to lesser-known destinations and unique property types, further expanding the appeal of vacation rentals.
U.S. Short-term Vacation Rental Market Report Highlights:
- Short-term vacation rental homes accounted for a significant share of the U.S. short-term vacation rental market. The growing demand is attributed to travelers seeking more personalized, flexible, and spacious accommodations, especially for extended stays. Remote work and family/group travel preferences have further fueled this shift away from traditional hotels.
- The online/platform-based booking mode represented a significant share of the industry in 2024. The increasing demand is attributed to the convenience, transparency, and real-time access they provide to travelers. These platforms offer detailed property listings, reviews, and seamless booking, enhancing the overall user experience.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Accommodation Type Outlook
- 2.3. Booking Mode Outlook
- 2.4. Competitive Landscape Snapshot
Chapter 3. U.S. Short-term Vacation Rental Market Variables and Trends
- 3.1. Market Introduction
- 3.2. Industry Value Chain Analysis
- 3.2.1. Booking Mode Analysis and Trends
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
Chapter 4. U.S. Short-term Vacation Rental Market: Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Affecting Buying Decisions
- 4.4. Consumer Service Adoption
- 4.5. Observations & Recommendations
Chapter 5. U.S. Short-term Vacation Rental Market: Accommodation Type Estimates & Trend Analysis
- 5.1. U.S. Short-term Vacation Rental Market, By Accommodation Type: Key Takeaways
- 5.2. Accommodation Type Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, by Accommodation Type, 2018 - 2030 (USD Million)
- 5.3.1. Homes
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Apartments
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Condominium
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Others
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1. Homes
Chapter 6. U.S. Short-term Vacation Rental Market: Booking Mode Estimates & Trend Analysis
- 6.1. U.S. Short-term Vacation Rental Market, By Booking Mode: Key Takeaways
- 6.2. Booking Mode Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, by Booking Mode, 2018 - 2030 (USD Million)
- 6.3.1. Online/Platform Based
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Offline
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.1. Online/Platform Based
Chapter 7. U.S. Short-term Vacation Rental Market: Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, by Key Market Participants
- 7.2. Company Categorization
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Service Benchmarking
- 7.6. Company Market Share Analysis, 2024 (%)
- 7.7. Company Heat Map Analysis, 2024
- 7.8. Strategy Mapping
- 7.9. Company Profiles
- 7.9.1. Extended Stay America
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Service Portfolios
- 7.9.1.4. Strategic Initiatives
- 7.9.2. AvantStay, Inc.
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Service Portfolios
- 7.9.2.4. Strategic Initiatives
- 7.9.3. Airbnb, Inc.
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Service Portfolios
- 7.9.3.4. Strategic Initiatives
- 7.9.4. Booking Holdings Inc.
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Service Portfolios
- 7.9.4.4. Strategic Initiatives
- 7.9.5. Expedia, Inc.
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Service Portfolios
- 7.9.5.4. Strategic Initiatives
- 7.9.6. Evolve Vacation Rental.
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Service Portfolios
- 7.9.6.4. Strategic Initiatives
- 7.9.7. Vacasa LLC
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Service Portfolios
- 7.9.7.4. Strategic Initiatives
- 7.9.8. Sonder Holdings Inc.
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Service Portfolios
- 7.9.8.4. Strategic Initiatives
- 7.9.9. Wyndham Destinations, Inc.
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Service Portfolios
- 7.9.9.4. Strategic Initiatives
- 7.9.10. NOVASOL A/S
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Service Portfolios
- 7.9.10.4. Strategic Initiatives
- 7.9.1. Extended Stay America
List of Tables
- Table 1. U.S. short-term vacation rental market: Key market driver analysis
- Table 2. U.S. short-term vacation rental market: Key market restraint analysis
- Table 3. U.S. short-term vacation rental market estimates & forecast, 2018 - 2030, by accommodation type (USD Million)
- Table 4. U.S. short-term vacation rental homes market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 5. U.S. short-term vacation rental apartments market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 6. U.S. short-term vacation rental condominium market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 7. Other short-term vacation rentals market for estimates & forecasts, 2018 - 2030 (USD Million)
- Table 8. U.S. short-term vacation rental market estimates & forecast, 2018 - 2030, by booking mode (USD Million)
- Table 9. U.S. short-term vacation rental market estimates & forecasts through online/platform-based channels, 2018 - 2030 (USD Million)
- Table 10. U.S. short-term vacation rental market estimates & forecasts through offline channels, 2018 - 2030 (USD Million)
- Table 11. Recent developments & impact analysis, by key market participants
- Table 12. Company market share, 2024 (%)
- Table 13. Company heat map analysis, 2024
- Table 14. Companies implementing key strategies
List of Figures
- Fig. 1 U.S. short-term vacation rental market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot
- Fig. 8 Regional snapshot
- Fig. 9 Competitive landscape Snapshot
- Fig. 10 Parent industry and U.S. short-term vacation rental market size, 2024 (USD Million)
- Fig. 11 U.S. short-term vacation rental market: Value chain analysis
- Fig. 12 U.S. short-term vacation rental market: Dynamics
- Fig. 13 U.S. short-term vacation rental market: Porter's five forces analysis
- Fig. 14 U.S. short-term vacation rental market, by accommodation type: Key takeaways
- Fig. 15 U.S. short-term vacation rental market: accommodation type movement analysis, 2024 & 2030 (%)
- Fig. 16 U.S. short-term vacation rental homes market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 17 U.S. short-term vacation rental apartments market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 18 U.S. short-term vacation rental condominium market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Other short-term vacation rentals market for estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 20 U.S. short-term vacation rental market, by booking mode: Key takeaways
- Fig. 21 U.S. short-term vacation rental market: booking mode movement analysis, 2023 & 2030 (%)
- Fig. 22 U.S. short-term vacation rental market estimates & forecasts through online/platform-based channels, 2018 - 2030 (USD Million)
- Fig. 23 U.S. short-term vacation rental market estimates & forecasts through offline channels, 2018 - 2030 (USD Million)
- Fig. 24 Key company categorization
- Fig. 25 Company market share analysis, 2023
- Fig. 26 The strategic framework of the U.S. short-term vacation rental market
