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Global Short-Term Vacation Rentals (STRs) Market Strategic Research Report

Global Short-Term Vacation Rentals (STRs) Market Strategic R…
$3,500 USD
Market Research Reports
Strategic Research Report
Global Short-Term Vacation Rentals (STRs) Market
$145.96B2025
12.4%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: Self Service Rentals, Managed Standard Rentals, Serviced Short Term Rentals, Others

By Application: Individual Leisure Travelers, Family and Group Travelers, Business and Bleisure Travelers, Others

Regional Forecast: Asia Pacific, Latin America, MEA, Europe, North America

Key Players: Airbnb, Inc., Booking Holdings Inc., Expedia Group, Inc., Marriott International, Inc., Casago International LLC, Evolve Vacation Rental Network, Inc., HomeToGo SE, Awaze, Holidu GmbH, Sykes Holiday Cottages Ltd, Groupe Pierre & Vacances-Center Parcs, Accor S.A., GuestReady AG, Tujia Online Information Technology (Beijing) Co., Ltd., Beijing Kuaipao Information Technology Co., Ltd., Beijing Aiyouyi Technology Co., Ltd., Rakuten STAY, Inc., Ame Kaze Taiyo, Inc., STAYFOLIO Co., Ltd., AsiaYo Co., Ltd., PT Traveloka Indonesia, Tripvillas Pte. Ltd., Luxe Nomad Pte Ltd, PRISM, ELIVAAS

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 155 pages
Market size 2025
$145.96B
Billion USD
Forecast CAGR
12.4%
2025-2032
Forecast 2032
$330.8B
Projected
Regions
5
Asia Pacific · Latin America · MEA · Europe · North America

Overview

Scope of the Report

The global Short-Term Vacation Rentals (STRs) market size is predicted to grow from US$ 145,955 million in 2025 to US$ 327,772 million in 2032; it is expected to grow at a CAGR of 12.4% from 2026 to 2032.

Short-Term Vacation Rentals, or STRs, refer to accommodation services in which residential homes, apartments, villas, holiday homes, cabins, serviced apartments and other non-traditional hotel properties are rented to leisure, business, family, group and remote-work travelers for short stays, typically for fewer than 30 days, through online platforms, branded operators or professional property managers. The business structure generally includes property acquisition or onboarding, regulatory registration, online listing and booking, dynamic pricing, check-in management, cleaning and maintenance, guest services, and payment settlement. Major production and service markets are concentrated in the United States, Europe, China, Japan, India, Southeast Asia, Australia and Latin America, with key use cases including city stays, weekend trips, family vacations, resort stays, event accommodation, workcations and temporary relocation.

The global short-term vacation rental market is moving from rapid penetration toward a more scaled, professionalized and regulated development stage. Growth is mainly driven by the recovery of travel demand, rising family and group travel, stronger consumer preference for private space and local experiences, the normalization of remote work and workcation behavior, and the efficiency gains brought by digital platforms in search, payment, reviews, dynamic pricing and self check-in. Compared with traditional hotels, STRs offer advantages in space, privacy, kitchens, laundry facilities and flexible stay formats, especially for group travel, long weekends, resort destinations and medium-to-long stays. North America remains the largest regional market, Europe maintains mature and diversified demand across urban and leisure destinations, while Asia Pacific is becoming a faster-growing region supported by tourism consumption upgrades in China, Japan, India and Southeast Asia.

Key challenges include tighter regulation, housing affordability concerns, tax and licensing requirements, neighborhood disturbance and safety compliance risks, as well as occupancy pressure in some popular urban and resort markets where supply has expanded rapidly. Downstream demand is evolving along two main lines: consumers are continuing to shift from standardized hotel stays toward more flexible, experience-oriented and space-rich accommodation, with strong growth in family travel, group travel, medium-length stays of four to six nights, and longer stays of 14 to 30 nights; at the same time, competition is shifting from listing volume to service quality, ratings, location, differentiated design and professional operating capability. Leading platforms and property operators are improving conversion through brand trust, dynamic pricing, membership traffic and localized services. The market still has room for expansion, but future growth quality will depend more on compliant supply, operating efficiency and high-experience properties than on simple listing growth.

This report presents a comprehensive overview of the global Short-Term Vacation Rentals (STRs) market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

  • Self Service Rentals
  • Managed Standard Rentals
  • Serviced Short Term Rentals
  • Others

Segment by Accommodation Type

  • Apartments and Condominiums
  • Homes and Villas
  • Resorts and Branded Residences
  • Unique Stays and Others

Segment by Booking Channel

  • Online Travel Agencies and Marketplaces
  • Direct Booking Websites
  • Property Manager and Local Agent Channels
  • Offline Channels and Others

Segment by Operator Type

  • Individual Hosts
  • Professional Property Managers
  • Branded Hospitality Operators
  • Others

Segment by Application

  • Individual Leisure Travelers
  • Family and Group Travelers
  • Business and Bleisure Travelers
  • Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Short-Term Vacation Rentals (STRs) market:

  • Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
  • Distributors, channel partners and end users in Individual Leisure Travelers, Family and Group Travelers, Business and Bleisure Travelers evaluating demand and sourcing options
  • Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
  • Government agencies, industry associations and research institutions tracking industry developments and policy impact

Market snapshot

Global Short-Term Vacation Rentals (STRs) Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 12.4%
Regional growth momentum
Market share by segment
Key metrics
Base value
$145.96B
2025
Forecast
$330.8B
2032
CAGR
12.4%
2025–2032
Regions
5
global
Key companies
Airbnb, Inc.Booking Holdings Inc.Expedia Group, Inc.Marriott International, Inc.Casago International LLCEvolve Vacation Rental Network, Inc.HomeToGo SEAwaze
© MarketResearchReports.comDisclaimer: The actual data may vary in the final report which undergoes verification check post order confirmation.

Segments covered in this report

By Type
Self Service RentalsManaged Standard RentalsServiced Short Term RentalsOthers
By Application
Individual Leisure TravelersFamily and Group TravelersBusiness and Bleisure TravelersOthers

Table of contents

Click a chapter to expand
01Executive Summary
02Industry Overview & Forecast
  • 2.1.1 Market Definition and Scope
  • 2.1.2 Market Size and Growth Forecast
  • 2.1.3 Volume Analysis
  • 2.1.4 Segment Outlook by Type
  • 2.1.5 Segment Outlook by Application
  • 2.1.6 Regional Outlook
  • 2.1.7 Structural Developments Shaping the Forecast
  • 2.1.8 Forecast Risks and Sensitivities
03Market Segmentation by Type
  • 3.1 Market Segmentation by Type
  • 3.1.1 Market by Type Overview
  • 3.1.2 Self Service Rentals
  • 3.1.3 Managed Standard Rentals
  • 3.1.4 Serviced Short Term Rentals
  • 3.1.5 Others
  • 3.1.6 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Individual Leisure Travelers
  • 4.1.3 Family and Group Travelers
  • 4.1.4 Business and Bleisure Travelers
  • 4.1.5 Others
  • 4.1.6 Volume Analysis
05Regional Market Forecast
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America
06Country-Level Market Forecast
  • 6.1 Asia Pacific
  • 6.1.1 China
  • 6.1.2 Japan
  • 6.1.3 Korea
  • 6.1.4 Southeast Asia
  • 6.1.5 India
  • 6.1.6 Australia
  • 6.1.7 Rest of Asia Pacific
  • 6.2 North America
  • 6.2.1 United States
  • 6.2.2 Canada
  • 6.2.3 Mexico
  • 6.2.4 Rest of North America
  • 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 France
  • 6.3.3 UK
  • 6.3.4 Italy
  • 6.3.5 Russia
  • 6.3.6 Rest of Europe
  • 6.4 Middle East & Africa
  • 6.4.1 Egypt
  • 6.4.2 South Africa
  • 6.4.3 Israel
  • 6.4.4 Turkey
  • 6.4.5 GCC Countries
  • 6.4.6 Rest of Middle East & Africa
  • 6.5 Latin America
  • 6.5.1 Brazil
  • 6.5.2 Rest of Latin America
07Growth Drivers & Inhibitors
  • 7.1 Growth Drivers & Inhibitors
  • 7.1.1 Section Overview
  • 7.1.2 Growth Drivers
  • 7.1.3 Growth Inhibitors
  • 7.1.4 Driver and Inhibitor Impact Assessment
  • 7.1.5 Analyst Perspective
08Key Company Profiles
  • 8.1 Airbnb, Inc.
  • 8.1.1 Company Overview
  • 8.1.2 Key Products & Segments
  • 8.1.3 Financial Performance (2023–2025)
  • 8.1.4 Business Strategy
  • 8.1.5 SWOT Analysis
  • 8.1.6 Strategic Implications (2026–2032)
  • 8.2 Booking Holdings Inc.
  • 8.2.1 Company Overview
  • 8.2.2 Key Products & Segments
  • 8.2.3 Financial Performance (2023–2025)
  • 8.2.4 Business Strategy
  • 8.2.5 SWOT Analysis
  • 8.2.6 Strategic Implications (2026–2032)
  • 8.3 Expedia Group, Inc.
  • 8.3.1 Company Overview
  • 8.3.2 Key Products & Segments
  • 8.3.3 Financial Performance (2023–2025)
  • 8.3.4 Business Strategy
  • 8.3.5 SWOT Analysis
  • 8.3.6 Strategic Implications (2026–2032)
  • 8.4 Marriott International, Inc.
  • 8.4.1 Company Overview
  • 8.4.2 Key Products & Segments
  • 8.4.3 Financial Performance (2023–2025)
  • 8.4.4 Business Strategy
  • 8.4.5 SWOT Analysis
  • 8.4.6 Strategic Implications (2026–2032)
  • 8.5 Casago International LLC
  • 8.5.1 Company Overview
  • 8.5.2 Key Products & Segments
  • 8.5.3 Financial Performance (2023–2025)
  • 8.5.4 Business Strategy
  • 8.5.5 SWOT Analysis
  • 8.5.6 Strategic Implications (2026–2032)
  • 8.6 Evolve Vacation Rental Network, Inc.
  • 8.6.1 Company Overview
  • 8.6.2 Key Products & Segments
  • 8.6.3 Financial Performance (2023–2025)
  • 8.6.4 Business Strategy
  • 8.6.5 SWOT Analysis
  • 8.6.6 Strategic Implications (2026–2032)
  • 8.7 HomeToGo SE
  • 8.7.1 Company Overview
  • 8.7.2 Key Products & Segments
  • 8.7.3 Financial Performance (2023–2025)
  • 8.7.4 Business Strategy
  • 8.7.5 SWOT Analysis
  • 8.7.6 Strategic Implications (2026–2032)
  • 8.8 Awaze
  • 8.8.1 Company Overview
  • 8.8.2 Key Products & Segments
  • 8.8.3 Financial Performance (2023–2025)
  • 8.8.4 Business Strategy
  • 8.8.5 SWOT Analysis
  • 8.8.6 Strategic Implications (2026–2032)
  • 8.9 Holidu GmbH
  • 8.9.1 Company Overview
  • 8.9.2 Key Products & Segments
  • 8.9.3 Financial Performance (2023–2025)
  • 8.9.4 Business Strategy
  • 8.9.5 SWOT Analysis
  • 8.9.6 Strategic Implications (2026–2032)
  • 8.10 Sykes Holiday Cottages Ltd
  • 8.10.1 Company Overview
  • 8.10.2 Key Products & Segments
  • 8.10.3 Financial Performance (2023–2025)
  • 8.10.4 Business Strategy
  • 8.10.5 SWOT Analysis
  • 8.10.6 Strategic Implications (2026–2032)
  • 8.11 Groupe Pierre & Vacances-Center Parcs
  • 8.11.1 Company Overview
  • 8.11.2 Key Products & Segments
  • 8.11.3 Financial Performance (2023–2025)
  • 8.11.4 Business Strategy
  • 8.11.5 SWOT Analysis
  • 8.11.6 Strategic Implications (2026–2032)
  • 8.12 Accor S.A.
  • 8.12.1 Company Overview
  • 8.12.2 Key Products & Segments
  • 8.12.3 Financial Performance (2023–2025)
  • 8.12.4 Business Strategy
  • 8.12.5 SWOT Analysis
  • 8.12.6 Strategic Implications (2026–2032)
  • 8.13 GuestReady AG
  • 8.13.1 Company Overview
  • 8.13.2 Key Products & Segments
  • 8.13.3 Financial Performance (2023–2025)
  • 8.13.4 Business Strategy
  • 8.13.5 SWOT Analysis
  • 8.13.6 Strategic Implications (2026–2032)
  • 8.14 Tujia Online Information Technology (Beijing) Co., Ltd.
  • 8.14.1 Company Overview
  • 8.14.2 Key Products & Segments
  • 8.14.3 Financial Performance (2023–2025)
  • 8.14.4 Business Strategy
  • 8.14.5 SWOT Analysis
  • 8.14.6 Strategic Implications (2026–2032)
  • 8.15 Beijing Kuaipao Information Technology Co., Ltd.
  • 8.15.1 Company Overview
  • 8.15.2 Key Products & Segments
  • 8.15.3 Financial Performance (2023–2025)
  • 8.15.4 Business Strategy
  • 8.15.5 SWOT Analysis
  • 8.15.6 Strategic Implications (2026–2032)
  • 8.16 Beijing Aiyouyi Technology Co., Ltd.
  • 8.16.1 Company Overview
  • 8.16.2 Key Products & Segments
  • 8.16.3 Financial Performance (2023–2025)
  • 8.16.4 Business Strategy
  • 8.16.5 SWOT Analysis
  • 8.16.6 Strategic Implications (2026–2032)
  • 8.17 Rakuten STAY, Inc.
  • 8.17.1 Company Overview
  • 8.17.2 Key Products & Segments
  • 8.17.3 Financial Performance (2023–2025)
  • 8.17.4 Business Strategy
  • 8.17.5 SWOT Analysis
  • 8.17.6 Strategic Implications (2026–2032)
  • 8.18 Ame Kaze Taiyo, Inc.
  • 8.18.1 Company Overview
  • 8.18.2 Key Products & Segments
  • 8.18.3 Financial Performance (2023–2025)
  • 8.18.4 Business Strategy
  • 8.18.5 SWOT Analysis
  • 8.18.6 Strategic Implications (2026–2032)
  • 8.19 STAYFOLIO Co., Ltd.
  • 8.19.1 Company Overview
  • 8.19.2 Key Products & Segments
  • 8.19.3 Financial Performance (2023–2025)
  • 8.19.4 Business Strategy
  • 8.19.5 SWOT Analysis
  • 8.19.6 Strategic Implications (2026–2032)
  • 8.20 AsiaYo Co., Ltd.
  • 8.20.1 Company Overview
  • 8.20.2 Key Products & Segments
  • 8.20.3 Financial Performance (2023–2025)
  • 8.20.4 Business Strategy
  • 8.20.5 SWOT Analysis
  • 8.20.6 Strategic Implications (2026–2032)
  • 8.21 PT Traveloka Indonesia
  • 8.21.1 Company Overview
  • 8.21.2 Key Products & Segments
  • 8.21.3 Financial Performance (2023–2025)
  • 8.21.4 Business Strategy
  • 8.21.5 SWOT Analysis
  • 8.21.6 Strategic Implications (2026–2032)
  • 8.22 Tripvillas Pte. Ltd.
  • 8.22.1 Company Overview
  • 8.22.2 Key Products & Segments
  • 8.22.3 Financial Performance (2023–2025)
  • 8.22.4 Business Strategy
  • 8.22.5 SWOT Analysis
  • 8.22.6 Strategic Implications (2026–2032)
  • 8.23 Luxe Nomad Pte Ltd
  • 8.23.1 Company Overview
  • 8.23.2 Key Products & Segments
  • 8.23.3 Financial Performance (2023–2025)
  • 8.23.4 Business Strategy
  • 8.23.5 SWOT Analysis
  • 8.23.6 Strategic Implications (2026–2032)
  • 8.24 PRISM
  • 8.24.1 Company Overview
  • 8.24.2 Key Products & Segments
  • 8.24.3 Financial Performance (2023–2025)
  • 8.24.4 Business Strategy
  • 8.24.5 SWOT Analysis
  • 8.24.6 Strategic Implications (2026–2032)
  • 8.25 ELIVAAS
  • 8.25.1 Company Overview
  • 8.25.2 Key Products & Segments
  • 8.25.3 Financial Performance (2023–2025)
  • 8.25.4 Business Strategy
  • 8.25.5 SWOT Analysis
  • 8.25.6 Strategic Implications (2026–2032)
09Competitive Landscape
  • 9.1 Competitive Landscape Overview
  • 9.2 Competitive Intensity Assessment
  • 9.3 Key Player Strategies & Positioning
  • 9.4 Competitive Dynamics & Strategic Outlook
  • 9.4.1 Emerging Competitive Threats
  • 9.4.2 Consolidation vs. Fragmentation Outlook
  • 9.4.3 Competitive Response Matrix
  • 9.4.4 Strategic Recommendations, 2026–2032
10Porter's Five Forces Analysis
  • 10.1 Threat of New Entrants
  • 10.2 Bargaining Power of Buyers
  • 10.3 Bargaining Power of Suppliers
  • 10.4 Threat of Substitutes
  • 10.5 Competitive Rivalry
11PESTLE Analysis
  • 11.1 Political
  • 11.2 Economic
  • 11.3 Social and Demographic
  • 11.4 Technological
  • 11.5 Legal and Regulatory
  • 11.6 Environmental
  • 11.7 Strategic Implications of the PESTLE Assessment
12SWOT Analysis
13Future Trends & Outlook
  • 13.1 Future Trends & Outlook
  • 13.1.1 Trend Summary and Commercial Maturity Assessment
  • 13.1.2 Technology and Innovation Trends
  • 13.1.3 Long-Term Market Outlook
  • 13.1.4 Investment & M&A Activity Outlook
  • 13.1.5 Overall Outlook Assessment

Frequently asked questions

What is the current global Short-Term Vacation Rentals (STRs) market size?
The global Short-Term Vacation Rentals (STRs) market is estimated at US$ 145.96 billion in 2025 (base year) and is projected to reach US$ 327.77 billion by 2032.
What growth rate is expected for the Short-Term Vacation Rentals (STRs) market through 2032?
The market is expected to grow at a CAGR of 12.4% from 2026 to 2032, expanding from US$ 145.96 billion in 2025 to US$ 327.77 billion in 2032, roughly 2.2 times its base-year value.
How is Short-Term Vacation Rentals (STRs) defined?
Short-Term Vacation Rentals, or STRs, refer to accommodation services in which residential homes, apartments, villas, holiday homes, cabins, serviced apartments and other non-traditional hotel properties are rented to leisure, business, family, group and remote-work travelers for short stays, typically for fewer than 30 days, through online platforms, branded operators or professional property managers.
How is the Short-Term Vacation Rentals (STRs) market segmented by type?
By type, the market is segmented into Self Service Rentals, Managed Standard Rentals, Serviced Short Term Rentals and Others.
What are the key applications of Short-Term Vacation Rentals (STRs)?
Key applications covered include Individual Leisure Travelers, Family and Group Travelers, Business and Bleisure Travelers and Others.
Which companies are profiled in the Short-Term Vacation Rentals (STRs) market report?
Key players profiled include Airbnb, Booking Holdings Inc., Expedia Group, Marriott International, Casago International LLC, Evolve Vacation Rental Network, HomeToGo SE and Awaze, among 25 companies covered in total.
What geographies does the Short-Term Vacation Rentals (STRs) market analysis include?
The market is analysed across Asia Pacific, North America, Europe, Middle East & Africa and Latin America, with 20 country-level markets including China, Japan, United States, Canada, Germany, France, Egypt and South Africa.
What are the key demand drivers for Short-Term Vacation Rentals (STRs)?
Growth is mainly driven by the recovery of travel demand, rising family and group travel, stronger consumer preference for private space and local experiences, the normalization of remote work and workcation behavior, and the efficiency gains brought by digital platforms in search, payment, reviews, dynamic pricing and self check-in.
What are the main risks and barriers in the Short-Term Vacation Rentals (STRs) market?
Key challenges include tighter regulation, housing affordability concerns, tax and licensing requirements, neighborhood disturbance and safety compliance risks, as well as occupancy pressure in some popular urban and resort markets where supply has expanded rapidly.
Who should buy the Short-Term Vacation Rentals (STRs) market report?
The report is intended for manufacturers and solution providers, distributors and end users in Individual Leisure Travelers, Family and Group Travelers and Business and Bleisure Travelers, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Short-Term Vacation Rentals (STRs) market.
What license options are available for this report?
The report is available as a Single User License (US$ 3,500, one named user), a Site License (US$ 5,250, up to 10 users) and a Global / Corporate License (US$ 7,000, unlimited users), all delivered in PDF format.

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Dual-validation approach: bottom-up sizing aggregates segment-level production, consumption, and trade data; top-down sizing cross-validates against macroeconomic indicators and total addressable market estimates. Discrepancies >5% trigger analyst review.

03
Competitive Intelligence

Company profiles built from public financial disclosures, product launches, M&A activity, job postings (as capability proxies), and supply chain mapping. Market share estimates triangulated across revenue, capacity, and shipment data.

04
Demand Forecasting

CAGR projections use time-series regression on 5-10 years of historical data, adjusted for identified demand drivers (technology adoption curves, regulatory catalysts, demographic shifts) and demand inhibitors (cost barriers, substitution risk). Scenario modeling covers base, optimistic, and conservative cases.

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