Japan Short Term Vacation Rental Market Size & Outlook
The short term vacation rental market in Japan is expected to reach a projected revenue of US$ 25,518.2 million by 2033. A compound annual growth rate of 13.4% is expected of Japan short term vacation rental market from 2026 to 2033.
Japan short term vacation rental market highlights
The Japan short term vacation rental market generated a revenue of USD 9,421.9 million in 2025 and is expected to reach USD 25,518.2 million by 2033.
The Japan market is expected to grow at a CAGR of 13.4% from 2026 to 2033.
In terms of segment, home was the largest revenue generating accommodation type in 2025.
Resort/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.
Short term vacation rental market data book summary
Market revenue in 2025
USD 9,421.9 million
Market revenue in 2033
USD 25,518.2 million
Growth rate
13.4% (CAGR from 2026 to 2033)
Largest segment
Home
Fastest growing segment
Resort/Condominium
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Home, Apartments, Resort/Condominium
Key market players worldwide
Airbnb Inc Ordinary Shares - Class A, Booking Holdings Inc, Expedia Group Inc, MakeMyTrip Ltd, Tripadvisor Inc, Wyndham Hotels & Resorts Inc Ordinary Shares
Other key industry trends
In terms of revenue, Japan accounted for 6.3% of the global short term vacation rental market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Asia Pacific, China short term vacation rental market is projected to lead the regional market in terms of revenue in 2033.
Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 25,518.2 million by 2033.
The Japanese government has been working to improve domestic travel since the pandemic in order to revive the tourism sector. The Japanese government planned to introduce a national travel promotion campaign called “Go To Travel" in July 2020.
Under this program, the government subsidized half of the costs of domestic travel in Japan. Each traveler got a subsidy of up to USD 193 per day while going on a lodging trip. Such initiatives boost the travel and tourism industry in the country leading to a rise in the short-term vacation rental market.
The increasing number of tourist arrivals in Japan will bode well for the short-term vacation rental market. For instance, according to the Japan National Tourist Organization, tourist Arrivals in Japan increased to 1,370,000 in December 2022 from 934,500 in November of 2022.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Short Term Vacation Rental Market Outlook will help companies and investors design strategic landscapes.
Home was the largest segment with a revenue share of 49.79% in 2025.
Horizon Databook has segmented the Japan short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.
The Japanese government has been working to improve domestic travel since the pandemic in order to revive the tourism sector. The Japanese government planned to introduce a national travel promotion campaign called “Go To Travel" in July 2020.
Under this program, the government subsidized half of the costs of domestic travel in Japan. Each traveler got a subsidy of up to USD 193 per day while going on a lodging trip. Such initiatives boost the travel and tourism industry in the country leading to a rise in the short-term vacation rental market.
The increasing number of tourist arrivals in Japan will bode well for the short-term vacation rental market. For instance, according to the Japan National Tourist Organization, tourist Arrivals in Japan increased to 1,370,000 in December 2022 from 934,500 in November of 2022.
Japan Short Term Vacation Rental Market Accommodation Type Outlook (Revenue, USD Million , 2021-2033)
Home
Apartments
Resort/Condominium
Others
Japan Short Term Vacation Rental Market Booking Mode Outlook (Revenue, USD Million , 2021-2033)
Online
Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Short Term Vacation Rental Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Short Term Vacation Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Japan Short Term Vacation Rental Market, 2021-2033 (US$M)