Latin America Short Term Vacation Rental Market Size & Outlook
Latin America Short Term Vacation Rental Market, 2021-2033 (US$M)
Global Market
Related Markets
Latin America short term vacation rental market highlights
- The Latin America short term vacation rental market generated a revenue of USD 3,889.8 million in 2025.
- The market is expected to grow at a CAGR of 9.5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 3,889.8 million |
| Market revenue in 2033 | USD 8,015.5 million |
| Growth rate | 9.5% (CAGR from 2026 to 2033) |
| Largest segment | Home |
| Fastest growing segment | Resort/Condominium |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, Latin America region accounted for 2.6% of the global short term vacation rental market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 107,401.1 million by 2033.
The availability of well-developed tourism infrastructure and proximity to important cities across North America are the major factors attracting international travelers to Central and South America.
According to the World Travel & Tourism Council (WTTC), this region shows immense potential in the global tourism sector, with Brazil, Colombia, Peru, Chile, and Argentina emerging as key markets in the region.
This bodes well for the short-term vacation rental market. Tourists visiting countries like Costa Rica, Belize, Panama, and Nicaragua seek unique experiences as well as the convenience of staying in fully equipped homes, villas, or apartments.
Key Regions:U.S., UK, Japan, Brazil, South Africa
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Publish Date: Mar 12, 2026
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Short Term Vacation Rental Market Scope
Short Term Vacation Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Airbnb Inc Ordinary Shares - Class A | View profile | 6,907 | 888 Brannan Street, San Francisco, CA, United States, 94103 | www.airbnb.com |
| Booking Holdings Inc | View profile | 23,600 | 800 Connecticut Avenue, Norwalk, CT, United States, 06854 | www.bookingholdings.com |
| Expedia Group Inc | View profile | 17,100 | 1111 Expedia Group Way W, Seattle, WA, United States, 98119 | www.expediagroup.com |
| MakeMyTrip Ltd | View profile | 4,090 | DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002 | www.makemytrip.com |
| Wyndham Hotels & Resorts Inc Ordinary Shares | View profile | 2,300 | 22 Sylvan Way, Parsippany, NJ, United States, 07054 | www.wyndhamhotels.com |
| Tripadvisor Inc | View profile | 2,829 | 400 1st Avenue, Needham, MA, United States, 02494 | www.tripadvisor.com |
| 9flats | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | www.9flats.com |
| Hotelplan Group | View profile | 101-250 | Glattbrugg, Zurich, Switzerland, Europe | www.hotelplan.com/ |
| Novasol | View profile | 501-1000 | Virum, Hovedstaden, Denmark, Europe | www.novasol.com/ |
Latin America Short Term Vacation Rental Market Outlook
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 41.93% in 2025.
Horizon Databook has segmented the Latin America short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.
The availability of well-developed tourism infrastructure and proximity to important cities across North America are the major factors attracting international travelers to Central and South America.
According to the World Travel & Tourism Council (WTTC), this region shows immense potential in the global tourism sector, with Brazil, Colombia, Peru, Chile, and Argentina emerging as key markets in the region.
This bodes well for the short-term vacation rental market. Tourists visiting countries like Costa Rica, Belize, Panama, and Nicaragua seek unique experiences as well as the convenience of staying in fully equipped homes, villas, or apartments.
- Latin America Short Term Vacation Rental Market Accommodation Type Outlook (Revenue, USD Million , 2021-2033)
- Home
- Apartments
- Resort/Condominium
- Others
- Latin America 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 continent-level data and insights on the Latin America Short Term Vacation Rental Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Short Term Vacation Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Short Term Vacation Rental Market, 2021-2033 (US$M)
Latin America short term vacation rental market statistics, by accommodation type, 2021-2033 (US$M)
