North America Short Term Vacation Rental Market Size & Outlook
The short term vacation rental market in North America is expected to reach a projected revenue of US$ 119,863.1 million by 2033. A compound annual growth rate of 11.2% is expected of North America short term vacation rental market from 2026 to 2033.
North America short term vacation rental market highlights
The North America short term vacation rental market generated a revenue of USD 51,676.6 million in 2025.
The market is expected to grow at a CAGR of 11.2% 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, Canada is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
Market revenue in 2025
USD 51,676.6 million
Market revenue in 2033
USD 119,863.1 million
Growth rate
11.2% (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, North America region accounted for 34.6% 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.
An increasing number of travelers, especially millennials, have been looking to change the way they explore new places & gain unique experiences, and glamping has emerged as a popular trend.
Increasing income levels among this group of travelers, coupled with the desire to experience new types of vacations and accommodation, are expected to have a positive impact on the North America vacation rental market over the forecast period.
In addition, numerous travel sites offer major discounts and attractive vacation packages, which is anticipated to positively impact the market. The market for short-term holiday rentals is being further stimulated by consumers' growing desire for luxury amenities like mattresses, bathrooms, spas, bars, Wi-Fi, power, and cleaning services while camping.
North 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 44.95% in 2025.
Horizon Databook has segmented the North America short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.
An increasing number of travelers, especially millennials, have been looking to change the way they explore new places & gain unique experiences, and glamping has emerged as a popular trend.
Increasing income levels among this group of travelers, coupled with the desire to experience new types of vacations and accommodation, are expected to have a positive impact on the North America vacation rental market over the forecast period.
In addition, numerous travel sites offer major discounts and attractive vacation packages, which is anticipated to positively impact the market. The market for short-term holiday rentals is being further stimulated by consumers' growing desire for luxury amenities like mattresses, bathrooms, spas, bars, Wi-Fi, power, and cleaning services while camping.
North America Short Term Vacation Rental Market Accommodation Type Outlook (Revenue, USD Million , 2021-2033)
Home
Apartments
Resort/Condominium
Others
North 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 North America Short Term Vacation Rental Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Short Term Vacation Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Short Term Vacation Rental Market, 2021-2033 (US$M)