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U.S. Short Term Vacation Rental Market Size & Outlook

The short term vacation rental market in the United States is expected to reach a projected revenue of US$ 100,107.8 million by 2033. A compound annual growth rate of 11% is expected of the United States short term vacation rental market from 2026 to 2033.

  • Consumer Services
    • Travel, Tourism & Hospitality
      • Short Term Vacation Rental Market Outlook
Revenue, 2025 (US$M)
$43,857.5
Estimate, 2026 (US$M)
$48,345.8
Forecast, 2033 (US$M)
$100,107.8
CAGR, 2026 - 2033
11.0%
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U.S. short term vacation rental market highlights

  • The U.S. short term vacation rental market generated a revenue of USD 43,857.5 million in 2025 and is expected to reach USD 100,107.8 million by 2033.
  • The U.S. market is expected to grow at a CAGR of 11% 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 2025USD 43,857.5 million
Market revenue in 2033USD 100,107.8 million
Growth rate11% (CAGR from 2026 to 2033)
Largest segmentHome
Fastest growing segmentResort/Condominium
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationHome, Apartments, Resort/Condominium
Key market players worldwideAirbnb 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, U.S. accounted for 29.4% 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 North America, U.S. short term vacation rental market is projected to lead the regional market in terms of revenue in 2033.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 13,719.7 million by 2033.

According to the World Travel & Tourism Council Report 2020, many cities across North America contribute significantly to the region’s overall GDP, with Las Vegas contributing 27.4% in 2019. According to a 2022 World Travel & Tourism Council report, the change in travel and tourism GDP in the U.S. from 2020 to 2021 was an addition of 22.0%, with 94.8% as domestic spending and 5.2% as international spending.

The growth of vacation rental destinations is directly correlated with the expansion of travel trends. These trends bode well for the increase in the short-term vacation rental market.

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Publish Date: Mar 12, 2026

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Short Term Vacation Rental Market Companies

NameProfile# EmployeesHQWebsite
Airbnb Inc Ordinary Shares - Class AView profile 6,907888 Brannan Street, San Francisco, CA, United States, 94103www.airbnb.com
Booking Holdings IncView profile 23,600800 Connecticut Avenue, Norwalk, CT, United States, 06854www.bookingholdings.com
Expedia Group IncView profile 17,1001111 Expedia Group Way W, Seattle, WA, United States, 98119www.expediagroup.com
MakeMyTrip LtdView profile 4,090DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002www.makemytrip.com
Wyndham Hotels & Resorts Inc Ordinary SharesView profile 2,30022 Sylvan Way, Parsippany, NJ, United States, 07054www.wyndhamhotels.com
Tripadvisor IncView profile 2,829400 1st Avenue, Needham, MA, United States, 02494www.tripadvisor.com
9flatsView profile 51-100Singapore, Central Region, Singapore, Asiawww.9flats.com
Hotelplan GroupView profile 101-250Glattbrugg, Zurich, Switzerland, Europewww.hotelplan.com/
NovasolView profile 501-1000Virum, Hovedstaden, Denmark, Europewww.novasol.com/

U.S. 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 45.51% in 2025.

Horizon Databook has segmented the U.S. short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.




According to the World Travel & Tourism Council Report 2020, many cities across North America contribute significantly to the region’s overall GDP, with Las Vegas contributing 27.4% in 2019. According to a 2022 World Travel & Tourism Council report, the change in travel and tourism GDP in the U.S. from 2020 to 2021 was an addition of 22.0%, with 94.8% as domestic spending and 5.2% as international spending.

The growth of vacation rental destinations is directly correlated with the expansion of travel trends. These trends bode well for the increase in the short-term vacation rental market.

  • U.S. Short Term Vacation Rental Market Accommodation Type Outlook (Revenue, USD Million , 2021-2033)
    • Home
    • Apartments
    • Resort/Condominium
    • Others
  • U.S. 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 U.S. Short Term Vacation Rental Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Short Term Vacation Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

U.S. Short Term Vacation Rental Market, 2021-2033 (US$M)

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U.S. short term vacation rental market statistics, by accommodation type, 2021-2033 (US$M)

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U.S. short term vacation rental market statistics, by accommodation type, 2021-2033 (USD Million)

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