Latin America Vacation Rental Market Size & Outlook
- Consumer Services
- Travel, Tourism & Hospitality
- Vacation Rental Market Outlook
- Travel, Tourism & Hospitality
Global Market
Related Markets
Ask a question about the vacation rental market
Latin America vacation rental market highlights
- The Latin America vacation rental market generated a revenue of USD 5,734.0 million in 2025.
- The market is expected to grow at a CAGR of 1.7% 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 5,734.0 million |
| Market revenue in 2033 | USD 6,722.4 million |
| Growth rate | 1.7% (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 Destinations, 9flats, Hotelplan Group, Novasol, OYO |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.6% of the global vacation rental market in 2025.
- Globally, Asia Pacific 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 39,547.2 million by 2033.
The tourism industry is one of the most valuable contributors to job creation, economic development, and foreign exchange generation in this region. According to the World Travel and Tourism Council (WTTC), this region ranks fourth in the list of the most crucial touristic region in the world. Brazil, Colombia, Peru, Chile, and Argentina are the key markets in this region.
The COVID-19 outbreak has caused a major decline in tourism activity across Central & South America. However, since the pandemic hit the region in March, visitor arrival fell by over 50% in March and nearly 100% in April in the region.
As per the World Travel and Tourism Council (WTTC), the travel and tourism industry contribute 10.2% of the GDP in the region. In some nations, such as Jamaica, the tourism industry accounts for a much bigger percentage share of the GDP. Thus, this current decline is adversely affecting the economies that are heavily reliant on tourism.
No credit card required*
Publish Date: Mar 13, 2026
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Vacation Rental Market Scope
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 |
| Tripadvisor Inc | View profile | 2,829 | 400 1st Avenue, Needham, MA, United States, 02494 | www.tripadvisor.com |
| Wyndham Destinations | View profile | 10001+ | Orlando, Florida, United States, North America | www.wyndhamdestinations.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/ |
| OYO | View profile | 5001-10000 | Gurgaon, Haryana, India, Asia | www.oyorooms.com |
Latin America 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 Vacation Rental Market Outlook will help companies and investors design strategic landscapes.
Home was the largest segment with a revenue share of 46.85% in 2025.
Horizon Databook has segmented the Latin America vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.
The tourism industry is one of the most valuable contributors to job creation, economic development, and foreign exchange generation in this region. According to the World Travel and Tourism Council (WTTC), this region ranks fourth in the list of the most crucial touristic region in the world. Brazil, Colombia, Peru, Chile, and Argentina are the key markets in this region.
The COVID-19 outbreak has caused a major decline in tourism activity across Central & South America. However, since the pandemic hit the region in March, visitor arrival fell by over 50% in March and nearly 100% in April in the region.
As per the World Travel and Tourism Council (WTTC), the travel and tourism industry contribute 10.2% of the GDP in the region. In some nations, such as Jamaica, the tourism industry accounts for a much bigger percentage share of the GDP. Thus, this current decline is adversely affecting the economies that are heavily reliant on tourism.
- Latin America Vacation Rental Market Accommodation Type Outlook (Revenue, USD Million , 2021-2033)
- Home
- Apartments
- Resort/Condominium
- Others
- Latin America Vacation Rental Market Booking Mode Outlook (Revenue, USD Million , 2021-2033)
- Online
- Offline
Reasons to subscribe to Vacation Rental Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Vacation Rental Market Outlook databook
- Our clientele includes a mix of Vacation Rental Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Vacation Rental Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Vacation Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Vacation Rental Market, 2021-2033 (US$M)
Latin America vacation rental market statistics, by accommodation type, 2021-2033 (US$M)
