Saudi Arabia Vacation Rental Market Size & Outlook
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Saudi Arabia vacation rental market highlights
- The Saudi Arabia vacation rental market generated a revenue of USD 749.4 million in 2025 and is expected to reach USD 961.1 million by 2033.
- The Saudi Arabia market is expected to grow at a CAGR of 2.7% 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.
Vacation rental market data book summary
| Market revenue in 2025 | USD 749.4 million |
| Market revenue in 2033 | USD 961.1 million |
| Growth rate | 2.7% (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 Destinations, 9flats, Hotelplan Group, Novasol, OYO |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global vacation rental market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Saudi Arabia vacation rental market is projected to lead the regional market in terms of revenue in 2033.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 961.1 million by 2033.
Home was the largest segment with a revenue share of 53.43% in 2025. Horizon Databook has segmented the Saudi Arabia vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2021 to 2033.
Saudi Arabia is an emerging market for vacation rental. With the growing tourism and hospitality industries, the country offers huge potential for vacation rental. As a result, leading companies like Airbnb have entered Saudi Arabia to grasp the growth opportunities available in this untapped market.
Saudi Arabia’s tourism and hospitality industry has suffered severely due to the COVID-19 pandemic and the government is supporting the industry to recover. The industry has been focusing on domestic tourism for the initial recovery of the disruption caused by the coronavirus.
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Vacation Rental Market Scope
Vacation Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OYO | View profile | 5001-10000 | Gurgaon, Haryana, India, Asia | http://www.oyorooms.com |
| Novasol | View profile | 501-1000 | Virum, Hovedstaden, Denmark, Europe | http://www.novasol.com/ |
| Hotelplan Group | View profile | 101-250 | Glattbrugg, Zurich, Switzerland, Europe | https://www.hotelplan.com/ |
| 9flats | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | http://www.9flats.com |
| Wyndham Destinations | View profile | 10001+ | Orlando, Florida, United States, North America | http://www.wyndhamdestinations.com |
| Tripadvisor Inc | View profile | 2829 | 400 1st Avenue, Needham, MA, United States, 02494 | https://www.tripadvisor.com |
| MakeMyTrip Ltd | View profile | 4090 | DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002 | https://www.makemytrip.com |
| Expedia Group Inc | View profile | 17100 | 1111 Expedia Group Way W, Seattle, WA, United States, 98119 | https://www.expediagroup.com |
| Booking Holdings Inc | View profile | 23600 | 800 Connecticut Avenue, Norwalk, CT, United States, 06854 | https://www.bookingholdings.com |
| Airbnb Inc Ordinary Shares - Class A | View profile | 6907 | 888 Brannan Street, San Francisco, CA, United States, 94103 | https://www.airbnb.com |
Saudi Arabia vacation rental market size, by accommodation type, 2021-2033 (US$M)
Saudi Arabia Vacation Rental Market Outlook Share, 2025 & 2033 (US$M)
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