1. What is the projected Compound Annual Growth Rate (CAGR) of the Short-Term Rental Platforms?
The projected CAGR is approximately XX%.
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Short-Term Rental Platforms by Type (Cloud-based, On-premise), by Application (1-3 Days Tourist Rentals, 3-8 Days Tourist Rentals, Longer Time Business Travellers), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global short-term rental platform market size is estimated to reach USD XX million by 2033, growing at a CAGR of XX% from 2025 to 2033. The growing popularity of short-term rentals as an alternative to traditional hotels is a major factor driving the growth of this market. The ease of booking and the wide range of rental options available are also contributing to the market's expansion. The market is expected to be further fueled by the rise of mobile bookings and the increasing demand for flexible and convenient travel accommodations.
Key trends in the short-term rental platform market include the emergence of new players, such as Airbnb and Vrbo, and the consolidation of existing players, such as Booking.com and Expedia. The market is also seeing a shift towards a more globalized approach, with companies expanding their operations into new regions. Additionally, the market is witnessing a growing demand for alternative accommodation options, such as boutique hotels and vacation homes. These trends are expected to continue to shape the market over the forecast period.
The short-term rental platforms market has witnessed a surge in popularity in recent years, driven by factors such as the proliferation of online booking platforms, the growing popularity of experience-based travel, and the increasing demand for flexible and affordable accommodation options. The market is projected to continue its growth trajectory in the coming years, with key trends that include:
The rapid growth of the short-term rental platforms market is being driven by a confluence of factors, including:
Despite the strong growth potential, the short-term rental platforms market faces a number of challenges and restraints, including:
Region: North America is the dominant region in the short-term rental platforms market, accounting for over 50% of global revenue. The region is home to major cities such as New York City, Los Angeles, and Toronto, which are popular destinations for tourists and business travelers.
Country: The United States is the largest market for short-term rentals in the world, with revenue exceeding $50 billion in 2022. The country has a strong tourism industry, a large population of business travelers, and a well-developed infrastructure for short-term rentals.
Segment: The longest time business traveler segment is expected to dominate the market, accounting for over 40% of revenue in 2022. This segment is driven by the increasing number of business travelers who are seeking more flexible and affordable accommodation options.
The following factors are expected to drive growth in the short-term rental platforms industry:
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of XX% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately XX%.
Key companies in the market include Airbnb, Booking.com, HOMEAWAY / VRBO, TripAdvisor, Expedia, HomeToGo, Tripping, OYO (India), Sonder, TurnKey, FlipKey, Hotels.com, StayAlfred, atraveo, Homestay.com, OneFineStay, Interhome, 9flats, Vacasa, Marriott Homes & Villas, Agoda, Getaway, Plum Guide, .
The market segments include Type, Application.
The market size is estimated to be USD XXX million as of 2022.
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The market size is provided in terms of value, measured in million.
Yes, the market keyword associated with the report is "Short-Term Rental Platforms," which aids in identifying and referencing the specific market segment covered.
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