The global average revenue per paying user (ARPU) of vacation rentals was forecast to continuously increase between 2024 and 2028 by in total 3.6 U.S. dollars (+3.08 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 120.44 U.S. dollars and therefore a new peak in 2028.
Data provided by Statista Market Insights are estimates.
Definition:
The Vacation Rentals market comprises of private accommodation bookings. This includes private holiday homes and houses, e.g., HomeAway, as well as short-term rental of private rooms or flats via portals such as Airbnb, in travel agencies or by telephone.
Additional Information:
The main performance indicators of the Vacation Rentals market are revenues, average revenue per user (ARPU), users and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues. Users represent the aggregated number of guests. Each user is only counted once per year.
The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. The scope includes domestic and outbound travel.
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Statista. (February 16, 2024). Revenue per user of the vacation rentals market worldwide from 2019 to 2028 (in U.S. dollars) [Graph]. In Statista. Retrieved July 21, 2024, from https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide
Statista. "Revenue per user of the vacation rentals market worldwide from 2019 to 2028 (in U.S. dollars)." Chart. February 16, 2024. Statista. Accessed July 21, 2024. https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide
Statista. (2024). Revenue per user of the vacation rentals market worldwide from 2019 to 2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 21, 2024. https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide
Statista. "Revenue per User of The Vacation Rentals Market Worldwide from 2019 to 2028 (in U.S. Dollars)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide
Statista, Revenue per user of the vacation rentals market worldwide from 2019 to 2028 (in U.S. dollars) Statista, https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide (last visited July 21, 2024)
Revenue per user of the vacation rentals market worldwide from 2019 to 2028 (in U.S. dollars) [Graph], Statista, February 16, 2024. [Online]. Available: https://www.statista.com/forecasts/891548/arpu-in-the-vacation-rentals-market-worldwide