Short-term Vacation Rental Market Forecast

Regional Forecast:

In North America, the short-term vacation rental market is highly developed, with the United States leading the way in terms of both supply and demand. Popular destinations such as Florida, California, and New York attract a large number of domestic and international tourists, leading to a thriving market for short-term rental accommodations. Canada also has a strong market, particularly in cities like Toronto and Vancouver, where short-term rentals are popular among tourists and business travelers.

In Asia Pacific, the short-term vacation rental market is rapidly growing, especially in countries like China, Japan, and South Korea. In China, major cities like Beijing, Shanghai, and Guangzhou have seen a rise in demand for short-term rental properties, driven by both domestic and international travelers. Japan has also become a popular destination for short-term rentals, with cities like Tokyo, Kyoto, and Osaka attracting a large number of visitors. South Korea's short-term rental market is smaller in comparison, but still significant, particularly in cities like Seoul and Busan.

In Europe, countries like the United Kingdom, Germany, and France have well-established short-term vacation rental markets. In the UK, cities like London, Edinburgh, and Manchester are popular destinations for short-term rentals, catering to both tourists and business travelers. Germany has a strong market as well, with cities like Berlin, Munich, and Hamburg offering a wide range of short-term rental options. France, particularly in cities like Paris, Nice, and Lyon, also has a thriving market for short-term vacation rentals.