{"id":3568,"date":"2023-04-13T16:27:33","date_gmt":"2023-04-13T16:27:33","guid":{"rendered":"https:\/\/nastrm.org\/?page_id=3568"},"modified":"2023-04-13T16:33:59","modified_gmt":"2023-04-13T16:33:59","slug":"short-term-rental-statistics","status":"publish","type":"page","link":"https:\/\/nastrm.org\/about\/short-term-rental-statistics\/","title":{"rendered":"Short Term Rental Statistics and Toolkit"},"content":{"rendered":"\n
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Industry Facts Toolkit<\/span>

Short Term Rental Statistics 2023<\/h2><\/div>
Join Today<\/span><\/a><\/div><\/div><\/div>\n\n\n\n
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Short Term Rental Management Industry Facts Toolkit<\/h2>

Vacation Rental Data<\/p><\/div>\n\n\n\n

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Overview:<\/h3><\/div>\n\n\n\n

All members can access the Government short-term rental members area upon joining NASTRM. Short term rental management refers to the practice of managing properties rented out for brief periods, usually ranging from a few days to a few months. This industry has grown rapidly due to the popularity of online platforms like Airbnb, VRBO, and Booking.com, which connect property owners with guests seeking temporary accommodations.<\/p>\n\n\n\n

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Market Size:<\/h3>\n\n\n\n
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As of 2021, the global short term rental market was valued at approximately $100 billion, with a projected CAGR (Compound Annual Growth Rate) of around 6.5% between 2021 and 2028.<\/p>\n\n\n\n

Key Players: <\/h3>\n\n\n\n

Some of the major players in the short term rental management industry include:
Airbnb
Booking.com
Expedia Group (owns VRBO and HomeAway)
TripAdvisor (owns FlipKey)
China-based Tujia and Xiaozhu<\/p>\n\n\n\n

Management Companies:<\/h3>\n\n\n\n

Many property owners choose to work with short term rental management companies that handle tasks such as marketing, guest communication, and property maintenance. Some prominent management companies include:<\/p>\n\n\n\n