Alternative Accommodation Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Alternative Accommodation Market is segmented By Accommodation Type (Vacation Rentals (Apartments, V...

Alternative Accommodation Market Size

Market Size in USD Bn

CAGR16.7%

Study Period2025-2032
Base Year of Estimation2024
CAGR16.7%
Market ConcentrationMedium
Major PlayersAirbnb Inc., Booking.com, Expedia Group, Trip.com Group Limited, Wyndham Destinations Inc. and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Alternative Accommodation Market Analysis

The alternative accommodation market is estimated to be valued at USD 233.95 Bn in 2025 and is expected to reach USD 689.63 Bn by 2032, growing at a compound annual growth rate (CAGR) of 16.7% from 2025 to 2032. The alternative accommodation market is experiencing strong growth driven by increasing preference of travelers towards unique accommodations such as homestays, villas, and cabins over conventional hotels.