Alternative Accommodation Market is segmented By Accommodation Type (Vacation Rentals (Apartments, V...
Market Size in USD Bn
CAGR16.7%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 16.7% |
Market Concentration | Medium |
Major Players | Airbnb Inc., Booking.com, Expedia Group, Trip.com Group Limited, Wyndham Destinations Inc. and Among Others |
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.