In 2023, the revenue in the vacation rentals segment of the travel & tourism market in Malaysia was estimated to reach one billion U.S. dollars. It was forecast to continuously increase between 2024 and 2027 with CAGR of 7.09 percent. The revenue is forecasted to amount to 1.46 billion U.S. dollars in 2028.
Revenue of the vacation rentals market in Malaysia from 2018 to 2028
(in billion U.S. dollars)
Data provided by Statista Market Insights are estimates.
The Vacation Rentals segment 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. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. Users represent the aggregated number of guests. The scope includes domestic and outbound travel.
Hotels and professionally-run accommodation such as guest houses are not included.
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Statista. (December 15, 2023). Revenue of the vacation rentals market in Malaysia from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue
Statista. "Revenue of the vacation rentals market in Malaysia from 2018 to 2028 (in billion U.S. dollars)." Chart. December 15, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue
Statista. (2023). Revenue of the vacation rentals market in Malaysia from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue
Statista. "Revenue of The Vacation Rentals Market in Malaysia from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Dec 2023, https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue
Statista, Revenue of the vacation rentals market in Malaysia from 2018 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue (last visited November 05, 2024)
Revenue of the vacation rentals market in Malaysia from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista, December 15, 2023. [Online]. Available: https://www.statista.com/forecasts/1380892/malaysia-vacation-rentals-market-revenue