In 2023, the revenue in the vacation rentals segment of the travel & tourism market in Malaysia was estimated to increase by 39.6 percent, a significant growth rate compared to the previous year. The revenue was forecasted to continuously increase between 2024 and 2028.
Revenue growth of the vacation rentals market in Malaysia from 2018 to 2028
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 growth of the vacation rentals market in Malaysia from 2018 to 2028 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth
Statista. "Revenue growth of the vacation rentals market in Malaysia from 2018 to 2028 ." Chart. December 15, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth
Statista. (2023). Revenue growth of the vacation rentals market in Malaysia from 2018 to 2028 . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth
Statista. "Revenue Growth of The Vacation Rentals Market in Malaysia from 2018 to 2028 ." Statista, Statista Inc., 15 Dec 2023, https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth
Statista, Revenue growth of the vacation rentals market in Malaysia from 2018 to 2028 Statista, https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth (last visited November 21, 2024)
Revenue growth of the vacation rentals market in Malaysia from 2018 to 2028 [Graph], Statista, December 15, 2023. [Online]. Available: https://www.statista.com/forecasts/1380894/malaysia-vacation-rentals-market-revenue-growth