In 2023, the number of users in the vacation rentals industry in Malaysia was estimated to reach around 11.28 million, an increase from around 8.43 million in the previous year. Statista Market Insights forecasted that the users of vacation rentals in the country will continue to increase from 2024 and reach around 14.07 million by 2028.
Number of users of the vacation rentals market in Malaysia from 2018 to 2028
(in millions)
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). Number of users of the vacation rentals market in Malaysia from 2018 to 2028 (in millions) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number
Statista. "Number of users of the vacation rentals market in Malaysia from 2018 to 2028 (in millions)." Chart. December 15, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number
Statista. (2023). Number of users of the vacation rentals market in Malaysia from 2018 to 2028 (in millions). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number
Statista. "Number of Users of The Vacation Rentals Market in Malaysia from 2018 to 2028 (in Millions)." Statista, Statista Inc., 15 Dec 2023, https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number
Statista, Number of users of the vacation rentals market in Malaysia from 2018 to 2028 (in millions) Statista, https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number (last visited December 03, 2024)
Number of users of the vacation rentals market in Malaysia from 2018 to 2028 (in millions) [Graph], Statista, December 15, 2023. [Online]. Available: https://www.statista.com/forecasts/1380907/malaysia-vacation-rentals-users-number
