The average revenue per paying user (ARPU) of vacation rentals in China was forecast to continuously decrease between 2024 and 2029 by in total 7.6 U.S. dollars (-9.12 percent). According to this forecast, in 2029, the arpu will have decreased for the sixth consecutive year to 75.72 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Vacation Rentals market 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.
Additional Information:
The main performance indicators of the Vacation Rentals market are revenues, average revenue per user (ARPU), users and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues. Users represent the aggregated number of guests. Each user is only counted once per year.
The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. The scope includes domestic and outbound travel.
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Statista. (September 16, 2024). Revenue per user of the vacation rentals market in China from 2020 to 2029 (in U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china
Statista. "Revenue per user of the vacation rentals market in China from 2020 to 2029 (in U.S. dollars)." Chart. September 16, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china
Statista. (2024). Revenue per user of the vacation rentals market in China from 2020 to 2029 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china
Statista. "Revenue per User of The Vacation Rentals Market in China from 2020 to 2029 (in U.S. Dollars)." Statista, Statista Inc., 16 Sep 2024, https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china
Statista, Revenue per user of the vacation rentals market in China from 2020 to 2029 (in U.S. dollars) Statista, https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china (last visited November 23, 2024)
Revenue per user of the vacation rentals market in China from 2020 to 2029 (in U.S. dollars) [Graph], Statista, September 16, 2024. [Online]. Available: https://www.statista.com/forecasts/891546/arpu-in-the-vacation-rentals-market-in-china