The average revenue per paying user (ARPU) of vacation rentals in Singapore was forecast to continuously increase between 2024 and 2029 by in total 9.4 U.S. dollars (+3.6 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 270.51 U.S. dollars and therefore a new peak in 2029.
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.
For further information on the data displayed, refer to the info button right next to each box.
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Statista. (July 18, 2024). Average revenue per user (ARPU) of the vacation rental market in Singapore from 2019 to 2029 (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu
Statista. "Average revenue per user (ARPU) of the vacation rental market in Singapore from 2019 to 2029 (in U.S. dollars)." Chart. July 18, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu
Statista. (2024). Average revenue per user (ARPU) of the vacation rental market in Singapore from 2019 to 2029 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu
Statista. "Average Revenue per User (Arpu) of The Vacation Rental Market in Singapore from 2019 to 2029 (in U.S. Dollars)." Statista, Statista Inc., 18 Jul 2024, https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu
Statista, Average revenue per user (ARPU) of the vacation rental market in Singapore from 2019 to 2029 (in U.S. dollars) Statista, https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu (last visited August 25, 2024)
Average revenue per user (ARPU) of the vacation rental market in Singapore from 2019 to 2029 (in U.S. dollars) [Graph], Statista, July 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1380658/singapore-vacation-rentals-arpu