Vacation Rental in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A vacation rental refers to the temporary renting out of a furnished apartment, house, or professionally managed resort-condominium complex to tourists as an alternative to a hotel. Private lodging reservations make up the vacation rental market. This includes renting out private vacation homes and houses and short-term rentals of rooms or apartments through websites like Airbnb, travel agencies, or over the phone. The market only deals with online booking of vacation rentals. Offline booking has not been considered in the scope of the study. Market value represents gross booking value.
- The Mexican vacation rental market recorded gross booking value of $2.1 billion in 2024, representing a compound annual growth rate (CAGR) of 6.9% between 2019 and 2024.
- The growing demand for vacation rentals can be attributed to several key socioeconomic trends, including rising disposable incomes, increased leisure time, and the continued expansion of global travel.
- Mexico accounted for an 8.1% share of the North American vacation rental market in 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the vacation rental market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vacation rental market in Mexico
- Leading company profiles reveal details of key vacation rental market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico vacation rental market with five year forecasts
Reasons to Buy
- What was the size of the Mexico vacation rental market by value in 2024?
- What will be the size of the Mexico vacation rental market in 2029?
- What factors are affecting the strength of competition in the Mexico vacation rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's vacation rental market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbnb Inc
- Expedia Group Inc
- Vacasa, LLC
