Are you planning a vacation in the US and looking for a rental property? Do you wonder how many vacation rentals are available in the country?
Well, you’re in luck! In this article, we’ll take a look at the current state of vacation rentals in the US.
The Rise of Vacation Rentals
In recent years, there has been a significant rise in the popularity of vacation rentals. With services like Airbnb and Vrbo offering unique accommodation options, travelers are opting for rental properties instead of traditional hotels. According to a survey by Statista, the revenue generated by the vacation rental industry is estimated to reach $17.5 billion by 2023.
How Many Vacation Rentals Are There in the US?
It’s challenging to determine the exact number of vacation rentals in the US as there is no centralized database or registry. However, according to data from AirDNA, there were approximately 8 million active listings on Airbnb alone in 2019. This number is expected to grow as more property owners join these platforms.
Popular Vacation Rental Destinations
The popularity of vacation rentals varies across different destinations. According to AirDNA data, Florida has the highest number of active listings on Airbnb with over 160,000 properties available. Other popular destinations include California with over 120,000 listings and New York with around 50,000 listings.
Types of Vacation Rentals
Vacation rentals come in various shapes and sizes. From cozy cabins to luxurious villas, there’s something for everyone. Some popular types of vacation rentals include:
- Apartments: These are typically located within a larger building or complex and offer basic amenities.
- Houses: These can range from small cottages to large mansions and offer more privacy and space.
- Condos: Similar to apartments, but they are individually owned and offer more amenities like a kitchen and living room.
- Villas: These are typically larger homes with multiple bedrooms and bathrooms, perfect for big families or groups of friends.
Conclusion
Vacation rentals have become a popular choice for travelers in recent years, with millions of properties available across the US. Whether you’re looking for a cozy cabin or a luxurious villa, there’s something for everyone. With the rise of these platforms, it’s easier than ever to find the perfect vacation rental property for your next trip.