India Short-Term Rental Market Size & Outlook, 2026-2034
Last Updated : 31 July, 2026 |
Study Period : 2022-2034 |
Format : PDF, Excel |
Author : Anna Morgan
India Short-Term Rental Market Insights
- Based on Deep Market Insights findings, the India Short-Term Rental Market reached USD 3.95 Million in 2025 and is estimated to attain USD 9.64 Million by 2034.
- From 2026 to 2034, the India market is expected to grow at a steady CAGR of 10.38%.
- Within the Accommodation Type category, Entire Home dominated in 2025 in terms of market size contribution.
- Over the forecast period, Private Room is forecasted to deliver the fastest growth, positioning it as the most lucrative Accommodation Type segment.
![India Short-Term Rental Market Size, Share & Growth Report By [2034]](https://deepmarketinsights.com/uploads/charts/india-short-term-rental-market-india-accommodation-type-40839.png)
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- India contributed 2.83% to the global Short-Term Rental Market size in 2025.
- By 2034, United States is forecasted to remain the largest global market for Short-Term Rental Market.
- In Asia Pacific, China is projected to capture the leading share of market size by 2034.
- Among Asia Pacific markets, Korea is expected to post the fastest growth, reaching USD 3.1 Million by 2034.
India Short Term Rental Market Dynamics
- India's short term rental market is driven by increasing domestic tourism, rising international travel, growing demand for affordable and flexible accommodations, expanding digital booking platforms, and increasing preference for personalized travel experiences. Consumers increasingly choose short term rentals such as apartments, vacation homes, villas, homestays, serviced residences, and private accommodations for leisure travel, business trips, family vacations, and extended stays.
- Short term rental platforms, property owners, hospitality companies, real estate developers, travel agencies, property management firms, and online travel platforms strengthen market accessibility through mobile applications and digital booking networks. Companies increasingly improve guest experiences through automated check-ins, smart locks, digital payments, multilingual support, premium amenities, and customized accommodation services.
- Market participants invest in property management technologies, artificial intelligence-based pricing tools, smart home solutions, automated customer service, digital marketing platforms, and sustainable accommodation models to strengthen competitive differentiation. Innovation increasingly focuses on luxury vacation rentals, budget-friendly stays, work-from-anywhere accommodations, eco-friendly properties, and experience-based tourism offerings.
- Companies collaborate with tourism boards, real estate developers, local communities, technology providers, and hospitality operators to strengthen market expansion. Continued investment in tourism infrastructure, digital travel ecosystems, property technology, and flexible lodging solutions reinforces competitiveness across India's short term rental industry.
Key Market Insights
- Domestic tourism strengthens demand.
- Digital booking expands adoption.
- Flexible accommodations support growth.
- Technology improves guest experiences.
India Short-Term Rental Market Accommodation Type 2026-2034 (USD Million)
| Accommodation Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entire Home | XX.x | XX.x | XX.x | 1.93 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Private Room | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Shared Room | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | 3.95 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
India Short-Term Rental Market Booking Channel 2026-2034 (USD Million)
| Booking Channel | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Platform | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Direct | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Inside This Report
This section examines India's short term rental market through tourism trends, digital hospitality, accommodation innovation, and competitive developments.
- Country market landscape: Reviews India's short term rental ecosystem.
- Consumer and travel trends: Explores domestic tourism, business travel, family vacations, digital booking, and flexible stays.
- Service innovation and applications: Covers apartments, villas, homestays, vacation homes, serviced residences, and premium rentals.
- Competitive and industry developments: Highlights partnerships, technology adoption, property expansion, and hospitality innovation.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 3.95 Million |
| Market Size In 2034 | USD 9.64 Million |
| Largest segment | Entire Home |
| Units | Revenue in USD Million |
| CAGR | 10.38% (2026-2034) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |