Available listings have continued to climb relative to 2021 (+16.1%) but have failed to return to their pre-pandemic levels (-9.4% vs. 2019).Īfter surpassing pre-pandemic levels of demand every month since January 2022, the European short-term rental industry started to lose its momentum towards the end of the peak summer period: the continent ended September with 39.2 million nights stayed – 1.7% less than in 2019, though still 33.9% more than 2021 – as guests began to weigh the implications of an economic downturn happening in the continent.Īccording to AirDNA data, despite this decline in demand, the occupancy rate observed in Europe remains strong (61.4%), a 2.7% increase over 2019. Despite this decline in demand, the occupancy rate observed in Europe remains strong (61.4%), a 2.7% increase over 2019.
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