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PressEurope Market Review: High Demand Performance Powers Record Occupancy
July 20, 2022
Scott Sage
Occupancy in the month of June rose 3.0% over 2019 figures (+12.6% vs. 2021), reaching a new record for the month. Attenuated supply caught within a deluge of pent-up demand has allowed occupancy to reach record highs for nine consecutive months.
ARTICLE SUMMARY
The travel recovery is fully on in Europe: in the first half of 2022, 7.2% more nights were stayed in a European holiday rental than in the same period in 2019. Occupancy in June hit record levels for the ninth month running.
Scott Sage
Senior Vice President, Marketing & Customer Experience
Scott is an Airbnb Superhost and industry pro, having founded Home Base BnBs—a short term rental management company that scaled to 200+ units. Scott combines his experience and passion for hosting to empower AirDNA customers' success. When he's not thinking about STRs, he is hiking, playing basketball, or playing pickleball.