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Europe Market Review: Demand Keeps Growing in Europe with Focus on Higher-End Rentals | AirDNA

April 20, 2023

ARTICLE SUMMARY

The European short-term rental (STR) market experienced an increase of 10.3% more demand year over year in March, with over 21 million nights stayed during the period, representing a 10.1% growth compared to 2019. The strength in demand was reflected in revenue, which rose 21.4% compared to the previous year. Meanwhile, the number of available listings in March increased by 9% compared to the previous year and remained slightly above 2019 figures (3.5%). This marks the third consecutive month of supply growth relative to the pre-pandemic period of 2019.

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Industry Reports
Industry Reports