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Europe Market Review: Occupancy Surges with Demand Undeterred

June 23, 2022

Occupancy Hits 53.6%, a New Peak for May

Demand for Top-20 Countries Above 2021, Mixed vs. 2019

Short-Term Rental Supply Above May 2021, Apart from the Netherlands

Average Daily Rates off 2021 Highs for Much of Europe in May

Summer ADR Points Lower in 13 of Top-20 European Countries

ARTICLE SUMMARY

Inflation and airport delays aren’t showing signs of dampening the pent-up demand for travel in Europe this summer. Demand for European short-term rentals in May was 11.4% higher than the same month in 2019, the fifth consecutive month of higher demand than 2019, with 31.5 million nights stayed during the month.

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