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Europe Market Review: Demand Growth Slows After Record-Breaking Summer

October 17, 2022

European Supply Growth Continues vs. 2021

UK Remains Top Guest Origin Country for France

Demand Pacing up 8% over 2019 until November

ARTICLE SUMMARY

After 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 2019, though still 33.9% more than 2021 — as guests began to weigh the implications of an economic downturn happening in the continent.

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