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PressEuropean Market Review September 2022: Demand Growth Slows After Record-Breaking Summer
October 17, 2022
Scott Sage
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.
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.