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European Monthly Review September 2024: Steady Demand, Rising Rates, and Holiday Travel Surge

October 21, 2024

ARTICLE SUMMARY

September saw strong demand growth across Europe’s short-term rental markets, supported by steady occupancy and pricing improvements. As inflation stabilizes, ADRs have followed suit. Foreign travel is on the rise but has yet to fully recover to pre-pandemic levels. Heading into the fall and winter, European bookings are pacing well ahead of last year, indicating a strong holiday season.