Monthly Market Review
Track the Major Trends in U.S. and European
Short-Term Rental Markets
REPORTS
Explore Our Latest Free-to-Access Reports
AirDNA’s Monthly Market Review will provide a central access point to our high-level analysis of trends and the general health of the short-term rental industry.

European Review September 2025: Market Holds Steady as Regulations Tighten and Growth Slows
In September 2025, Europe’s short-term rental market remained steady, with demand up 3.6% year-over-year and listings reaching 4 million. Regulatory pressures tightened supply but boosted occupancy and pricing power across key southern markets.

U.S. Review September 2025: Demand Softens as Supply Growth Hits Lowest Point of the Year
In September 2025, the U.S. short-term rental market saw slower growth as demand dipped slightly year-over-year and supply expansion eased to its lowest level of the year. Rising nightly rates kept revenue steady, while strong holiday pacing points to a potential rebound heading into year-end.

U.S. Review August 2025: RevPAR Hits All-Time High Despite Occupancy Dip
In August 2025, U.S. short-term rentals reached record RevPAR levels despite a slight drop in occupancy. Supply hit an all-time high, demand accelerated for a second month, and strong nightly rates remained the key driver of revenue growth.

European Review August 2025: Record Supply Meets Softer Rates and Shifting Demand
August 2025 brought record listings and demand for Europe’s STR market, though ADR softened slightly, leaving RevPAR flat. Resorts and major events like Oktoberfest drove growth, while northern markets outperformed southern ones.

European Review July 2025: Lesser-Known Destinations Drive STR Momentum
July 2025 saw record demand and occupancy in Europe’s STR market, led by growth in emerging destinations. While listing expansion slowed in major markets, rising rates and steady forward bookings helped sustain overall momentum..

U.S. Review July 2025: Record Demand and Strong Rates Offset International Decline
The U.S. STR market reached record demand in July 2025, despite continued economic uncertainty and a dip in international travel. Strong ADR growth, a rebound in booking activity, and promising Q4 pacing highlight the market’s resilience.