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Short-Term Rental Markets

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Travel in Europe during the "shoulder season," especially in October 2023, has become really popular - beating records from before the pandemic. More people are booking trips, and places to stay are filling up fast as countries like Spain, Portugal, Greece, Italy, and Croatia are seeing a lot of visitors during this usually quieter time. 

European Market Review: Shoulder Season Travel Explodes as Supply Increases, Keeping Occupancy Stable | AirDNA

2023 may be the year of the off-season. Throughout the year, pacing data indicated short-term rentals (STR) may get a boost from an extended travel season. October made good on those projections with a 15% year-over-year increase, a significant hike from the 11% increase we saw in September.

U.S Market Review: Off-Season Attraction Draws Demand in October | AirDNA

The “shoulder season” officially kicked off in Europe last month with a bumper September. Year-over-year (YOY) demand was up 19.7% in September, a return to the double-digit demand growth seen in the first half of the year.

Europe Market Review: Off-Season Occupancy Booms for European Short-Term Rentals | AirDNA 

Track the world's major short-term rental trends in one clean monthly report. Industry-leading data from over 10 million properties on Airbnb and Vrbo.