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European Market Review September 2022: Demand Growth Slows After Record-Breaking Summer

October 17, 2022

Scott Sage
By

Scott Sage

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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Industry Reports
Scott Sage

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.