April ended on a strong note for the short-term rental market in Europe, according to the latest figures from AirDNA. The shift of Easter towards the end of the month gave a significant boost to demand, with a 27.4% year-on-year increase, while summer bookings suggest strong tourist interest in the coming months.
Key indicators in April: Strengthening in all sectors
- The number of available registrations reached 3.6 million, an increase of 7.1% compared to April 2024.
- The number of overnight stays reached 36.6 million (+27.4%), while the average price per night (ADR) stood at €150 (+4.2%).
- Occupancy rose by an impressive 18% to 59%, while revenue per available night (RevPAR) increased by 23% to €88. This confirms the broader recovery of the tourism market and bodes well for a dynamic summer season.
- Universal increase in demand across the continent
All European countries recorded an increase in demand, with nine of them exceeding 20% year-on-year. Leading the rise were Norway (+53.1%), Germany (+46.3%) and the Czech Republic (+41.7%). Similarly, the UK (+20.5%) and Italy (+17.6%) also recorded strong performances, albeit at more moderate levels.
In some countries, such as Finland, supply growth (+16.5%) exceeded demand growth (+14.2%), limiting the increase in occupancy and revenues. Nevertheless, the overall picture for Europe remained positive.
Explosive revenue growth – Big winners
Revenues rose in all markets, but with variations. Germany and Denmark stood out with revenue growth of 55% and 49% respectively, thanks to significant increases in occupancy. Norway recorded the highest revenue growth (+68.5%), mainly due to increases in ADR (+10.1%) and supply (+27.1%).
Interestingly, there are also markets where revenue growth was mainly driven by higher prices, such as Finland, Switzerland and Greece. There, occupancy increased modestly, but the price increase generated significant gains.
Strong indications for a “hot” summer
Bookings for the summer months (June-August) are up more than 10% in 18 of the top 20 European markets. Poland (+37%), the Czech Republic (+30%) and Norway (+27%) are among the leaders.
France is expected to have a strong summer season, particularly in major cities (+37% in occupancy), while luxury residences are already recording a 13% increase in bookings, indicating increased mobility from high-income travellers.
