Short-term rental (STR) recovery is on the rise in Europe, but disproportionately. The supply of available STRs in Europe has
For the hotel category, which includes studios and one-bedroom apartments, RevPAR was down much more, at 64.8% from last year.
At the end of the studied period, hotel RevPAR in the 27 markets was 64.8% lower than the previous year.
Traditional hotels saw the most severe year-over-year declines in performance as well as the lowest absolute points during the pandemic.
Despite recently imposed short-term rental regulations in Madrid, supply was sure to increase as novice hosts aim to capitalise on
After hosts have optimized their own rentals, the Market Minder also provides insight on the best locations in town in