Czechia, Hungary and Ireland remain at the bottom of the table from May. However, only half of the top 20 countries are outperforming their 2019 performance, led by Greece, Germany and France in June. All of the top 20 countries saw gains from last year, though Finland, the UK and the Netherlands lag behind as guests begin to travel abroad instead. In June, Croatia led the way in the demand recovery, with 132 per cent more nights booked than last year, followed by Norway, and Hungary. Decreased supply struggling to come back from the pandemic pushed occupancy to record highs for the ninth consecutive month, reaching 58.2 per cent in June 2022, while average prices begin to stabilise, up 4.8 per cent from last June. Europe: Against an uncertain economic backdrop, not even airport chaos and cancelled flights can deter travel around Europe this summer, according to short-term rental data and analytics provider, AirDNA.ĪirDNA’s new monthly market review reveals that in the first half of 2022, 7.2 per cent more nights were spent staying in a European holiday rental than in the same period in 2019, showing a full recovery across the continent.

Airdna report