12.5% Fewer Listings. 12% More Guests.
Spain has 12.5% fewer short-term rentals than a year ago. In July, 12% more tourists stayed in them.
Three official releases landed on Tuesday and they all point the same way.
INE, Spain, July:
→ 11.5m international tourists, up 4.6%
→ Spend €18.2bn, up 10.9%. €1,579 per tourist, up 5.9%
→ Tourists staying mainly in rented homes: up 12.0%. Hotels: up 3.8%
→ January to July, rented homes up 11.0% to 7.7m tourists
→ Non-hotel paid accommodation spend up 20.6%, average stay 10.7 nights vs 5.1 in hotels
Set that against AirDNA's July figure for Spain: active listings down 12.5%. The supply is…
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