Short-Term Rentals Gain Big Share on Hotels in Europe’s Shifting Lodging Sector

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Skift Take

The pandemic boosted the growth of the already flourishing short-term rentals sub sector of the European accommodation market. It is still to be seen how the various sub sectors will compete to define the market landscape.

Europe has upheld the position of a global leader in tourism in the past, with its international arrivals accounting for 40 percent of global international arrivals in 2019. As a result of the pandemic, international tourism arrivals in Europe dropped by 70 percent in 2020 in co

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