Hospitality data story 2024 ...Middle East

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Short-term rental supply in key hotel markets is up 24% Across the key hotel markets we’ve mapped, short-term rental supply is up 24% at the end of 2023 versus 2022. Riyadh, London, Mumbai, Sydney and Delhi have shown the greatest growth, each exceeding 40% increase in short-term rental properties. Regionally, supply has increased most in EMEA markets (31%), followed by Asia Pacific (19%) and Latin America (18%), with North American destinations seeing least growth on average (9%). As short-term rental supply grows, so does its competitive relevance. It’s important to have visibility over your complete competitive landscape, and reflect it in your strategy. Short-term rental prices are growi

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