Madrid, the European capital with the fastest-growing in Airbnb bookings in 2017 

Madrid, the European capital with the fastest-growing in Airbnb bookings in 2017 

Although many countries, including Spain, have recently introduced guidelines to restrict the use of Airbnb, the collaborative economy platform that offers accommodation in several destinations continues to grow in the five European cities compared in that study, which are also major destinations of the known as short-break trips: London, Paris, Amsterdam, Berlin and Madrid.

The study shows that tourists keep booking Airbnb accommodation in the main European capitals, where their market share, in terms of overnight stays, has not stopped growing since 2016.

London has gone from 5% in 2016 to 6.9% in 2017, Paris from 13.4% to 15.2%, Amsterdam from 10.7% to 11.8%, Berlin from 5.3% to 6.5% and Madrid from 6.7% to 10.1%, being the city which grew the most last year among all its European rivals.

According to the report, Airbnb in Madrid shows a hugely significant increase in the number of overnight stays in 2017, which grew more than 67% to a total of 2.2 million, getting a market share of 10.1%. For its part, Barcelona, although has reached a growth of 15%, accumulating 3 million overnight stays and a market share of 13.2%, this growth is already far from the average of the main European cities, showing a market that has reached maturity.

The average prices per night in Barcelona are above those of Madrid in all types of accommodation, from €34 for a shared room to €299 for a house with 4 bedrooms, compared to the respective €29 and €271. Madrid. The average price in Barcelona is €107 compared to the 81 in Madrid (32% higher).

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