the short-term rental industry in finland · 2019. 4. 11. · by country (‘000) france italy...

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Helsinki, April 9 th 2019 Jose Sánchez Ameijeiras Data Analyst [email protected] THE SHORT-TERM RENTAL INDUSTRY IN FINLAND

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Page 1: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Helsinki, April 9th 2019Jose Sánchez AmeijeirasData Analyst

[email protected]

THE SHORT-TERM RENTAL INDUSTRY IN FINLAND

Page 2: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com Business Finland | 2

Page 3: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

The Hospitality Industry is GettingDisrupted by Private Accommodations

| seetransparent.com Business Finland| 3

Page 4: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com ¨Business Finland| 4

Page 5: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

1 in every 4 € spent on lodgingis for Private Accommodations

| seetransparent.com Business Finland | 5

Page 6: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

BOOKING.COM

HotelsApartments

| seetransparent.com Business Finland | 6

Page 7: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

THE INDUSTRY NEEDS MORE DATA

No Data available for Pricing,

Demand and Strategy

Short-term

Rental SitesService

ProvidersReal Estate

Investors

Property

ManagersHotel & Hotels

Developers

| seetransparent.com

Home

Owners

Business Finland | 7

Destinations

Page 8: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

The Data Source of Recordfor the Short-term Rental Industry

| seetransparent.com Business Finland | 8

Page 9: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

26 millionListings (1)

(1) Global short-term rentals density as of April 2019

Transparent Intelligence

| seetransparent.com Business Finland | 9

Page 10: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Short-Term RentalsHOW TO MEASURE?

| seetransparent.com Business Finland | 10

Page 11: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

ECM Spring Meeting | 11| seetransparent.com

Page 12: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

METHODOLOGY: DEDUPLICATION

| seetransparent.com Business Finland | 12

Page 13: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Short-Term RentalsWHAT TO MEASURE?

| seetransparent.com Business Finland | 13

Page 14: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

SUPPLY INTELLIGENCE

Supply Growth

Real de-duplicated Supply

Real Capacity

Compliance controls

Business Finland | 14

Page 15: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Top Visiting Countries

Travelers seasonality

Preferred accommodations

Benchmarking analysis

TRAVELERS INTELLIGENCE

Business Finland | 15

Page 16: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

ADRs

Length of Stay

Booking Window

Occupancy Rates

REAL HISTORICAL PERFORMANCE

Business Finland | 16

Page 17: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

The FinnishShort-Term Rental Industry

(by the numbers)

| seetransparent.com Business Finland | 17

Page 18: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

SUPPLY BY COUNTRY

LISTINGS

BY COUNTRY(‘000)

FRANCE

ITALY

SPAIN

UK

GERMANY

CROATIA

FINLAND

659

624

379

336

262

204

16

| seetransparent.com Business Finland | 18

Page 19: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Total # of listings

16,441

By property type

Entire Home

Private Room

Shared Room 0.5%

6.6%

92.9%

By capacity

380 beds

5,092 beds

71,975 beds

FINLAND – LISTINGS BY PROPERTY TYPE AND CAPACITY

| seetransparent.com Business Finland | 19

Page 20: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

EUROPE – LISTINGS BY SUBTYPE OF PROPERTY

44% 28% 3% 2% 23%

| seetransparent.com Business Finland | 20

Page 21: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

SINGLE VS. MULTI HOST

81%

34%

19%

66%

Host Listings

Multilisting HostSingle Listing Host

Business Finland | 21

Host count

Page 22: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

TOP 10 CITIES

2717

963

752

499 448 392 389 386 381 354

Helsinki Rovaniemi Kuusamo Kittilä Tampere Turku Kuopio Jyväskylä Vantaa Espoo

Business Finland | 22

Page 23: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

SEASONALITY

Business Finland | 23

-50

0

50

100

150

200

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12

2015 2016 2017

Page 24: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

TOP 10 CITIES BY NUMBER OF REVIEWS 2018

Business Finland | 24

32.4

55.3

28.1

87.0

42.5

81.5

25.7 25.121.5

16.6

Helsinki Kittilä Rovaniemi Inari Oulu Lappeenranta Kuopio Jyväskylä Turku Tampere

Ratio ordered by Reviews

Page 25: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

HISTORICAL DATA FINLAND 2018

Business Finland | 25

Average Daily

Rate

Median Booking

WindowMedian Length of

Stay

112.19 € 12 days 2 days

Page 26: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Wrapping UpKEY TAKEAWAYS

| seetransparent.com Business Finland | 26

Page 27: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com Business Finland | 27

Page 28: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

1 in every 4 € spent on lodgingis for Private Accommodations

| seetransparent.com Business Finland | 28

Page 29: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

| seetransparent.com

SINGLE VS. MULTI HOST

81%

34%

19%

66%

Host Listings

Multilisting HostSingle Listing Host

Business Finland | 29

Host count

Page 30: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

ECM Spring Meeting | 30| seetransparent.com

“YOU CAN’T MANAGE WHAT YOU DON’T MEASURE”Peter F. Drucker

Page 31: THE SHORT-TERM RENTAL INDUSTRY IN FINLAND · 2019. 4. 11. · BY COUNTRY (‘000) FRANCE ITALY SPAIN UK GERMANY CROATIA FINLAND 659 624 379 336 262 204 16 | seetransparent.com Business

Fernando Dal RePublic Sector Lead

[email protected]

Jose Sanchez AmeijeirasData Analyst

[email protected]