Colliers: The number of guest nights spent at Airbnb accommodations in Budapest increased by 35 percent

Last year, the number of guest nights spent at Airbnb accommodations in Budapest was close to 1.5 million, 35 percent more than a year before, Colliers told MTI on Wednesday.

Based on a recent analysis of Colliers International and Hotelschool The Hague, 69 percent of the reservations in Budapest took place in the 5th 6th and 7th districts.

Airbnb’s market share for spent guest nights increased from 10.2 percent of 2016 to 14.3 percent in 2017, so Airbnb’s market share in Budapest compared with European cities is in the lead: this figure was 15.2 percent in Paris, 13.2 percent in Barcelona 11.7 percent in Amsterdam, 10.1 percent in Madrid and 6.9 percent in London – according to the announcement. (MTI)