The pandemic has not hurt just the local hotel industry, but also small unit owners that listed their properties on booking platforms. However, a rising number of listed accommodation can be now notices, with March posting the biggest number of listings since September 2019.
Last year, around 17,100 properties were listed on average in Romania, at an average $80 price. At the same time, the 2021 average occupancy rate revolved around 40%, in line with AirDND data.
The value of the market can differ, though, depending on the occupancy rate, the number of listed units and the average price asked by owners.
By comparison, the local hotel market in 2020 was worth around RON4.85 billion.
Thus, Airbnb market accounts for almost 20% of the industry value.
(English version by Catalina Apostoiu)