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Airbnb occupancy in York has increased by five per cent in the summer of 2023 as prices have fallen.

According to a Make It York shareholder committee report, occupancy in properties listed on Airbnb increased from 68 per cent during April and August 2022 to 73 per cent during the same months in 2023.

The average daily rate also decreased to £140 from £142 in 2022.

The report read: “Increased occupancy resulted in monthly RevPAR (Revenue Per Available Room) reaching its highest level at £3,752, despite the average number of active listings increasing by 93 to an average of 2,138.

 

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