top of page

Cornwall's short-term lettings boom!

rpwills

Updated: Mar 5, 2024

On March 4th the ONS released a statistical bulletin on short-term lets for the July-September quarter. This provides data on those staying in properties – a whole property or a room – using online platforms. What is interesting in the data and not unexpected is that Cornwall is the top region for stays.
 
Guest nights = 1,586,060, 7.3% [of English total.
Domestic guest nights = 1,311,380, = 9.4% of English total.
 
All material below from the bulletin.
 
1 . Main points
From July to September 2023, there were nearly 2.8 million stays in short-term lets booked through the three online collaborative economy platforms in the UK (Airbnb, Booking.com and Expedia Group); this totalled nearly 28.9 million guest nights with an average of 313,879 guest nights each day.
 
In the UK, domestic visitors made up 63.6% of guest nights (18.4 million) compared with 36.4% by international visitors (10.5 million); Wales was the UK country with the highest proportion of domestic guest nights (85.3%).
 
The local administrative units (LAUs) in the UK with the highest number of total guest nights in Quarter 3 (July to Sept) 2023 were Cornwall (1,586,060), City of Edinburgh (1,157,180) and Westminster (871,900).
 
The LAUs with the highest share of guest nights for each UK country were Cornwall (7.3% of England), City of Edinburgh (26.9% of Scotland), Gwynedd (19.1% of Wales), and Belfast (29.2% of Northern Ireland).
 
The most popular LAUs for domestic guest nights were Cornwall (1,311,380), Gwynedd (365,750), and City of Edinburgh (345,000).
 
The most popular LAUs for international guest nights were City of Edinburgh (812,190), Westminster (757,350), and Kensington and Chelsea (389,720).
 
 
 
 
Cornwall made up 7.3% of all guest nights in England, followed by Westminster (4.0%) and Camden (2.1%).
 
Cornwall had the most domestic guest nights (1,311,380) in England, making up a 9.4% proportion of all domestic guest nights in England. This is 3.8 times higher than the second highest LAU, Dorset (341,760, 2.4% proportion).
 
Glossary
Short-term lets
Short-term lets refer to rentals, such as apartments or rooms, booked through these three platforms (Airbnb, Booking.com and Expedia Group), excluding other forms of accommodation, such as hotels or campsites.
Number of stays
The number of times a short-term let offered via the platforms was occupied.
Number of nights
The number of nights a short-term let offered via the platforms was occupied.
Number of guest nights
The number of nights spent during a stay, with a night counted per individual member of the visiting group. This can be influenced by guest group size and length of stay. For example, a group of four staying for two nights would be eight guest nights, but two nights and one stay.
Average number of guest nights each day
The number of guest nights divided by the number of days in Quarter 3 (July to Sept) 2023, which was 92.
Number of guest nights per stay
The average number of guest nights per stay provides information on how many guest nights one booking or stay represented. This is calculated by dividing the number of guest nights by the number of stays. This will be higher if average stays are longer or group size is larger.
Number of nights per stay
The average number of nights per stay provides information on the average duration of the stay (and so does not account for the number of guests). This is calculated by dividing the number of nights by the number of stays.
Domestic guest nights

Guest nights spent by tourists who are residents in the United Kingdom.

International guest nights

Guest nights spent by tourists who are non-residents to the United Kingdom.

 
ONS, March 2024, Short-term lets through online collaborative economy platforms, UK : Quarter 3 (July to Sept) 2023, Statistical Bulletin. 
107 views0 comments

コメント


Cornwall - Economy, commentary & analysis

©2023 by Cornwall - Economy, commentary & analysis. Proudly created with Wix.com

bottom of page