Vienna, Luxembourg, and Hamburg were the markets with the lowest vacancy rates in Europe in the fourth quarter of 2024. Vacancy rates are a measurement of unoccupied properties during a given period and are a good indication of an area’s desirability and opportunity for development. High vacancy rates can indicate an economic downturn, a lack of demand, or possibly that standards do not meet speculative renters’ needs. Low vacancy rates are, in general, considered a good thing as it means there is a good level of demand from customers, although low vacancy rates may also show a need for more development which is not being met. Since the beginning of the coronavirus (COVID-19) pandemic, vacancy rates in the office sector have been on the rise because of declining occupiers' demand.
The major European office markets? London, Paris, and Stockholm were the most expensive markets for office real estate in Europe in 2023. In London, prime office space, which refers to a property of the highest quality, optimal location, and standard dimensions that are in accordance with the local demand, was able to fetch a staggering price of 2,069 euros per square meter. When it comes to total stock, Berlin ranked among the largest markets in Europe. Where is office space most profitable? According to 2024 forecast the UK is expected to see the most return on investment by 2025 and 2026 than Europe. Industry experts forecast that investment will have better prospects than development, and that central city offices will perform better than suburban offices.

Graph and download economic data for Rental Vacancy Rate in the United States (RRVRUSQ156N) from Q1 1956 to Q4 2024 about vacancy, rent, rate, and USA.

Graph and download economic data for Rental Vacancy Rate for California (CARVAC) from 1986 to 2024 about vacancy, rent, CA, rate, and USA.

In May 2024, the region with the highest hotel occupancy rate worldwide was Europe, at 73 percent, showing a one percent increase over the previous year. Meanwhile, the lower occupancy rates across the board in 2020 and 2021 were due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.

Due to the coronavirus (COVID-19) pandemic, the average hotel occupancy rate in 2020 was greatly reduced; however, not all major cities experienced the same lack of industry. With an average occupancy rate of 71 percent, Singapore enjoyed the highest average occupancy rate in 2020 when compared to selected major cities worldwide.

Graph and download economic data for Rental Vacancy Rate for New York (NYRVAC) from 1986 to 2024 about vacancy, rent, NY, rate, and USA.

Occupancy Rate: Avg: Three Stars: TC: Mexico City data was reported at 48.560 % in Jan 2019. This records a decrease from the previous number of 54.490 % for Dec 2018. Occupancy Rate: Avg: Three Stars: TC: Mexico City data is updated monthly, averaging 53.250 % from Jan 2001 (Median) to Jan 2019, with 169 observations. The data reached an all-time high of 73.760 % in Jul 2015 and a record low of 35.830 % in Jan 2003. Occupancy Rate: Avg: Three Stars: TC: Mexico City data remains active status in CEIC and is reported by Secretary of Tourism. The data is categorized under Global Database’s Mexico – Table MX.Q017: Hotel Occupancy Rate.

Graph and download economic data for Rental Vacancy Rate for the United States (USRVAC) from 1986 to 2024 about vacancy, rent, rate, and USA.

Average Occupancy Hotel Rate: City: Udaipur data was reported at 38.900 % in 2017. This records a decrease from the previous number of 51.900 % for 2016. Average Occupancy Hotel Rate: City: Udaipur data is updated yearly, averaging 50.900 % from Mar 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 59.500 % in 2013 and a record low of 38.900 % in 2017. Average Occupancy Hotel Rate: City: Udaipur data remains active status in CEIC and is reported by The Federation of Hotel & Restaurant Associations of India. The data is categorized under Global Database’s India – Table IN.QG005: Memo Items: Indian Hotel Industry Survey (IHIS): Average Hotel Occupancy Rate.

In the fourth quarter of 2023, the prime office vacancy rate in Kuala Lumpur was 31.3 percent. In comparison, the vacancy rate of prime office real estate was under one percent in Seoul during the same period.

This table contains data described by the following dimensions (Not all combinations are available): Geography (37 items: Census metropolitan areas; Saguenay; Quebec; Calgary; Alberta; Edmonton; Alberta ...).

Hotel Occupancy Survey: Occupancy rate of bedrooms by Autonomous City and Community, category and month. Autonomous Communities and Cities.

Average Occupancy Hotel Rate: City: Jaipur data was reported at 67.900 % in 2017. This records an increase from the previous number of 62.300 % for 2016. Average Occupancy Hotel Rate: City: Jaipur data is updated yearly, averaging 59.400 % from Mar 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 71.500 % in 2005 and a record low of 45.600 % in 1999. Average Occupancy Hotel Rate: City: Jaipur data remains active status in CEIC and is reported by The Federation of Hotel & Restaurant Associations of India. The data is categorized under Global Database’s India – Table IN.QHC003: Indian Hotel Industry Survey: Average Hotel Occupancy Rate: by Cities.

Average Occupancy Hotel Rate: City: Darjeeling data was reported at 47.200 % in 2010. This records a decrease from the previous number of 57.800 % for 2008. Average Occupancy Hotel Rate: City: Darjeeling data is updated yearly, averaging 53.200 % from Mar 2001 (Median) to 2010, with 8 observations. The data reached an all-time high of 66.300 % in 2005 and a record low of 26.300 % in 2001. Average Occupancy Hotel Rate: City: Darjeeling data remains active status in CEIC and is reported by The Federation of Hotel & Restaurant Associations of India. The data is categorized under Global Database’s India – Table IN.QHC003: Indian Hotel Industry Survey: Average Hotel Occupancy Rate: by Cities.

What makes your data unique? - We have our proprietary AI to clean outliers and to calculate occupancy rate accurately.

How is the data generally sourced? - Web scraped data from Airbnb. Scraped on a weekly basis.

What are the primary use-cases or verticals of this Data Product? - Tourism & DMO: A one-page CSV will give you a clear picture of the private lodging sector in your entire country. - Property Management: Understand your market to expand your business strategically. - Short-term rental investor: Identify profitable areas.

Do you cover country X or city Y?

We have data coverage from the entire world. Therefore, if you can't find the exact dataset you need, feel free to drop us a message. Our clients have bought datasets like 1) Airbnb data by US zipcode 2) Airbnb data by European cities 3) Airbnb data by African countries.

This statistic shows the occupancy rate by month for Airbnb rooms in New York City in 2015. In June 2015, the occupancy rate for of Airbnb in New York City was 68 percent.

Graph and download economic data for Rental Vacancy Rate for Texas (TXRVAC) from 1986 to 2024 about vacancy, rent, TX, rate, and USA.

Occupancy Rate: Avg: TC: Mexico City data was reported at 65.156 % in 2018. This records a decrease from the previous number of 65.648 % for 2017. Occupancy Rate: Avg: TC: Mexico City data is updated yearly, averaging 58.655 % from Dec 1997 (Median) to 2018, with 18 observations. The data reached an all-time high of 67.118 % in 2015 and a record low of 52.147 % in 2003. Occupancy Rate: Avg: TC: Mexico City data remains active status in CEIC and is reported by Secretary of Tourism. The data is categorized under Global Database’s Mexico – Table MX.Q018: Hotel Occupancy Rate: Annual.

Graph and download economic data for Rental Vacancy Rate for Oklahoma (OKRVAC) from 1986 to 2024 about vacancy, rent, OK, rate, and USA.

Rural Tourist Accommodation Occupancy Survey: Occupancy rate of bed-places by Autonomous City and Community and month. Autonomous City and Community.