Airbnb Bonanza – huge rise in short let property numbers

Airbnb Bonanza – huge rise in short let property numbers


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Figures publicised in a new House of Commons report suggests there’s been a huge rise in the number of short lets in almost every part of the UK over the past five years.

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The exception is Scotland, where draconian restrictions now exist on individuals letting out their homes, rooms or separate properties via short-let platforms.

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VisitBritain, the government-funded national tourism agency, publishes monthly reports on short-term rentals, based on data collected by Lighthouse, a hospitality industry data and consultancy company that tracks short let rental listings worldwide. 

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Lighthouse tracks listings on Airbnb, Booking.com, Vrbo and TripAdvisor to maintain its own database, and removes duplicate listings when they are spotted. 

The latest Lighthouse report – cited in a House of Commons library document just released – says there are around 451,000 available short-term rental properties on these platforms in February 2024 in Great Britain, an increase of 31% on February 2019. Of these properties, around 370,000 were in England. 

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These figures include entire properties, private rooms and shared rooms. These properties may be in use as short-term lets some of the time and as someone’s main residence the rest of the time. 

London – 82,000 properties; 11% rise from 2019 to February 2024

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South West – 81,000; 33% rise

South East – 52,000; 38% rise

Scotland – 46,000; 6% fall

North West – 39,000; 55% rise

Wales – 35,000; 33% rise

East of England – 32,000; 55% rise

Yorkshire and Humber – 29,000; 57% rise

West Midlands – 21,000; 72% rise

East Midlands – 20,000; 65% rise

North East – 14,000; 68% rise

Separate figures from the Office for National Statistics, also quoted in the Commons library report, show that in England there were around 9.9m nights spent in short-term let accommodation in July to September 2023. Most of these nights were occupied by visitors from the UK (62%). 

The South West had the highest proportion of nights spent in short-term lets relative to population, followed by Scotland. For the South West, the majority of visitors were domestic tourists (78%) whereas for Scotland they were almost evenly split (52% international visitors and 48% domestic). 

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