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Statistics on rented holiday homes

Explore the data and statistics on the rental market for holiday homes in Finland, including the target population, data sources, estimation methods, and key metrics like bed-places and revenue.

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Statistics on rented holiday homes

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  1. Statistics on rentedholidayhomes Katja Löytynoja, Johannes Kolu, Matti Kokkonen, Ossi Nurmi

  2. Background • In Finland, there are roughly half a million buildings classified as holiday homes according to the Finnish Building and Dwelling Register • Many of theseholidayhomes / cabinsareavailable for rent on various web platforms • Accommodationstatisticsexcluderentals of privatelyownedcabins and holidayhomes – a type of sharingeconomy • Theserentalsmakeup a potentiallysignificantshare of totalpaidaccommodation

  3. Objectives • Statistics Finland implementedthestatistics on rentalholidayhomes in 2018 commissionedbyVisit Finland • The main objectiveswas to establish • Thetargetpopulation of rentalholidayhomes • The data sources • Themethod for estimatingthecapacity and occupancy • Statistical relase for 2018

  4. Example:theuse of of a single holiday home Out of scope Intermediate web service 1 Nearlyimpossible to register Own (non-rental) use of theowner Rentalusedirectlysoldbytheowner Intermediate (web) service 2

  5. How theprocessworks Web scraping Harmonization Publishing De-duplication Estimation of use Location Bed-places Solddays Nightsspent Revenue (€)

  6. Web scraping as a data collectionmethod • Automatedmethod for parsingstructured data fromthesourcecode of web pages • Typical data collectedfromnationalholiday home platforms • Address • Coordinates • Building year • Area (m2) • Bed-places • An agreement is made withallsitesthatarebeingscraped

  7. 11 000 holidayhomes for rent in 2018

  8. 2.5 millionnightsspent in rentedholidayhomes

  9. Price per dayfrom 80 to 140 euroseachmonth

  10. Thankyou!

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