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Real Estate - MAY 12, 2020

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Airbnb booking data points to sooner recovery in U.S.

by Released

Airbnb bookings in the United States are rebounding at an accelerating rate, implying a possible V-shaped recovery for short-term rental bookings, and potentially the accommodations industry and even the wider economy, according to booking data supplied by AllTheRooms Analytics, a provider of short-term rental and Airbnb data and analytics.

The data shows a broad recovery across a number of Airbnb’s key markets in the U.S.-European markets also continue to show signs of improvement in some countries.

U.S. 90-day Airbnb occupancy rates, the percentage of nights that properties listed on Airbnb are booked over the next 90 days, reached 17.48 percent on May 8, a gain of 7.04 percent week-on-week. That’s compared to a gain of 4.09 percent the week prior.

Despite the promising rebound, 90-day Airbnb occupancy rates in the United States are still down 38.26 percent compared with 2019, but the year-on-year gap looks to be closing quickly.

Within the United S

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