NEW YORK — According to AllTheRooms Analytics, a short-term rental analytics firm, Airbnb bookings are rebounding as Americans rush to book post-lockdown vacation-rental stays.
U.S. Airbnb total nights booked over the next 90 days is now up 18.3 per cent in the last 30 days and down only 15.6 per cent year-on-year, although this also reflects the number of properties listed on Airbnb having grown substantially in the past year.
U.S. Airbnb occupancy rates, the percentage of nights properties listed on Airbnb are booked over the next 90 days, are now up 17.1 per cent in the last 30 days. While this still constitutes a year-on-year drop of 36.4 per cent, the latest data marks the fifth-straight week both the average increased and the year-over-year decline decreased.
The rebound is strongest in states where lockdown measures were eased earliest. In Georgia, Airbnb occupancy is up 22.3 per cent in the last 30 days, although still down 19.7 per cent year-on-year. Arizona and Texas have also seen a strong rebound, with occupancy rebounding 29.7 per cent and 27.5 per cent in the previous 30 days. Occupancy in these two states is still down 13.6 per cent and 32.3 per cent year-on-year, respectively.
In three states that are home to 36 per cent of U.S. Airbnb listings — California, Florida and New York — the rebound remains in its early stages.
In California, where a lockdown is still in place, Airbnb occupancy for the next 90 days is up 10.6 per cent in the last 30 days, but down 46.8 per cent year-on-year.
Occupancy in New York State is up 15.7 per cent in the last 30 days and down 41.9 per cent year-on-year, despite counties outside of New York City and Long Island seeing a strong rebound.
While Florida’s state-wide lockdown order has been lifted for some time, a short-term-rental ban had been in place since March 27th and was only recently lifted as part of the state’s Phase-1 reopening. Occupancy for Florida is up 13.7 per cent in the last 30 days and down 37.5 per cent year-on-year.
Locations that rely on air travel to bring visitors, such as Hawaii, are suffering. Occupancy is down 0.7 per cent over the last 30 days, and down 46.1 per cent year-on-year.