What’s more, these locations also saw less downfall in key metrics such as occupancy, ADR, RevPAR, and revenue. In fact, some vacation rental locations actually saw a surge in new bookings amidst COVID-19.Īs early as late March, travel-hungry tourists began flocking to rural, drive-to getaways throughout the world. The average distance traveled plummeted, road trips made a quick resurrection, and non-urban short-term rentals began curiously benefiting. Bookings were significantly stifled, and many countries reported revenue declines of over 50% from January to March.Īs many markets around the world reported grim returns, that wasn’t the case for all destinations. As travel came to a virtual standstill for several months during spring and summer, short-term rental operators were forced to rethink strategies and draw up new game plans.Īs outlined in our initial COVID-19 short-term data reports, COVID inundated hosts with cancellations. The onset of the COVID-19 pandemic on international lodging was unlike any force in the industry’s history. COVID-19 Short-Term Rental Data: What Happened

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