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COVID-19: Airbnb occupancy is still down but showing promising rebound

14 May 2020

With occupancy up 7% last week, the year-on-year gap is closing quickly

New data from short-term-rental analytics providers AllTheRooms show that US Airbnb bookings are rebounding at an accelerating rate - perhaps a leading indicator for a quick recovery in occupancy for short-term-rental properties and possibly for US lodging in general.

Although US Airbnb occupancies are still down 38% year-on-year from 2019, the percentage of Airbnb unit-nights booked over the next 90 days increased to 17% on 8 May, up from 10% on 1 May and 6% on 24 April.

Airbnb bookings are showing strongest recovery in states that reopened for business earliest:

  • Texas +10%
  • Georgia and Arizona +8%

AllTheRooms Analytics tracks the performance of over 12M short-term-rental properties on Airbnb and Vrbo.

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