3 ms·
I'm not sure why people are downvoting the comment. The link I included indicates there were 1 million bookings in a single day, signaling recovery. A quick Go
by geronb 6y ago
I'm not sure why people are downvoting the comment. The link I included indicates there were 1 million bookings in a single day, signaling recovery.
A quick Google search shows multiple articles with more data points as well:
- Similarweb traffic: VRBO traffic is above February traffic levels https://www.similarweb.com/website/vrbo.com/ https://www.similarweb.com/website/vrbo.com/
- Airbnb traffic shows a V shaped recovery https://www.similarweb.com/website/airbnb.com/#overview https://www.similarweb.com/website/airbnb.com/#overview
- VRBO drives Expedia group recovery https://www.bizjournals.com/austin/news/2020/07/07/expedia-group-begins-recovery-vrbo.html https://www.bizjournals.com/austin/news/2020/07/07/expedia-g...
- Airbnb shows unexpected growth https://fortune.com/2020/06/30/airbnbceo-brian-chesky-bookings-rentals-recovery-2020-ipo-coronavirus-pandemic/ https://fortune.com/2020/06/30/airbnbceo-brian-chesky-bookin...
- May article showing early signs of V-shaped recovery https://www.prnewswire.com/news-releases/airbnb-booking-data-points-to-v-shaped-recovery-in-the-us-301056322.html https://www.prnewswire.com/news-releases/airbnb-booking-data...
- "Airbnb saw more nights booked for U.S. listings between May 17 and June 3 than the same period in 2019, and a similar boost in domestic travel globally." https://www.bloomberg.com/news/articles/2020-08-12/airbnb-revenue-tanks-67-in-second-quarter-ipo-planned-for-2020 https://www.bloomberg.com/news/articles/2020-08-12/airbnb-re...
Regarding layoffs:
Business tanked right after COVID began, and people were laid off because of that, but business recovered unexpectedly in the summer.
Whether this is a temporary recovery:
This is anyone's guess, and it may very well be temporary, but take a look at Airbnbs and VRBOs in less dense getaway destinations near urban centers. You will find a lot of them are fully booked through September and October.