Airbnb to launch guest insurance and Covid relief programme
US: Airbnb has announced the upcoming launch of its guest travel insurance product and Covid relief programme.
Europe marks best quarter for rental demand since March 2020
Europe: Short-term rental data provider AirDNA has revealed that Q4 2021 was Europe’s best quarter for short-term rental demand since the start of the pandemic.
Summer travel predictions for urban + non-urban operators
US: Luke Bujarski, co-founder of Extenteam, examines the latest labour market data and takes lessons from previous years of the pandemic to project travel trends and implications for rental operators in urban and non-urban markets. This article reflects on the core findings from Extenteam’s recently published State of the U.S. Accommodations Workforce Report 2022 Predictions […]
UK hospitality industry calls for clarity amid lockdown speculation
UK: Hospitality operators have called for clarity amid talk that the UK Government is considering new lockdown restrictions, in light of the surge of Omicron variant cases. Prime Minister Boris Johnson is hosting a Cabinet meeting today [20 December] in which further restrictions are likely to be discussed, including three potential options for action. It […]
AirDNA: US rentals report new booking patterns and rural success
US: The latest monthly review released by short-term rental data and analytics provider, AirDNA, shows that November saw a surge in US short-term rental demand, with booked nights up 14.9 per cent compared to November 2019, benefiting from a strong Thanksgiving week [+22.7 per cent]. The Omicron variant has caused a pullback in demand, down […]
AirDNA: Industry maintains momentum in an uncertain era
US: In its latest industry outlook, short-term rental data and analytics provider, AirDNA, is forecasting that US short-term rentals will reach 2.6 per cent more demand in 2021 compared to 2019, and is expecting 14.1 per cent more growth in 2022 compared to 2021. Average earnings for US short-term rentals grew to their highest ever in […]