Travel Agent NewsNew Zealand, ski resorts lead the way in booking boom

Looking for good news? Vacation rentals are soaring

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Bookings for New Zealand have surged as travellers plan for the end of lockdowns.
Bookings for New Zealand have surged as travellers plan for the end of lockdowns.

DENVER - New bookings for vacation rentals around the globe on Airbnb and Vrbo numbered 2.08 million on May 17 – the highest level since early March in most markets and up 127% since the lowest levels on April 5.

This latest data from AirDNA found properties in leisure, drive-to destinations such as beaches and ski resorts are seeing the most activity.

Comparing markets, AirDNA says New Zealand had the biggest surge with 465% more bookings last week than in early April. Germany is second with 367% more bookings while the United States, France and Australia are all up around 200%.

In the United States, rentals near the beaches of Alabama, Georgia, Texas and the Carolinas are seeing the biggest increase in bookings, while in Europe it is cities such as Nice, Marseille and Naples.

Looking at the dates consumers are booking, AirDNA says summer bookings for short-term rentals are far below their level last year at this time, but by early September the pacing returns close to 2019 levels – and stays there for the final four months of the year.

“This suggests that despite lockdowns and travel restrictions, guests are actively making reservations for the end-of-year holiday season,” the report states.

“I am ecstatic to see that vacation rental bookings might soon match pre-Covid levels. We hope this indicates that the industry has turned a corner and that the travel sector as a whole can look forward to a brighter future,” says Scott Shatford, AirDNA CEO.

“The vacation rental industry has been quick to mobilise against the virus, offering mid-term stays, self-check-in and stringent cleaning regimens. Guests have clearly returned in kind, confident in the space, safety and comfort that vacation rentals offer over traditional forms of accommodation.”

Source: Phocuswire

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