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Pandemic Pulse

Coronavirus is uncharted territory for all of us. The spread of the virus is being felt around the globe, but people are experiencing the impacts in different ways. For those of us in the vacation rental industry, the uncertainty we are faced with daily can be exhausting -- not to mention the real and immediate impact cancellations are having on our bottom lines.

We’ve compiled data from over 240,000 connected vacation rental properties and millions of properties selling through online travel agencies to share real-time market insights. Be sure to check out our updated charts and insights below for the latest information on how COVID-19 is impacting the global vacation rental industry.

Top Insights

October 19-23, 2020

  • France, Australia, & New Zealand have seen two straight weeks of booking pace growth, while booking pace in the United Kingdom appears to be plateauing after seeing a post-summer slowdown. 
  • Booking pace in Hawaii has now reached pre-pandemic levels after a new pre-travel testing plan was implemented in mid-October.

Global: Daily New Cases


 

Global: % of Reservations that are Cancelled by Stay Date

  • There have not been any significant changes in cancellation rates around the world.

Global: Indexed Booking Pace (vs. February 3rd)

  • There have not been any significant changes to report.

Global: Booking Pace

  • France, Australia, & New Zealand have seen two straight weeks of booking pace growth, while booking pace in the United Kingdom appears to be plateauing after seeing a post-summer slowdown. 
  • Booking pace in the United States remained fairly steady after a few continuous weeks of decreased booking pace.

US: Daily New Cases


US Regions: % of Reservations that are Cancelled by Stay Date

  • There have been no major changes to cancellation pace in the United States recently.

US: Indexed Booking Pace (vs. February 3rd)

  • Booking pace in Hawaii has now reached pre-pandemic levels after a new pre-travel testing plan was implemented in mid-October.
  • As of now, most markets in the United States, with the exception of East Coast vacation rental markets, are still seeing bookings come in at a faster rate than before COVID-19 emerged.

US: Booking Pace

  • Booking pace for most of the United States remained steady this week, with a small decrease week over week for Interior Vacation Rental markets.
  • Hawaii saw another noticeable increase this week as booking pace has risen significantly over the past few weeks.

Additional Resources

 

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