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Airbnb Results

Airbnb Revenue Climbs 5% As Travel Rebounded in Q1 2021 - PhocusWire

Airbnb says the revenue increase was driven by strength in North America and higher average daily rates during the quarter. Comparatively, in the same period last year, revenue was significantly impacted by the cost of cancellations related to COVID-19.

Vrbo Premier Host

Vrbo Puts New Emphasis on Helping Its Best Hosts - PhocusWire

Vrbo has taken another step in its bid to go up against arch rival Airbnb in the battle to win over property hosts. The Expedia Group-owned private accommodation booking service is relaunching its owner service as Premier Host (formerly Premier Partner).

Coronavirus Impact On Home Sharing

How the Pandemic Has Impacted Airbnb Supply - PhocusWire

According to an analysis from AirDNA, Airbnb - which saw its supply more than double over the past four years, up to 5.4 million active listings compared to 2.3 million at the beginning of 2017 - lost 5% of its total listings from January through June of 2020.

Airbnb Occupancy

Airbnb Occupancy Rates Not Expected to Recover Until September 2021 - PhocusWire

In November, short-term rental bookings went up as news of a COVID-19 vaccine helped boost traveler confidence. Now, with the rollout of the vaccine underway, forecasts predict that it will still take some time for Airbnb occupancy rates to recover; however, national daily rates are expected to grow throughout 2021.

Accor Apartments & Villas
Fairmont Residences Royal Palm Marrakech

Accor Launches Apartments & Villas Website

The site makes more than 50,000 apartments, villas and chalets available, drawing from Accor's 15 extended stay hotel brands (including Adagio, Mantra, and Hyde Living), as well as the company's portfolio of branded private residences which are privately owned and frequently included in managed rental programs (Raffles Residences, Banyan Tree Residences, Delano Residences, Fairmont Residences, SLS Residences, etc.) and one-of-a-kind private rentals (onefinestay), in over 350 destinations.

Airbnb Q3 Profit

Airbnb's Q3 Earnings Demonstrates a Positive Reaction to the COVID-19 Pandemic

Like all other major players in the lodging industry, Airbnb was hemorrhaging cash at a rapid rate at the start of the COVID-19 pandemic. However, it was proactive in how it quickly changed its strategic direction internally and externally, resulting in a net profit of $219m for Q3 2020, says GlobalData.

U.S. Short-Term Rental Booking Trends
Screenshot home rental booking - Source - AllTheRooms Analytics

U.S. Short-Term Rental Bookings at 81% of 2019 Levels Despite COVID-19, Boosting Airbnb & Vrbo

Short-term rental bookings are proving to be a bright spot in the U.S. travel sector during the COVID-19 pandemic, according to data from AllTheRooms Analytics, a provider of short-term rental analytics. Despite rising U.S. cases in the last two months, short-term rental bookings for the next 180 days made on platforms such as Airbnb and Vrbo have continued to rebound, and are now at 81% of their 2019 levels.

Airbnb Recovery

Airbnb's Adaptable Business Model and Cost-cutting Measures Have Revived Hopes of a 2020 IPO

A few months ago, the chance of Airbnb’s planned IPO going ahead in 2020 was slim to none. As the COVID-19 pandemic swiftly ground domestic and international travel to an abrupt halt, travelers cancelled their bookings en masse and its host community looked to list their properties elsewhere. However, Airbnb’s recent performance means that a stock market launch is now once again a possibility says GlobalData.