John Coletti / Getty Images
Vacation rentals globally have rebounded 127% since April after coronavirus lockdowns halted nearly all travel, according to a report from AirDNA.
Short-term rentals on platforms like Airbnb and VRBO reached rock bottom around April 5, but have nearly returned to pre-pandemic levels, according to AirDNA.
Beach towns and other leisure destinations, especially in places that pushed to reopen quickly, are seeing the most growth, the report said.
The numbers are one sign that people are starting to travel again, at least locally, as stay-at-home orders are eased, but the devastated industry is still fragile and a resurgence of cases could shut things down again.
Visit Business Insider’s homepage for more stories.
Health concerns aside, people are slowly starting to travel again as states and countries begin to ease stay-at-home orders, and short-term rental sites like Airbnb and VRBO already appear to be benefiting.
Global vacation rental bookings surged 127% between April 5 — when they hit rock bottom — to May 18, nearly reaching pre-pandemic levels, according to a new report from market research firm AirDNA.See the rest of the story at Business Insider
I just held a virtual scavenger hunt with my friends over Zoom, and it was one of the best remote games I’ve played so far. Here’s how to create your own.A YC-backed hourly home rental startup says demand is booming amid city-wide shutdowns, but its future depends on quarantine-weary workers staying putThe remote work boom will make it harder for big tech companies like Facebook and Google to recruit top talent. That’s a good thing.
To discover more visit: feedproxy.google.com