Table of Contents How has Covid-19 affected international tourism? There is an estimated decline of 58% to 78% on international tourist arrival this year due to the Covid-19 pandemic, as stated by UNWTO. With planes forced to stop flying and borders closed between countries, people have no choice but to stay put. Looking at the […]
What do the . say about their rentals? We have interviewed above 30 Airbnb hosts during the pandemic (Between mid-March – July), and 4 out of 5 Airbnb hosts have broken even. Some of them had to receive mid-term or long-term bookings, which they wouldn’t have done last year. Those bookings were from various people […]
Just over a year ago, me and my colleague were talking about what would be the highest rental yield one can make whilst working in London. Out of many ideas, one thing that caught my ears was a story from this woman who is doing Airbnb rental arbitrage in Canary Wharf with twenty 2-bedroom units. […]
Vacation rentals in Europe have just begun to recover. We have analyzed over 300,000 Airbnb listings across various cities in Europe and the UK this week. One major pattern that is observed in the past month is that the vacation destinations in countries with high domestic Airbnb guests have started getting more bookings in June […]
Vacation rentals in the US have been rapidly recovering since June. We have analyzed over 200,000 Airbnb listings this week. Our research showed that the Southern States, like Texas, South Carolina and Florida, have successfully made a comeback, yet New York and California states are still struggling. Please note that many other cities are not in […]
Recently, Airbnb CEO says post-COVID travel will never be the same again and added that people are more likely to travel domestically. Our analysis also confirmed with this trend by analyzing 5 million short-term rental booking data from 2019 December to 2020 May. In order to write this blog post, we have chosen 4 states […]
Airbtics gathers and updates its data with this five-step process. 1. Source the data Airbtics collects short-term and vacation rental data from dozens of sources, including Airbnb, independent property managers, and rental software providers. 2. Monitor the data on a regular basis Acquiring rental data is just the beginning. This data is continually tracked, with various […]
Indonesia may have been late to start in the Airbnb market but it’s one of the fastest-growing countries in Southeast Asia in terms of inbound travel. Indonesia ranked 20th in the world tourist industry in 2017. [1] Now, because of the worldwide lockdowns due to coronavirus pandemic, there is a significant threat in the whole […]
The impact of COVID-19 has been quite severe in the last few months on the vacation rental industry. There was a significant number of cases reported in some cities that reversed the predicted drop of Airbnb bookings there. It has been observed that there is a reduction in the short term stays compared to the […]
Hong Kong attracts the largest number of visitors per year [ref], yet it does not have as much Airbnb listings as other popular tourist destinations like London (70,000+) or Paris (50,000+). Hong Kong was showing a rapid growth in both Airbnb supply and demand until the 2019 Hong Kong protests. Despite the current climate, we […]
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