Finally, in December 2020, which is the most recent data, the corresponding decrease was 54% with 10 million fewer accommodations than the corresponding month in 2019. Respectively, in July 2020 the second-largest decrease took place, 12 million accommodations less compared to July 2019, a decrease of 37%. Although this has had a detrimental effect on the market, it also means that when restrictions are lifted, travel will once again become the focus of our lives relatively quickly.Īccording to the chart below, for Airbnb registered listings, the biggest drop was observed in May 2020, with almost 15 million fewer accommodations available on the market compared to May 2019, a decrease of 65%. In addition to the declining income of travellers and the reduction of travel expenses from people globally, we are also seeing travel restrictions imposed by state governments. (10.000.000 properties).ĪirDNA Data Sources Fall in demand in EuropeĪccording to Jame, the recession that happened in Europe in 2020 in the short-term lease market, has not taken place again in history. Where does AirDNA get its data from?Īs shown in the table below, AirDNA draws its data from individual hosts (35.000 properties), from specialized short-term lease management programs such as PMS and Channel Managers (75.0000 properties) and from data drawn from the Airbnb and VR platforms themselves. AirDNA is the largest company in the world in terms of short-term lease data, as it collects daily all bookings and prices from more than 10,000,000 properties listed on Airbnb and VRBO.ĭuring his speech, Jame analysed some very important data on short-term leasing in Greece as they emerge from the online platforms of Airbnb and VRBO. On the first day of the conference, the first speaker was Jame Lane, AirDNA Vice President of Research. This ensured that only people from the industry participated in its work. Note that the conference could only be attended by those who had pre-registered and was not available for attendance by the general public. The Sparrow team attended for the third year in a row the BnB Guest Conference which took place online for the first time due to coronavirus on January 25 and 26.
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