Airbnb bookings are coming back from the March lows in a number of U.S. states that have ended their lockdowns.

Georgia

Georgia reopened businesses in late April, but its beaches reopened at the beginning of April. Short term rentals got the green light to open as early as May 1. Data from market data company Keydata Dashboard indicated that bookings have returned to pre-quarantined levels and have surpassed them in the North Georgia Mountains. The coastal area shows more fluctuation. This is likely due to travelers still wary of higher density areas. Bookings in Georgia have outpaced the rest of the country.

There is a surge in last minute bookings with arrivals within 30 days or less seeing a steep increase.

Early States Ending Lockdown See Uptick in Bookings

Texas, Colorado, Tennessee, and Alabama were some of the earliest states to end their lockdown in late April. They all saw an uptick in 30-day occupancy rates from the March lows, according to data from AllTheRooms Analytics. While these states are still down between 27%-45% year-over-year with the exception of Colorado, which was up 5%, it is a sign of recovery.

In Texas, the recovery in Airbnb bookings is uneven across the state due to different local government mandates. Resort towns are showing the most significant rebounds in their 30-day occupancy rates according to AllTheRooms Analytics.

From March 22nd to April 30th:

  • Port Aransas +44%
  • Galveston +42%
  • South Padre Island +39%
  • San Antonio +23%
  • Dallas +19%
  • El Paso +19%
  • Austin +15%
  • Houston +6%

Bookings rebound for states ending lockdown:

30-Day Occupancy Rates

April 30, 2020

Mid-March 2020

Lows

% Chg

4/30/2020 v 4/30/2019

Texas

18.9%

15.9%

-34%

Colorado

25.7%

21%

+5%

Tennessee

20.3%

14.7%

-45%

Alabama

27%

19.1%

-27%

Source: AllTheRoomsAnalytics

No rebound for states still in lockdown:

30-Day Occupancy Rates

April 30, 2020

Mid-March 2020

% Chg

4/30/2020 v 4/30/2019

New York

17.8%

same

-42%

California

18.7%

same

-36%

Washington

22.4%

same

-32%

Connecticut

27.1%

same

-3%

Source: AllTheRoomsAnalytics



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