Impact to the UK short term rental market has of course been huge through 2020. However, what effects have the latest lockdown roadmap announcements had on demand across the UK? Moreover, how is vacation rental occupancy looking ahead in 2021?
ForwardKeys joined forces with Transparent to share the current booking trends each data provider is noticing. And guess what? Many similarities emphasise how intertwined and dependent the hospitality sector is on government travel restrictions and the rights to fly. Read on for ForwardKeys’ analysis highlights on the current state of 2021 vacation rentals and flights.
If there has been one consistent bright spot in the travel industry these last 12 months, short term rentals is it. While traditional hotels experienced sharp declines in RevPAR and occupancy, short term rentals seem to have fared much better. Below, we dive into the data to analyze market trends for short term vacation rentals in six key U.S. cities.
Choosing a vacation rental data platform can be overwhelming. We want to make it as easy as possible to understand the differences between Transparent and AirDNA alternatives and pick the best platform for you, even if it’s not us. Here is a handy feature comparison to help you compare Transparent, AirDNA and in-platform data tool alternatives.
Airbnb need Experiences to remain a successful core to their efforts, and not only to bolster revenue. A point of difference in its inevitable consumer competition with Vrbo and Booking.com, Experiences are a venture Airbnb is keen to highlight and validate ahead of its IPO. But just how significant are they?
By redefining traveler expectations and establishing a new type of lodging, Airbnb built the second most valuable travel company in the world in just a decade. As investors consider the Airbnb IPO, we analyse key questions facing the company. How will the Airbnb brand, hosts, guests, competitors & COVID impact its IPO?
Location intelligence has become a growing necessity & is especially relevant to the hospitality industry’s most fragmented segment. Anyone in vacation rentals looking to expand to a new market, acquire property, evaluate prices, understand demand by area or simply better track competition & market shares, it is crucial.
A hunger for innovation and growth has driven Airbnb since its inception. As the distance between Airbnb and its unique origins has grown, so has the hunger, and need, to find new unique offerings. The IPO provides a moment to revisit some of these initiatives, such as Airbnb Experiences, Airbnb Plus & mid-term stays.
Airbnb has positioned and acquitted itself as THE alternative to hotels. Synonymous though it is with vacation rentals, Airbnb faces competition from big budget companies. While the biggest threat to Airbnb’s revenue is a fall in reservations, the most likely driver of this scenario is competition. The strength of Airbnb’s competitors therefore carries big weight in the forthcoming Airbnb IPO.
Airbnb’s vision of ‘belonging anywhere’ has captured the imagination and custom of millions. With brand so critical in a travel industry dominated by Google, a question surrounding the Airbnb IPO is: just how powerful is the Airbnb brand? Moreover, can it retain and attract yet more consumers to continue to grow in the face of changing demand and competition?