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.
At the beginning of April last year, European reservations were down 92% on 2019. Some areas however, have climbed out of this abyss, and through 2020 have secured more reservations than in 2019.
So which European short term rental markets are attracting higher demand through COVID-19 and what’s the outlook for 2021?