Our revenue management and data science teams have continued to monitor the pandemic’s impact on supply and demand. Unfortunately, there is a recent uptick in Covid cases in Europe, so we are reinstating the COVID-19 Discount for all of Western Europe from today until at least 15 November 2020.

Starting on 1st of September, Airbnb will deduct 15% from the host payout rather than charging the guest a service fee. This change could have a significant impact on the revenue hosts will receive, so we highly recommend reviewing your rates in Beyond Pricing with the new fee structure.

PMs often find themselves with the daunting task of pricing an entire year without the benefit of knowing how trends will play out; how events will change; or how prices will resonate. We understand this challenge and offer Rolling Calendars to help PMs stay ahead.

Are we still getting the same type of bookings we got last year as we rush to fill vacant homes and condos? We’ve previously touched on the impact of Covid on average daily rates (ADRs), but now we'll take a look at the impact across a diverse portfolio of bedroom sizes and markets.

We're taking a deep dive into the UK's short term rental performance. Read further to explore how the United Kingdom’s short term rental industry is performing mid-COVID and to understand the unique position its property managers are in.

Here we examine anonymized revenue pacing by markets to give context to how different areas are coping with the challenges related to COVID-19. This will help all of us anticipate the lows & some highs we're seeing, which allows us to make better business planning decisions in these turbulent times.

Another key metric that has shifted dramatically is booking lead times, and larger cities have seen the greatest deviation by far. We took a look at the data and focused on the median booking lead time for reservations before and after March 14 in the largest cities in the US and around the world.

We’ve examined some of the cancellation trends we've seen as a result of travel bans, but what about the bookings that are still coming in? What can the data tell us about those?

Following the announcement of travel restrictions for people entering the United States from Europe last Wednesday evening, we have seen a significant spike in cancellations for stays in vacation rentals across the United States.

While there are concerns about a downturn for the market in general, property managers are most acutely feeling the impacts in the short term due to widespread cancellations.

Hurricanes, natural disasters, floods, and wildfires are nothing new to vacation rental property managers, but how does the threat of a worldwide pandemic, like Coronavirus, affect bookings? When facing unexpected travel restrictions, what’s the best strategy to defend your revenue?