Short-Term Rental Booking Habits are Starting to “Normalize”

Although many short-term rental platforms attract the trend of long-term stability as people travel with flexibility, new data suggests that travel is being “normalized” as customers become more comfortable with more comfortable windows and window bookings. According to Guesty, who has analyzed booking types across platforms including Airbnb, Booking.com, Vrbo and Tripadvisor, the length of stay in the United States this summer will be 14% shorter than last year’s 4.3 nights in 2021 compared to 4.3 nights in 2021. 2019 is close to the 4.1 night average.

For July 2021, the positions are 14% lower than in July of last year and the length of stay the same as July 2019. The month’s reserves are 29% higher than July 2020 and 29% higher than July 2019. August 2021 is 19% shorter for August and September show suspensions and 7% shorter for September 2021 compared to the same period last year.

Reservations for both months cost 30% more than in 2020; Compared to 2019, August 2021 reservations cost 26% more and September 2021 reservations cost 34% more. In general, reservations will cost 30% more this summer than last year and 28% more than in 2019 because of the limitations without comfort and suppression-up demand. The share of domestic travel in the United States is 12% higher this year than in pre-COVID, and more than 90% of reservations in the country are being made by domestic travelers.

According to Guesty, a software provider at very short-term fares, it was easier for property managers and professional hosts to target domestic travelers because they had already targeted these audiences. In comparison, in the UK, a long-term recovery and historically less reliance on domestic travel meant property managers and professional hosts had to make more drastic changes to their marketing strategies.

As such, the share of domestic travel in the United States has nearly doubled this year compared to pre-Covid, an increase of 76%. For the rest of the summer – July to September – the amount of savings in the United States is 700% higher than by 2020. The amount of savings is 22% higher than in 2019.