We have created this new section so that you can access relevant information on
how the Coronavirus is impacting short-term rental markets globally.
Below is a studio of data concerning the levels of cancellations across various markets worldwide. Any percentage value below 100% is a positive pick up - in other words, bookings. Any percentage value above 100% indicated negative pick up/cancellations. Play with the filters for insights into how various countries and market sectors are fairing.
As expected, all across major European markets we can observe a high level of cancellations for the month of March.
As a consequence of this wave of cancellations, rates have slowly dropped for the month of March.
US markets had experienced much less of an impact than European ones. However, due to the latest developments in the situation, a similar wave of cancellations is to be expected in majorly affected markets.