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how the Coronavirus is impacting short-term rental markets globally.
The following chart shows the total visits in millions to Booking.com, Airbnb, VRBO & Expedia through March 2020. It shows that while Booking.com boasts the highest number of total visits, Airbnb achieved the highest proportion of direct traffic.
OTA stock prices have plunged following the escalation of the crisis.
In total, by of 13th March, this already represented a total reduction of $ 41Bn in market capitalization.