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COVID-19: 41% occupancy decline for U.S.? | Airbnb bookings rise 18%

U.S. could see a 41.4% occupancy decline ahead Data from PWC shows unprecedented March declines for the industry, with April’s and May’s even deeper as COVID-19 impacts the U.S. lodging industry. The firm’s outlook for 2020 anticipates a 41.4% decline in occupancy, ADR falling to 19.9% and RevPAR down to 53.1%. Read the full report U.S. Airbnb bookings rise 18% in past 30 days Airbnb bookings are rebounding as Americans rush to book post-lockdown vacation rental stays, according to AllTheRooms Analytics, a provider of short-term rental analytics. U.S. Airbnb total nights booked over the next 90 days is up 18.3% in…
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