"With the uncertainty of the ongoing pandemic, we’re seeing that travelers prefer to stay relatively close to home and mostly within their own countries,” said Rachel Tabellion, Head of Business Development at HomeToGo. "This is especially the case in the U.S. where property managers can expect to cater to travelers from in-state or within a few hours’ drive.”
Although travelers are looking to stay local, they're less interested in urban destinations. As of July 10, 2020, the share of searches for urban destinations is just approximately 7%. Though US travelers had been booking longer trips on average in May, the average trip length in June dropped from six days to five. Similarly, European travelers lost a day in their average stay duration, going from 10 days in May to 9 in June. This is still approximately three days longer compared to June 2019. June also saw a surge in bookings for condos, villas, and cabins among domestic travelers.
Nonetheless, HomeToGo isn’t advising property managers to ignore international travel.
“42% of our current international bookings are already for 2021,” added Tabellion. “So if you can, we recommend opening your booking calendars for the next year and even beyond.”
This page was last updated on July 10, 2020 and will be regularly updated with HomeToGo's latest data.