The upcoming solar eclipse on April 8th has spurred a surge in interest and travel plans across the United States. With the path of totality stretching across 14 states, millions are anticipated to witness the event, far exceeding the number of residents within the path. This has led to a significant increase in short-term rental bookings, particularly in areas along the eclipse's path, with an 88% rise in bookings observed.
Data from Yougov.com indicates that over half of the U.S. population has made plans to view the eclipse. Notably, demand for short-term rentals within the path of totality has skyrocketed, with occupancy rates peaking, as depicted in a trend map from Airdna.co. While rental bookings in states outside the path of totality have seen only a modest increase of about 4%, cities within the path have experienced a surge of over 200%.
Consequently, hosts in these areas have capitalized on the heightened demand by raising prices, with Missouri and New Hampshire witnessing substantial year-over-year increases of 338% and 514% respectively. This trend underscores the willingness of people to travel extensively for extraordinary natural phenomena.
4 comments:
What measures have been taken by both AirBnB and local authorities to ensure that people are able to travel safely?
With demand rates skyrocketing due to the total eclipse, does that also involve a large price increase?
Does Airbnb do surge pricing or things like that? I am sure with the large increases, it seems people would be willing to pay extra for this event.
It seems like a shocking figure that over half the people in the US plan to view the eclipse, I wonder if this only includes people viewing the totality or if it counts any viewing of the eclipse at all.
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