U.S. home rental company Airbnb Inc's bookings in major cities across the world have taken a blow due to coronavirus-fueled uncertainty in the travel industry, data from Airbnb-analytics firm AirDNA shows.
Daily reservations have fallen in major cities such as Beijing, Seoul, Rome and Milan throughout the first two months of 2020, according to data https://www.airdna.co/blog/coronavirus-impact-on-global-short-term-rental-markets published on Wednesday.Bookings slumped 96per cent in Beijing, with only 1,655 reservations in the first week of March, down from 40,508 bookings from Jan. 5 to Jan. 11, the AirDNA report said.
Source: News Formal (newsformal.com)
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