| I'm not sure why people are downvoting the comment. The link I included indicates there were 1 million bookings in a single day, signaling recovery. A quick Google search shows multiple articles with more data points as well: - Similarweb traffic: VRBO traffic is above February traffic levels https://www.similarweb.com/website/vrbo.com/ - Airbnb traffic shows a V shaped recovery https://www.similarweb.com/website/airbnb.com/#overview - VRBO drives Expedia group recovery https://www.bizjournals.com/austin/news/2020/07/07/expedia-g... - Airbnb shows unexpected growth https://fortune.com/2020/06/30/airbnbceo-brian-chesky-bookin... - May article showing early signs of V-shaped recovery https://www.prnewswire.com/news-releases/airbnb-booking-data... - "Airbnb saw more nights booked for U.S. listings between May 17 and June 3 than the same period in 2019, and a similar boost in domestic travel globally." https://www.bloomberg.com/news/articles/2020-08-12/airbnb-re... Regarding layoffs: Business tanked right after COVID began, and people were laid off because of that, but business recovered unexpectedly in the summer. Whether this is a temporary recovery: This is anyone's guess, and it may very well be temporary, but take a look at Airbnbs and VRBOs in less dense getaway destinations near urban centers. You will find a lot of them are fully booked through September and October. |