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Tourism trend report 2021 From AirDNA

The following is the Tourism trend report 2021 From AirDNA recommended by And this article belongs to the classification: Tourism economy, research report.

1. Leaving the big city

61% of American families said they would prefer to go to outdoor destinations rather than big cities; 59% said they would prefer to drive rather than fly on their next trip.

2. Redesign accommodation

Travelers have not only changed their destinations, they have also changed their choice of accommodation on the journey. Hotels and apartments have been replaced by small houses, farmhouses and special types of accommodation, such as tree houses and yurts in cities. We can see that “unique accommodation” leads to the recovery of revenue growth at the end of 2020. Supply and demand for unique accommodation is expected to remain strong in 2021, even if travel returns to normal.

3. The bigger the better

Not everyone is fit for a holiday in a yurt. In 2020, many tourists choose the traditional way of accommodation. In this category, owners who manage larger, more unitary family units perform best.

These accommodations are expected to perform best in 2021 as pod travel increases and there is a desire for fully equipped accommodations. If the landlord is considering investment opportunities, be sure to consider space, size and privacy.

4. Short and long stay

Convenience facilities, space and medium-term stay may be necessary. The rise of telework has promoted the demand for work + entertainment vacation.

From the residence time data, there are two interesting trends. First, the transition between March and may. Short time bookings (1-7 days) accounted for 80% of pre pandemic bookings, while in spring the proportion dropped to about 30%. Second, long stay seems to be more than a flash in the pan. The residence time of more than 8 days not only returned to the pre pandemic level, but also increased steadily since summer.

Now, long stay travel is twice as much as in 2019. In 2021, landlords who only rely on short-term and expensive weekend accommodation may need to readjust their strategies.

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