Airbnb, Vrbo Booming In Beach Communities

By Jim Perskie The short-term rental market is bouncing back quickly, with travelers taking advantage of lockdowns ending just as the summer tourism season starts across the country, according to a report released Wednesday by AirDNA. There was a 202 percent increase in rental bookings on Airbnb and Vrbo in the United States between April 5 and May 18. “After weathering a flood of cancellations and scrambling to market themselves as immaculate, virus-free stays, it seems like the suffering may be somewhat short-lived,” AirDNA concludes in the report. The report also found, “After the multi-month lockdown brought global travel to a standstill, it now seems that — whether or not we’re ready — the road to economic recovery is clearly taking shape.…