Airbnb Rental Supply Fell This Summer for First Time

With a successful pivot to close-to-home travel, Airbnb has managed to defy early predictions that the coronavirus pandemic would doom its business. But previously undisclosed figures nevertheless show the toll the crisis has taken on the home rental site. 

Airbnb had about 5% fewer listings on its site that were available or rented in July and August than it did during the same period last year, according to an analysis of data provided by AirDNA, which tracks Airbnb’s business. It is the first time listings have declined on a year-over-year basis during the summertime peak since AirDNA began tracking the figure in 2015.