Cancellation levels of short-term rentals due to coronavirus in Italy 2020

The coronavirus (COVID-19) pandemic had a significant impact on the short-term rental market in Italy in 2020. On February 11, the cancellation level of short-term rental property reservations reached 19 percent. On March 3, roughly a week before the beginning of the country's lockdown, the ratio of cancellations versus bookings increased significantly, reaching 145 percent. On March 10, one day after the start of the lockdown, this ratio reached 232 percent. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Cancellation levels of short-term rental property reservations due to the impact of the coronavirus (COVID-19) in Italy from February 11 to Jun 22, 2020

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Source

Release date

July 2020

Region

Italy

Survey time period

February 11 to Jun 22, 2020

Special properties

Any percentage value below 100% is a positive pick up (bookings), any percentage value above 100% indicated negative pick up (cancellations)

Supplementary notes

Data on Italy relate to the following markets (regions, areas or cities): Apulia, Bergamo, Catania, Como, Florence, Genoa, Grosseto, Liguria West Coast, Lucca, Milan, Naples, Palermo, Rome, Siena, Trentino-South Tyrol, Trieste, Venice.

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