Airbnb: YoY bookings growth in Milan 2020

Airbnb bookings in Milan, and Milan's Municipio 1, namely the zone including the historical center of the Italian city, dropped significantly in 2020 due to the coronavirus pandemic. On January 19, the year-over-year (YoY) growth in Milan reached 109.1 percent, meaning that the Airbnb bookings in this area rose by 9.1 percent compared to the same period of 2019. However, in March the number of bookings dropped sharply. The lowest figure was then recorded on April 19, 2020, when Airbnb accommodations in Milan's city center only received 0.9 percent of bookings compared to the previous year.

Weekly year-over-year growth in Airbnb bookings in the Italian city of Milan from January 5 to August 23, 2020

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Release date

September 2020

More information

Region

Italy

Survey time period

January 5 to August 23, 2020

Special properties

YoY growth in bookings in Milan, and Municipio 1 Milan

Supplementary notes

YoY growth refers to share of bookings received in comparison to the same period last year. For example, YoY growth 100% means Airbnb received the same amount of bookings compared to last year. YoY growth of 150% in week 1 2020 means there were 50% more bookings than in week 1 2019.

Data is based on the review data scraped by Airbtics from Airbnb.com between September 7 and 22, 2020. Limitation: 80-95% of active listings.

"Active listing" here means a listing that has its first review before 2019 April and its last review after 2020 March, so that the booking difference between 2019 and 2020 can be compared in a more fair way.

The dates refers to the week ending (e.g. Jan 12, 2020 shows the YoY change in number of bookings between January 6 to 12, 2020).

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