Friday, March 6, 2020

ITB Berlin’s Cancellation Had Only a Mild Impact on Short-Term Rental Owners

Airbnb

An image of a house key for an Airbnb listing by Katrin and Mo in the Berlin Mitte district right at Potsdamer Platz. Berlin short-term rental properties avoided sharp pain when ITB Berlin canceled its early March event, according to data from Transparent. Airbnb



Skift Take: An upside for cities like Berlin that tighten short-term rental supply through regulation is that they’re less prone to price and occupancy shocks when something like the trade fair ITB Berlin cancels at the last minute.

— Sean O'Neill

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