After Coachella experienced historically low ticket sales, there is now data circulating showing that vacation rental bookings are down from last year. The data comes from AirDNA, which tracks short-term rental data from Vrbo and Airbnb, and shows that bookings for both weekends of the Indio festival are down from last year.
According to AirDNA, three months ago, bookings were down by 26% compared to the same time last year. While that gap has since narrowed, it’s still not where one would expect; AirDNA also reported that three weeks out from the festival, 48,000 nights had been booked, down 12% from…
