THE BOOM OF AIRBNB RENTALS IN THE HAMPTONS

Airbnb was sadly one of the many businesses that took a hit at the onset of Covid-19. Rental bookings around the world, particularly those in large cities or close to popular tourist attractions, significantly reduced as travel bans were enforced and people wanted to keep their distance from crowds. This forced Airbnb to lower its internal valuation by 16% and lay off 25% of its workforce.

However, Airbnb bookings have begun to climb again. July marked the first month since March 3 that customers had booked more than 1 million nights in a single day. U.S. travelers continue to shy away from hotels and large cities but have been setting their sights on local vacation rentals in rural areas, where they can get away and feel safe. Naturally, the demand for Airbnb rentals in the Hamptons has been booming!

For just under $2000 dollars per night, you can secure a fantastic home rental complete with your own private outdoor space to enjoy. Elevate Your Listing recently had the pleasure of photographing this gorgeous 3 bedroom, 2 bathroom East Hampton family getaway close to town. The property owner, Maghnus Mareneck is rated as a Superhost on Airbnb and has obtained only 5-star reviews from guests who have escaped to his relaxing retreat. With a private heated pool and hot tub located on the property, guests can enjoy the outdoors, no matter what the weather brings.

Guests can feel safe when renting from Airbnb as their new policies including Cleaning Protocols provide guidelines on cleaning procedures, approved disinfectants, and waiting periods between guests for all hosts. Rental’s in the Hamptons are filling up quickly for the fall, so make sure to visit https://www.airbnb.com to secure your chance to live in one of these luxurious properties and escape from the busy confines of the city!

References:

https://www.newsday.com/classifieds/real-estate/hamptons-summer-rental-covid-19-1.44450611

https://www.forbes.com/sites/lisachamoff/2020/03/30/the-hamptons-is-seeing-high-demand-for-offseason-rentals-due-to-coronavirus/#408d610e1b9b

https://www.dirt.com/more-dirt/real-estate-listings/coronavirus-hamptons-house-rentals-1203320982/

https://www.businessinsider.com/best-airbnbs-hamptons?IR=T

https://thestarphoenix.com/pmn/business-pmn/airbnb-files-for-ipo-as-short-term-rental-market-rebounds/wcm/77ae7ba1-9952-420e-b300-0d8962e24503/