Malaysia: weekly YoY growth in Airbnb bookings KL 2020

According to data from Airbtics, Airbnb bookings in Kuala Lumpur had been experiencing negative growth since January 5. The decline was further exacerbated by the introduction of the Movement Control Order from March to June. The COVID-19 pandemic that broke out in the beginning of the year has led to a significant decrease in both domestic and international tourism activity, possibly accounting for the decrease in Airbnb bookings in Kuala Lumpur.

Weekly year-on-year growth of Airbnb bookings in Kuala Lumpur, Malaysia from January to August 2020

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Release date

September 2020

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Region

Malaysia

Survey time period

January to August, 2020

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 7-22, 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 6-12, 2020).

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