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 the same time in 2023.
‘If this year follows a similar booking trajectory as last year, a large percentage of bookings could happen in these last remaining days. However, it remains to be seen if demand for this year’s Coachella will catch up to last year or fall short.’
AirDNA spokesperson Chloé Garlaschi
This news follows the slowest ticket sales the festival has seen in years. Historically, Coachella tickets have sold out in within just a few hours, after stressed-out fans endured long virtual ticket queues. This year, tickets went on sale Friday, January 19th, and took almost a month to sell out. Tickets for Weekend 2 are actually still available.
Coachella is set to return April 12th-14th and 19th-21st in Indio, California. This year’s lineup features Doja Cat, Tyler the Creator, Lana Del Rey, No Doubt, Charlotte de Witte, ISOxo & Knock2, Peggy Gou, Adriatique, Mall Grab, LE SSERAFIM, Reinier Zonneveld, Purple Disco Machine, BICEP, Anyma, Steve Angello, John Summit, Dom Dolla, Gesaffelstein, and more.
[H/T]: SFGate