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Illustration: Sarah Grillo/Axios

While the travel industry and accommodations are taking a major hit amid the coronavirus pandemic, short-term rentals in U.S. rural (and suburban, to a less extent) areas are seeing an uptick, according to new data from AirDNA.

The big picture: People are fleeing densely populated areas, especially on the coasts, and taking up shelter in isolated rentals in rural and more "destination" type of locales.

By the numbers:

  • Airbnb revenue in rural areas: $1.32 billion in March 2020, up from $1.04 billion in March 2019.
  • Airbnb revenue in urban areas: $631 million in March 2020, down from $706 million in March 2019.

Even on a local level, AirDNA's data shows similar patterns between dense city centers and outer areas.

  • New York: Most of Manhattan and parts of bordering New Jersey are collectively down 66% between March 2019 and March 2020, while Connecticut and the Hamptons are seeing a boom in bookings.
  • Boston: The city of Boston is down 66%, while Nantucket and other vacation areas are seeing a huge off-season uptick.
  • Chicago: Chicago is down 11% while lakeside areas in Illinois and Michigan are getting two or three times the bookings.

Yes, but: There's no evidence this will be enough to help the company cruise through the current crisis, especially if travel doesn't resume sooner rather than later. It's in discussions with potential investors for new capital as it decides what to do with its IPO plans.

Go deeper: Coronavirus hits Airbnb, already facing widening losses

Go deeper

House passes sweeping election and anti-corruption bill

Photo: Win McNamee via Getty Images

The House voted 220-210Wednesday to pass Democrats' expansive election and anti-corruption bill.

Why it matters: Expanding voting access has been a top priority for Democrats for years, but the House passage of the For the People Act (H.R. 1) comes as states across the country consider legislation to rollback voting access in the aftermath of former President Trump's loss.

Updated 1 hour ago - Politics & Policy

House passes George Floyd Justice in Policing Act

Photo: Stephen Maturen via Getty Images

The House voted 220 to 212 on Wednesday evening to pass a policing bill named for George Floyd, the Black man whose death in Minneapolis last year led to nationwide protests against police brutality and racial injustice.

Why it matters: The legislation overhauls qualified immunity for police officers, bans chokeholds at the federal level, prohibits no-knock warrants in federal drug cases and outlaws racial profiling.

3 hours ago - Politics & Policy

Senate Republicans plan to exact pain before COVID relief vote

Sen. Ron Johnson. Photo: Stefani Reynolds/Bloomberg via Getty Images

Republicans are demanding a full, 600-page bill reading — and painful, multi-hour "vote-a-rama" — as Democrats forge ahead with their plan to pass President Biden's $1.9 trillion COVID-19 relief package.

Why it matters: The procedural war is aimed at forcing Democrats to defend several parts the GOP considers unnecessary and partisan. While the process won't substantially impact the final version of the mammoth bill, it'll provide plenty of ammunition for future campaign messaging.