Airbnb reports surge in demand for local stays

Photo by Amelia Holowaty Krales / The Verge More people are booking local holidays in the wake of the COVID-19 pandemic, Bloomberg reports. According to Airbnb’s CEO, the number of nights booked at US listings between May 17th and June 3rd was greater than the same weeks from the previous year, and similar increases in domestic holidays are being seen in other countries including Germany, Portugal, South Korea, and New Zealand. The shift is a small piece of good news for the travel industry, which has been hammered by travel restrictions, social distancing regulations, and a wider economic downturn caused by COVID-19. At the beginning of May, Airbnb laid off 25 percent of its staff as business slowed. Vacation homes are reportedly growing more popular than hotels Things are far... Continue reading…
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