Airbnb Trends: A Shift In Travel
Additionally, 45% of bookings in this last quarter were for seven nights or more.
This is obviously a great trend for the company, but also for its hosts, who need to do well to see value in being on the platform.
To that end, hosts earned $13 billion in income in Q3 2021, increasing 27% from Q3 of 2019.
Airbnb also sees the shift to remote and hybrid work as a driver for its business.
With the ability to work from home, more people are able to travel while still working.
With remote workers no longer confined to weekend travel, Airbnb has seen Mondays and Tuesdays become their highest days of the week for travel.
I’d love to know your thoughts on this!