Airbnb sees uptick in domestic bookings
Airbnb says it is seeing a significant rise in bookings as people seek respite from Covid-19 cabin fever.
With restriction easing in most states, bookings were up between May 17 and June 3 compared to the same period a year ago.
CEO Brian Chesky said Americans are ready to hit the road again with most demand for drive-to destinations within about 200 miles.
Still, he expects overall annual revenue to be down by half this year.
Chesky told Bloomberg average booking duration is about a week with work from home employees opting to mix business with a little leisure.
"Work from home is becoming working from any home," he said.
Airbnb also cited a rise in domestic bookings in Portugal, Germany and South Korea.
Chesky also said a planned public offering this year could still go ahead.
"We’re not ruling out going public this year and we’re not committing to it."
Like its peers Airbnb’s bottom line has seen significantly impacted by the Covid-19 pandemic.
Last month it announced a quarter of its workforce is being cut.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025
Hands In, UATP join forces for airline multi-card payments