Airbnb vacation bookings soar as Covid restrictions ease Airbnb – fr

Wild boars surround woman near Rome and steal food races

Airbnb has reported an increase in bookings as coronavirus restrictions are relaxed in some countries.

The value of bookings made by holidaymakers climbed 52% year-on-year to $ 10.3 billion (£ 7.3 billion) in the first quarter, with locations outside of city centers and rural areas growing. revealing particularly popular.

The San Francisco-based company said the pick-up in bookings was being driven by families and small groups, as opposed to solo travelers, while there had also been a surge in bookings for longer stays. .

Almost a quarter of nights booked in the first three months of the year were for stays of 28 days or more, up from 14% in 2019 before the pandemic.

“More and more guests are finding that they don’t need to be tied to one place to live and work,” Airbnb said.

The company reported 64.4 million nights and experiences booked, up 39% from the fourth quarter and 13% year-over-year. Booking nights have fallen every quarter of last year compared to the same period in 2019.

In the United States, summer travel searches of people aged 60 and over, the first groups to get vaccinated, climbed more than 60% in February and March.

Airbnb has seen “steady improvement” in Europe, leading the UK and France, where some travel restrictions have been lifted, with “strong” domestic travel bookings.

“We have seen significant interest in summer travel to Europe, particularly in areas such as non-urban destinations in the UK,” the company said.

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Airbnb’s total revenue rose 5% to $ 887 million in the first quarter, from a 22% decline in the fourth quarter, with total losses rising to $ 1.17 billion as the company paid off loans contracted to overcome the pandemic.

“There has been an increase in stays around the world, with more groups and families vacationing together, moving from popular tourist spots to more isolated rural retreats,” said Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown.

“Customers are also staying for much longer periods of time and this trend could help reduce the number of complaints from neighbors about loud weekend revelers, which has plagued the business in recent years.”

The company said it expected second-quarter revenue to rebound to pre-pandemic levels, but said there was uncertainty in the second half, given the development and the spread of mutant strains of Covid-19.


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