A few key insights from the latest Airbnb financials about global traveling trends.
This shows that the traveling industry is not only at the pre-pandemic level but has also passed it!
Some core trends:
- Remote work, long-term stays, and de-urbanization: as many knowledge workers keep traveling, they prefer longer stays and might still choose exotic locations outside urban environments.
- Urban and cross-border travel is back in full force. This shows that short-term trip is still skewed toward international travel toward high-density urban destinations.
- New Hosts on Airbnb, which also shows that many hosts are turning into entrepreneurs, able to build a substantial income stream on top of Airbnb. It might also happen due to a weaker job market, where becoming a host becomes an opportunity to make extra income (Airbnb gained traction through the 2008-9 financial crisis).
Read Next: Airbnb Business Model.