Airbnb Bookings Increased by 55% in 2021
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Airbnb is an American accommodation marketplace pioneer founded in 2008.
Airbnb functions as a broker for property owners who wish to rent out rooms, houses, apartments, and so on for a specific period.
According to Business of Apps, in 2021 there were 300 million Airbnb accommodation bookings worldwide. This figure surged by 55.4% from the previous year.
In 2020, Airbnb accommodation bookings decreased by 29% to 193 million bookings, in line with the emergence of the Covid-19 pandemic which restricted tourist travel.
Airbnb's main market generally consists of travelers who only stay a few days in a place and do not prioritize luxurious hotel room amenities.
From the supply side, Airbnb claims to not experience difficulties, as many property owners are willing to rent out their properties to supplement their income.
(Read Also: Charging Rates Up to Rp 2.1 Billion Per Night, These Are the 10 Most Expensive Hotels in the World)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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