Airbnb Bookings Bounce Back, While Hotels Are Still Hurting
Short-term rentals are proving attractive to travelers
In July, Airbnb crossed the 1 million threshold for nights booked for the first time since March.
Airbnb
After months of cancellations and depleted future bookings, the strain of which led Airbnb to lay off 25% of its workforce, Airbnb saw a sign for hope in July: The platform surpassed 1 million booked nights in a day for the first time since the first week of March.
