“Travel is coming back and we are laser-focused on preparing for the travel rebound," he said in a written statement. At the depth of the pandemic, Airbnb forecast revenue for 2020 would be less than half of what it was in 2019. Airbnb is expecting to see a regional travel rebound this year. In the report, Airbnb said survey data showed 54% of respondents expect to travel this year. Research firm Morningstar also anticipates a travel rebound in the second half of 2021, and a full recovery by 2023.

Source: Mint February 25, 2021 23:48 UTC