Business View Caribbean | Volume 8, Issue 12

10 BUSINESS VIEW CARIBBEAN VOLUME 8, ISSUE 12 While technologies like Zoom make it possible to work from home, Airbnb is making it possible to work from any home— and ultimately, to live anywhere guest nights in these places have been for long-term stays. • In the past year, more than 100,000 guests have stayed continuously on Airbnb for at least three months. Pent-up demand: As countries around the world start to loosen their travel restrictions, we’ve been seeing sudden increases in interest in these countries. For example, in the US, which historically is the largest inbound travel market in the world: • During the week following the October 15 announcement of the November 8 reopening date, nights booked by foreign guests for stays starting November 8 increased by 44 percent. • As of this week, starting on November 8, Hosts in more than 4,000 different destinations across the US including Puerto Rico will welcome inbound foreign guests. After so much time spent apart from loved ones The Live Anywhere Revolution on Airbnb The ways guests are using our platform as parts of the world begin to emerge from the pandemic support these findings: People increasingly are living on Airbnb: • From July to September, 20 percent of our nights booked were for stays of one month or longer. Guests this year are spending more on these longer stays now than at any point in Airbnb history. • In 200 destinations around the world, people already are living on Airbnb: 30 percent of

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