Business View Caribbean | Volume 8, Issue 12

11 BUSINESS VIEW CARIBBEAN VOLUME 8, ISSUE 12 due to lockdowns and travel restrictions, we’re also seeing greater interest in holiday travel over 2019: • As of the end of September, we had over 40 percent more nights booked for Thanksgiving week in the US than at the same time in 2019. And we’re seeing this strong demand extend into 2022: • As of the end of September, we had over 50 percent more nights booked for stays 12 months out than at this time in 2019. • Long-term stays are our fastest-growing category and family trips are our fastest- growing trip type. • In our 7,500-sample, five-country survey, interest in travel overall is high, with more than two thirds (71 percent) saying they are currently booking or considering travel within the next year. Cross-border travel: Even before the latest announcements about lifted border restrictions, we were seeing recovery in both longer-distance and cross- border travel: • Overall, cross-border travel has been increasing steadily throughout the year, from 20 percent of gross nights booked in the first quarter, to 27 percent in the second, to 33 percent in the third. • For October 2021, cross-border travel gross nights booked hit approximately 80 percent of levels from October 2019. To meet the needs of travelers according to these new trends, Airbnb launched: AirCover - Top-to-bottom protection. Free for every Host. Only on Airbnb. Translation Engine - The most advanced translation technology ever offered to our community. Accessibility Review - Every photo of accessibility features submitted by stays Hosts is reviewed for 100% accuracy. I’m (even more) Flexible - Search for more unique homes up to 12 months in advance. Verified Wifi - Our new speed test tool verifies the speed of the Wi-Fi in a listing. Smarter Trips Tab - A redesigned Trips tab with all your must-have travel details. Ask a Superhost Expansion - Connects new Hosts to a Superhost in their area for 1:1 help. About Airbnb Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed 1 billion guest arrivals in almost every country across the globe. Every day, Hosts offer one-of-a-kind stays and unique Experiences that make it possible for guests to experience the world in a more authentic, connected way. OPENING L INES