Business View Caribbean | May 2022

3 BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 5 A s flexibility becomes a permanent part of so many company cultures, Airbnb wants to make it easier for workers to take advantage of their newly enshrined flexibility. With more than 6 million listings worldwide, the platform recently launched its “Live and Work Anywhere ” program – an ongoing initiative to continue working with governments and DMOs to create a one-stop-shop for remote workers, and encourage them to try new locations to work, while helping to revive tourism and provide economic support to communities after years of travel restrictions. For the Caribbean region, Airbnb found that: • The share of nights booked for long term stays in Q1 2022 almost doubled compared THE CARIBBEAN JOINS AIRBNB “LIVE ANDWORK ANYWHERE” CAMPAIGN TOWELCOME DIGITAL NOMADS TO THE REGION to the same period in 2019. • In Q1 2019, almost 6% of all bookings were for long term stays, while in Q1 2022 this percentage reached almost 10%. • The number of nights booked for long term stays tripled in Q1’22 compared to Q1’19. With this being said, Airbnb and the Caribbean Tourism Organization (CTO) have partnered to promote the Caribbean as a viable destination to live and work anywhere, through the launch of their “Work from the Caribbean” campaign. This Campaign is designed to highlight and promote the various destinations through a landing page that provides information on digital nomad visas for each respective country, and also highlights O p e n i n g L i n e s