May 13, 2021

Holidays: Airbnb bookings jump as holiday demand soars

Online booking platform Airbnb has said that holiday bookings have soared as some countries emerge from lockdowns. In the first quarter US bookings beat pre-pandemic levels, while there was a "Steady improvement" in business in the UK and France. The overall value of bookings shot up by 52% to $10.3bn as customers snapped up long-term stays and rural properties. Bookings in the UK and France also shot up following announcements by Prime Minister Boris Johnson and President Emmanuel Macron on easing lockdown restrictions. While the online booking platform might have been gaining momentum, others in the leisure industry have been struggling amid the pandemic.

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