Inflation and higher living costs may be weighing on consumers' wallets, but there's one area where many are unwilling to cut back: their desire to travel.
"We are now growing strong and getting back to — or even exceeding — 2019 levels," she said of the travel sector.
More than a quarter of consumers said that finding atypically low travel prices was their top travel criteria this year — a trend identified by only 15% of the industry. "But because it's more expensive, they want to make sure they make the most of it," she said, noting that many guests are now opting for longer stays when they do travel.
Airbnb has also seen an increase in people using the platform to supplement their incomes, with private room listings up by 30% over the year. Overall, 40% of those with listings said hosting helps with their costs of living, said Kathrin Anselm, a general manager for Airbnb.Consumers' enthusiasm for travel has helped the industry's recovery following years of restrictions.
Lmaoooo Biden’s unity