Home-sharing has emerged from the pandemic as battered, but with a steady pulse, out-performing hotels in 27 global markets according to ASAP Business Partner STR and the short-term rental analysts AirDNA.

However, occupancy still fell by almost half between mid-March and the end of June while hotel equivalents fell to an average of 17.5% occupancy.

This article interviews Brian Chesky about how Airbnb has fared throughout the pandemic, including laying off a quarter of its workforce in the spring, and changing direction on new ventures such as forays into transportation and entertainment; its valuation falling from $31 billion to $18 billion; people wanting to travel but not simply getting on planes to do so; guests seeking privacy and control over their environment; more than 1 million listings earning “Enhanced Clean” certification; the blurring between travelling and living; the average length of stay since May 1 increasing 58% to more than four days; and overtourism, rising rents and housing shortages.

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