Airbnb has said it is getting ready for a significant travel recovery as the world prepares its course out of COVID-19 pandemic.
However, the firm also said that it was still “too soon” to foresee how the business would progress this year.
Airbnb revenue dropped 30% in 2020 to $3.4bn (£2.4bn), as COVID-19 lockdowns held several people back from traveling.
The firm said it has just seen a more modest decrease in travel this year than over the most last three months of 2020, when revenue was down 22% year-on-year at $859m. This was still more promising than most had expected, given the resurgence of COVID-19 cases and new lockdowns in several regions.
Airbnb, which is available in excess of 220 nations, said individuals around the globe are traveling all the more locally during the pandemic – yet insufficient to compensate for the loss of business from international travel.