Airbnb optimistic to begin recovery in 2021

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the pandemic of COVID-19 continues to hit the industry hard sightseeing, as well as derived sectors. Among these are rental companies and platforms such as Airbnb, a company that expects a significant recovery in 2021. Although it will take time to return to previous levels, this year will be crucial to take the first steps forward.

In the particular case of Airbnb, the company registered millionaire losses last year. Her revenue plummeted to 30%, while she was forced to cut as much as a quarter of her plant's staff. Restrictions on mobility and the stoppage of tourism shook the Californian company.

Even though the stage is still challenging, Airbnb looks optimistically at what remains of 2021. The firm is convinced that this year there will be a significant rebound in tourism activity and mobility.

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Airbnb projections

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The executive director of Airbnb, Brian chesky, said he was convinced that 2021 will be friendlier than the previous period. Therefore, he assured that the priority is to prepare for this reactivation of mobility, the sightseeing and reserves, to take advantage of all the opportunities.

"With good weather, trips will be made again, and we must be prepared for this rebound in activity," he said in statements collected by trade.live.

In this sense, it seems that Airbnb you are doing things in a good way to speed up your Recovery as soon as the industry shows signs of improvement. For example, the value of its shares rose 16% last Friday after it was revealed that the company is prepared to capitalize on the revival of travel, rentals and derivative services.

"We think Airbnb It is the best travel asset, and we like the fact that the cost reduction has put the company in a better position to face the recovery in the travel industry, ”said Jeffeneries.

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The vaccine will give certainty, he says.

In a letter to shareholders, Airbnb He recalled that several countries are in the middle of the vaccination campaign. The distribution of the drug over the next few months will lay the groundwork for the adoption of a more flexible 'new normal'.

In this sense, he said that one of the sectors that will suffer the most from the impact of the recovery will be travel and rentals. In his opinion, people want to feel again the pleasure of traveling and discovering new destinations.

"As the vaccine is rolled out and restrictions are lifted, we expect a significant rebound in travel," the company said in its statement.

Airbnb is a company founded in 2008 that grew dramatically in the following years, establishing itself as the most important rental platform in the world. Currently, the firm has operations in more than 220 countries, as well as having a better valuation than companies like Uber.

What do you think of the Airbnb projections? We read you in the comments area.

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