Huge Demand From Nomadic Workers

Remote work has been one of the rare benefits of the pandemic, and now nomadic workers are extending their stays for weeks, sometimes months at a time. According to Airbnb, the company saw an increase of 16% in stays over 28 days or longer (February/March 2022) compared to the same period in 2019.

A staggering statistic shows that one in every five nights booked on the Airbnb platform during Q3 was for a stay of 28 nights or longer.

This scenario helped Airbnb make over 55 million dollars in profit last quarter, suggesting the travel industry is finally bouncing back after two years of upheaval.