Airbnb and Vrbo are overloaded with reservations
By Paul R. La Monica
CNN – After a year of confinement at home during the COVID-19 pandemic, many Americans are drawing inspiration from Nominated for induction into the 2021 Rock and Roll Hall of Fame The Go-Go.
“Vacation, everything I’ve ever wanted. Vacation, had to move away.
Consumers clearly want to start traveling again, especially as more adults are vaccinated.
“We’ve had a phenomenal recovery,” said Vrbo President Jeff Hurst in an interview with CNN Business. “We could see a real boom in leisure travel. “
An upsurge in vacations could lift all the boats in the area. Hurst, who is also Expedia’s co-head of marketing, said the company’s many other brands, including Hotels.com, Travelocity, Orbitz and Hotwire, are also starting to rebound.
“More and more people are looking for central urban destinations that have been argued during the pandemic. People are interested in going back to Las Vegas, ”said Hurst, adding that there is now a certain degree of freedom that people who have previously received coronavirus vaccines now feel.
“People will start to book more flights and hotels and resorts will make a big comeback,” he said.
But there will also be people who will want to drive a few hours to get to a rental house in the woods instead of flying to a beach or hill station and staying in a fancy hotel.
Hurst said that Vrbo, which was founded in 1995 as Vacation Rentals By Owner, is having its best start to a year in a quarter of a century in the United States, adding that people are also starting to book trips from. been much earlier than usual.
Hurst de Vrbo said that another trend he is seeing is the rise of so-called “flexcation”. More and more people are willing to be away for longer periods.
The growing trend towards working from home and the availability of virtual education make it more desirable for people to be away from home for several weeks… even months.
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