Airbnb, vacation-rental sites see surge in summer demand
It is the first signs of life for an industry that had grounded to a halt in March
Tue, Jun 09, 2020 - 5:50 AM
Airbnb was valued at US$31 billion in its most recent private fund-raising round, though recent debt issuances to shore up its finances have significantly reduced that valuation.
ANTSY city dwellers in the US who are seeking to escape their Covid-19 refuges are road-tripping to nearby vacation rentals in surprisingly strong numbers, showing the first signs of life for an industry that essentially grounded to a halt in March.