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Airbnb benefits from ‘travel recovery’ as bookings and revenue grow

But rental provider warns of uncertainty heading into the autumn due to spread of Covid variants

Tourists from places with higher vaccination rates were “driving the travel recovery”, Airbnb said on Thursday, as it reported strong revenue growth for the quarter.

At the same time, the short-term rental provider warned the “global spread of Covid variants” and inconsistent local regulations could adversely affect the number of bookings for later in the year, putting investors on alert for the possibility of a bookings pullback.

“We do not yet know how willing people will be to travel in the fall as compared to summer,” Airbnb said.

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