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Airbnb retained its position as the world’s leading lodging provider in 2024; however, its sales are heavily reliant on a handful of markets. In order to maintain momentum, Airbnb will need to expand its geographical footprint, with Asia Pacific being a priority. Airbnb has announced it will be re-entering experiences, and has stated that it is looking at expanding into further categories. This company profile will look at which categories they might be, and which have the most potential.
The impact of Coronavirus (COVID-19) and the measures taken to contain its spread on travel and tourism have had an adverse effect on travel intermediaries. Positioned as a convenient one-stop location for busy modern consumers to book all aspects of their trips, travel intermediaries suffered from the negative impact of the pandemic on all areas of travel and tourism. Even as domestic tourism began to see signs of recovery, travel agencies with a focus on outbound tourism continued to struggle.
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