Airbnb IPO and the impact of emerging trends in short-term vacation rentals
Despite being battered by the pandemic, short-term rentals on vacation homes have surged. While traditional hotels and vacation clubs seem to struggle to keep their doors open, companies such as Airbnb, Luxury Retreats, and HouseTrip are receiving more interest and bookings. Sparse finances mean fewer people travel overseas for vacation and choose instead to stay within their local environment. The health implications of staying in public spaces such as hotels and cruises have also made people evaluate their vacation plans.Q3 2020 hedge fund letters, conferences and moreThe global pandemic has...