Airbnb Report on Travel and Living

Before the COVID-19 pandemic, travel and tourism represented more than 10 percent of the global economy, powered by 56X growth in international travel from 1950 to 20192. But as travel boomed, so much of it became the same — all the same places at all the same times. Then in 2020, it came to a halt. International arrivals sank to their lowest level in more than 30 years. As pandemic restrictions gradually lift and travel restarts, it’s looking different. We're shifting from traveling at all the same times to all the same old places, to many of us living anywhere, at any time, for however long. This isn't a temporary reaction to these many months of restrictions and isolation — it’s a step toward a world in which living and traveling are one and the same.