I've seen this rhetoric only in tech circles that people are "moving back to hotels," and I don't understand it. Last time I checked, hotels still don't offer kitchens. Hell, most of them, disgustingly, don't even provide a toilet brush. A hotel is not an alternative to staying in a fully furnished home with complete amenities.
Isn't the reason Airbnb bookings are down because interest rates are sky-high worldwide to combat inflation? Travel, in general, should be down if the reserved banks worldwide are doing their job.
Isn't the reason Airbnb bookings are down because interest rates are sky-high worldwide to combat inflation? Travel, in general, should be down if the reserved banks worldwide are doing their job.