Airbnb, Short Term Rentals: Layoffs And Widespread Cancellations As Europeans Start Planning Holidays

It’s a mixed picture of dismay and hope with Airbnb announcing the layoff of 25% of its workforce and a new survey on short-term rentals reporting more than a 76% increase in cancellations for spring and summer, at the same time of an early surge of bookings for European holidays as the continent continues to ease lockdown restrictions.

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