DEBRA Cumming, CEO of Century 21 Heave-Ho Properties Limited, a real estate company, shares that 2021 was a year in which AirBnB, the short-stay vacation experience which allows property owners to profit from vacation rentals, “did fairly well due to the fact that many hotels were closed and many people coming into the country who needed to quarantine used it for this purpose.”

And, in more recent times, Cumming opined, “The AirBnB market has become quite suffocated with beautifully furnished apartments. They are giving the hotels a lot of competition.”

 

AirBnB is a shortened version of its original name, AirBedandBreakfast.com.

 

The communications arm of AirBnB informed the Jamaica Observer that globally there was a 20 per cent uptick, year over year in vacation stays in 2021.

 

The company cited the remote work factor which developed after COVID-19’s advent as a major factor, also projecting that it will continue to be a source of travel “as people find it increasingly possible to work from remote and even exotic locales”.

https://www.jamaicaobserver.com/business-observer/airbnb-reports-longer-stays_245214