Airbnb says it has adapted to changing travel patterns, with people heading to smaller towns and cities rather than tourist hotspots.
While some hosts in major European city destinations plan to return to Airbnb when tourists come back, others have left the holiday let business for good. “Before the pandemic, renting in Venice had become almost impossible for normal people,” Marco Gasparinetti from residents’ rights group Gruppo 25 Aprile told Reuters, blaming short-term lets for pushing up prices. The city of 60,000 residents is normally visited by 20 million tourists a year.
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