The online home and hotel booking platform Air B & B expects a “travel rebound” in a way we’ve never seen before, after seeing a big jump in holiday bookings, according to the BBC.
In the first three months of the year, US bookings exceeded pre-pandemic levels, while there was a “steady improvement” in business in the UK and France.
Demand for holidays has increased as some countries exit lockdown measures.
Reservation values jumped 52 percent to $ 10.3 billion as customers snapped up long-term residences and rural properties.
In the three months ending March 31, holiday bookings for families also exceeded bookings for smaller groups or individual travelers.
“Although conditions are not yet normal, they are improving, and we expect a rebound in travel, unlike what we’ve seen before,” said Brian Chesky, Air B & B’s co-founder and CEO.
Air B & B also said that vacationers are searching and booking in advance.
Bookings also rose in Britain and France after the announcements by British Prime Minister Boris Johnson and French President Emmanuel Macron to ease the closure restrictions.