Airbnb Gift Cards For Airbnb 2020 is already the wildest year in the company's history. Founder and boss Brian Chesky was already working on the documents for an IPO in March when the corona pandemic and the subsequent implosion of tourism around the world ruined his company's business for a few months.

For most hoteliers Airbnb represents more of a threat than a role model. In its twelve years of existence the Californian company has reshaped the world of travel like no one ever before. Indeed by introducing a new type of accommodation namely short-term rentals from person to person the co-founders of Airbnb have challenged some of the age-old principles of the hotel business. By reversing this paradigm they have sent a shockwave through the hospitality sector that has forced even the sturdiest establishments to second guess their entire strategies.

Perhaps unexpectedly short-term rental bookings started a sharp rebound in June significantly outperforming the weaker rebounds in hotel bookings and airline travel. Suddenly Airbnb went from being a beleaguered travel name to having a product that was in high demand.

The fear of Covid has further intensified the trend which was already visible in advance of booking individual rooms instead of entire apartments. Airbnb doesn't have much in common with the room rental of yore. Instead so-called “staycations” and stays over several weeks characterize the platform.

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