Airbnb bookings were seen to be cut by more than 40 percent due to the Covid 19 pandemic in 2020, but were seen to bounce back remarkably well in 2021 and 2022. Driven by the strong uptick in international travel in 2022, Airbnb received bookings more than double compared to 2020 and last year, as the number of nights and experiences booked through the platform surpassed its pre-pandemic extreme. Viewing the gross booking value, Airbnb's performance in 2022 was even more impressive as it exceeded 2019 levels by more than 66 percent, all thanks to average daily rates that were considerably higher last year than they were in 2019.

