Post by High Priestess on Jun 17, 2017 15:06:27 GMT
Shortly after Obama opened Cuba up to American travelers, Trump is shutting things back down again -- which is problematic for Airbnb which had exploded in growth there:
Although Cuba certainly isn’t Airbnb’s largest market, it has become its fastest growing one, with Fortune writing last year that the company “made Cuba a priority, jumping through legal and travel-visa hoops, building software work-arounds for web access, and bringing casas particulares (a type of private rental) owners into the Airbnb fold.”
The company has touted its success on the island. Two weeks ago, Airbnb released a report saying $40 million had been paid for rentals over the past 2 years. An average of 70,000 Airbnb guests were arriving on the island every month, and the report noted the service’s popularity among US visitors specifically. “In 2017 so far, Cuba has been the 9th most popular destination country on Airbnb for US travelers, more than Australia, Germany, the Netherlands or Thailand,” the report said.