Can Airbnb bank on longer-term stays to sustain itself during a second wave?

Back in March, AirDNA, an online rental analytics company, claimed Airbnb cancellation rates were at around 90%. Others predicted the holiday letting firm wouldn't be able to survive the pandemic. It seemed a reasonable assumption given an estimated 50% of the world's planes were grounded. Spoiler: Airbnb relies on global travellers. On 12th April, the Transport Security Administration (TSA), which checks travellers passing through over 450 airports in the Unites States, revealed only screened 90,510 – or 95% less than...

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