Good News for Airbnb: Travel Restrictions Are Easing
As a global facilitator of travel, Airbnb (NASDAQ: ABNB) was devastated by the onset of the pandemic. Understandably, one of the last things people wanted to do was get on board a crowded airplane and remain there for several hours.
Fortunately, effective vaccines against COVID-19 have been developed and are being administered at a rate of millions of doses per day. That's giving people the confidence to travel again and governments the confidence to loosen their rules. Recently, the U.S., England, and Singapore, among others, have eased restrictions for travelers who are fully vaccinated against the novel coronavirus.
Source Fool.com
