Airbnb launched a plethora of new services on Tuesday, including a translation tool and enhanced insurance for hosts, as COVID-19 restrictions are eased, bringing more people to the company's home-rental app.
Airbnb will be able to leverage on a pandemic-driven change in customer demand towards non-urban areas and alternative accommodations with the new capabilities, which are focused on increasing cross-border travel and longer stays.
Over 100,000 guests stayed on Airbnb properties for at least three months in the past year, according to the company.
As global searches for pet-friendly listings increase on its site, its "AirCover" insurance will provide hosts with security against pet damage.
The company's translation engine, which will be available later this year, will be able to convert listing descriptions and reviews into 60 languages, allowing it to capitalize on the resurgence in cross-border travel.
On Monday, months of pent-up demand caused a massive surge in bookings to the United States, as the country eased pandemic-related travel restrictions established in early 2020.
According to Airbnb, overall cross-border travel has steadily increased to 33% of gross nights booked in the third quarter, up from 27% in the second and 20% in the first.
According to Airbnb, the top locations for inbound foreign travel to the United States as of Nov. 8 are Los Angeles, Miami, and New York.