Jun 25, 2019

Airbnb doubles down on luxury vacations

Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Airbnb, the company whose brand is synonymous with budget-friendly home-sharing accommodation for travelers, is debuting a luxury rental tier on its marketplace, it told the New York Times Tuesday. The 2,000 properties have been selected from Luxury Retreats, which Airbnb acquired in 2017.

By the numbers: Airbnb saw a 60% increase in the past year in bookings that cost $1,000 or more a night (though it's unclear what portion of the company's overall business they make up).

Go deeper: Airbnb wants to go mainstream

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Serological coronavirus testing could be key to economic reopening

Illustration: Sarah Grillo/Axios

America's economy won't reopen anytime soon, despite frantic CEO whispers, but a glimmer of hope may be emerging in the form of serological testing.

Why it matters: Serologic tests aren't to determine whether or not you're infected with coronavirus. They are to determine if you have potential immunity that could allow you to safely return to work.

Government tech struggles to dole out coronavirus stimulus cash

Illustration: Eniola Odetunde/Axios

Tech challenges are hampering federal and state government efforts to get funds from the $2 trillion coronavirus relief law into the hands of newly unemployed workers and struggling small businesses who need it.

Why it matters: Many businesses and individuals need the money now for essentials, including meeting payroll and paying rent.

U.S. coronavirus updates: Death toll passes 9,600

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 9,600 in the U.S. on Monday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday the coming week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

Go deeperArrowUpdated 3 hours ago - Health