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Data: Airbnb; Map: Danielle Alberti/Axios

The most popular locations for people and families renting homes for 28 days or longer are — so far — all places that offer a beautiful escape from the heat during the summer, according to data from Airbnb.

The state of play: Destinations topping the list this summer are clustered in Vermont, Maine, Colorado, and upstate New York. Expect that list to migrate south to Florida and New Mexico as winter arrives. (One thing the top destinations have in common: A lot of open space).

Go deeper

Ina Fried, author of Login
Dec 11, 2020 - Economy & Business

Airbnb value tops $100 billion in Wall Street debut

Illustration: Aïda Amer/Axios

Shares of Airbnb reached the stratosphere as they began trading on Thursday, doubling their IPO price before closing the day at nearly $145 apiece.

Why it matters: The high-flying price means that Airbnb is now valued at more than $100 billion, but also increases the pressure on the company as the U.S. heads into a potentially deeper struggle with the coronavirus.

Updated Nov 11, 2020 - Politics & Policy

The latest: Biden's Georgia win

Expand chart
Data: AP; Note: AP has called Arizona for Biden, but ballots are still being counted and not all organizations have called it yet. Chart: Naema Ahmed, Andrew Witherspoon, Danielle Alberti/Axios

President-elect Joe Biden's projected Georgia win will give him 306 electoral votes over President Trump — virtually matching Trump's margin over Hillary Clinton in 2016.

The latest: Trump has not yet conceded after Biden surpassed the 270 electoral vote threshold needed to capture the presidency. Instead, his legal team, led by Rudy Giuliani, has been spinning baseless conspiracy theories and throwing out evidence-free accusations of fraud.

Felix Salmon, author of Capital
Dec 10, 2020 - Economy & Business

The limits of Airbnb's rebound

Data: Edison Trends; Note: Indexed to 100 = highest weekly spend at Marriott; Chart: Axios Visuals

While Airbnb is surging on the stock market, its fundamental business might not be quite as healthy as I thought back in September, when an Edison Trends report showed consumers spending 86% more money with the company than they did during the same week of 2019.

Why it matters: Edison Trends strips out any transactions over a certain amount — in this case, $30,000. There are still outliers near that amount, however, — very expensive rentals for multiple months, perhaps — that can skew the aggregates. When the company went back to re-run its data with a different cohort of users, the difference between 2019 and 2020 largely disappeared.