Airbnb usage is projected to fall 60 percent to 17 million US users this year, according to a report by eMarketer.
The short-term rental service site experienced negative user growth as a result of the COVID-19 pandemic. In 2019, the homeshare platform logged 42.2 million users.
"Airbnb has seen a significant decline in users because of the pandemic," said Eric Haggstrom, eMarketer forecasting analyst at Insider Intelligence. "However, it is expected to outperform the travel industry as some people will continue to travel."
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