Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Jo Constantz

EXPLAINED: Airbnb co founder bets on remote work amid back to office push ed84c847 1030 42da ae11 b7ae7d5d7655 | Vintage Vibes

Home-sharing company Airbnb Inc., initially paralyzed by pandemic lockdowns but revitalized by the recent travel boom, is betting that remote work is here for good.

Stays of 28 days or more — usually by so-called digital nomads who can do their jobs from various locales — now make up about a fifth of Airbnb’s business. And this year, the company made “work from anywhere” permanent for its 6,000 employees, eliminating pay tiers based on a location’s cost of living and allowing staffers to work up to 90 days a year from any region Airbnb operates in.

The company recently published a policy guide for cities and countries that want to lure remote workers, following an example set by Tulsa, Oklahoma, which attracted more than 1,600 people and boosted the region’s economy by nearly $20 million last year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.