Airbnb and Vrbo are overloaded with reservations

By Paul R. La Monica

Travel sites Airbnb and Vrbo are reporting a boom in online reservations. Vrbo, which stands for Vacation Rentals by Owner, is said to be off to its best start in a quarter century. Shares of rival Airbnb are up more than 20% this year, following the company’s successful initial public offering in 2020.