At Airbnb, the length of stay is increasing. In 2019 at this period of time, 14% of bookings were longer than 28 days. Now, 24% of Airbnb nights are longer than 28 days.

Year-to-date, $312 billion of registered equity offerings through IPOs, SPACs and follow-on deals came to market in the U.S. That figure exceeds the total annual average of $290 billion that came to market in the U.S. over the last decade.

Between March and May last year, commercial real-estate prices fell 11%. Prices since July have increased 7%, erasing more than half their pandemic declines. That turnaround stands in sharp contrast to the 2008 financial crisis, when commercial real-estate prices in the U.S. fell 37%.

The leisure and hospitality sector, including restaurants, added 331,000 jobs in April, accounting for much of the country’s job creation last month. Commerce’s Friday report showed sales at restaurants and bars in April were just 2% lower than their levels in February 2020, just before the pandemic took hold in the U.S.

The recovery of hotel demand is exacerbating the industry’s ongoing labor shortage, leading companies to explore new ways of recruiting employees to their hotels, including the possibility of paying them at the end of their shifts.

Special-purpose acquisition companies (SPACs) shattered records in 2020, with 250 companies collectively raising $75.1 billion, compared with 2019, when 53 SPACs raised $11.1 billion.

Credit-card spending in the U.S. totaled nearly $3.9 trillion on general-purpose and store cards last year, down 9% from 2019.

Last year was a banner one for the mortgage business. Lenders originated a record $3.83 trillion in home loans in 2020, according to the Mortgage Bankers Association. This year, total originations are expected to fall to $3.3 trillion, a 14.2% decline. Still, at that level, 2021 would rank among the best years on record.

Energy-inefficient buildings will need to be upgraded if countries are to meet net-zero commitments. Although commercial real estate is less of a problem than residential, it will likely be targeted earlier as its ownership is less fragmented and less politically sensitive.

Jobless claims fell below 500,000 last week for the first time during the pandemic as layoffs decline and hiring accelerates.