Work From Home Becomes Work From Anywhere - MBrew

WORK Work From Home Becomes Work From Anywhere Francis Scialabba In what is believed to be a Morning Brew first, we're going to lead today's newsletter with an earnings report by an RV company—Thor Industries, to be specific, which makes Airstream and other brands.  Tl;dr: It's a grand time to be an RV company.  "Despite this being one of the most unusual quarters I have ever experienced," CEO Bob Martin said, "I am pleased to report that we were profitable and generated positive net cash from operations."  "One new trend we are seeing is an evolution from 'work at home' to 'work from anywhere' as RV buyers use their new RVs as their office wherever they are, or wherever they want to be."  Thanks for the transition, Bob Many white collar workers, freed from the confines of their office, are realizing they don't actually have to work from their literal home, either. And their wanderlust is giving a boost not only to RV companies, but to vacation rental platforms that were decimated by lockdowns. Take Airbnb, which cut 25% of its workforce last month. Now, it says more U.S. listings were booked between May 17 and June 3 this year than the same period in 2019.  "Work from home is becoming work from any home," CEO Brian Chesky told Bloomberg, adding that Airbnb has more listings now than before the pandemic. The surprising rebound in demand means Airbnb is not ruling out an IPO this year—something that seemed inconceivable in April.  What do companies think? There doesn't seem to be a true consensus yet. Some Silicon Valley heavyweights like Twitter have embraced the "work from anywhere" approach. Others, like Cisco, are slowly bringing employees back to the office, albeit with elaborate tech to keep them safe. Embrace debate: Portfolio manager and Bloomberg Opinion columnist Conor Sen writes RVs are the "new commercial real estate." Do you agree?