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The Latest: US move should mean more Airbnb bookings in Cuba

A loose cable dangles from above as people walk past colonial buildings in Havana, Cuba, Saturday, March 19, 2016. President Barack Obama will visit the island on March 20. During his three-day trip, the first to the country by a sitting U.S. president in nearly 90 years, he will meet with President Raul Castro at the Palace of the Revolution and attend an exhibition baseball game. (AP Photo/Rebecca Blackwell) A loose cable dangles from above as people walk past colonial buildings in Havana, Cuba, Saturday, March 19, 2016. President Barack Obama will visit the island on March 20. During his three-day trip, the first to the country by a sitting U.S. president in nearly 90 years, he will meet with President Raul Castro at the Palace of the Revolution and attend an exhibition baseball game. (AP Photo/Rebecca Blackwell)

By Associated Press March 20, 2016 1 min read

HAVANA (AP) – The Latest on President Barack Obama’s trip to Cuba (all times local):

8:40 a.m.

The U.S. has given the online lodging service Airbnb a special license that allows travelers from around the world to book stays in private homes in Cuba.

Airbnb was the first major American company to enter Cuba after American President Barack Obama and Cuban President Raul Castro declared detente on Dec. 17, 2014.

The online service handles listing, booking and payments for people looking to stay in private homes instead of hotels. Cuba has become its fastest-growing market, with about 4,000 homes added over the last year.

Airbnb had only been allowed to let U.S. travelers use its services in Cuba under a relatively limited U.S. exception to a trade embargo. That limit has been lifted.