Tag: Airbnb
Airbnb extends no-charge cancellation policy due to coronavirus
Because of the current state of the global coronavirus pandemic, Airbnb has announced updates to its policies that provide reservation cancellations without charge for stays booked in specific areas. Guests who booked reservations through Airbnb in Mainland China, South Korea, Italy and the United States are now eligible to cancel…
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Clobbered by coronavirus econ news? Here’s an in-depth, 90 day rewind
There’s just been a torrent of economic news since the first identification of patients with COVID-19 in Wuhan, China in early December 2019 until the declaration of a global pandemic by the World Health Organization (WHO) yesterday. Investors have fled the public market, more and more companies are teetering on…
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Airbnb and three other p2p rental platforms agree to share limited pan-EU data
The European Commission announced yesterday it’s reached a data-sharing agreement with vacation rental platforms Airbnb, Booking.com, Expedia Group and Tripadvisor — trumpeting the arrangement as a “landmark agreement” which will allow the EU’s statistical office to publish data on short-stay accommodations offered via these platforms across the bloc. It said…
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Oyo layoffs, Airbnb’s delayed IPO and the long-term quandary of investing in travel startups
It’s the best and worst of times for travel startups. Massive growth over the past few decades has made tourism one of the big global industries, covering everything from recreation to business conferences to shopping sprees. But doubts about the future of the industry are growing — and not just…
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Understanding Airbnb’s new, stubborn lack of profits
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re exploring Airbnb’s march to the public markets. The popular DIY hospitality startup promised last year that it would go public in 2020. That timeline means that its…
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