Urban Escapees Provide Some Comfort to Travel Industry

Airbnb was supposed to be the hottest public offering of 2020. Instead, the home-sharing giant just cut 25% of its workforce and expects revenue to be less than half of what it was in 2019. WSJ’s Preetika Rana explains what made the company so vulnerable.

Stephanie Swart for the Wall Street Journal

heard Travellers desperate to “flee the coup” Coded language from the Wall Street Journal

heard Markets shall crawl before they run .

heard Grounded. Like every passenger plane in the world.

heard

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