How Airbnb Pulled Back From the Brink

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The pandemic brought tourism to a halt. Then Airbnb noticed a shift that might have saved its business. People were booking millions of rentals close to home.

In May, after fighting to keep Airbnb Inc. from the brink of collapse, Chief Executive Brian Chesky started noticing signs of life in part of his business.

Urban residents were searching for vacation rentals in neighboring towns and cities, so they didn’t have to fly. People wanted to book entire homes, meaning Airbnb could gain from travelers shunning hotels and their shared spaces.

 

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Has a long time Airbnb host, I’ve certainly noticed the cut back on expenses. You can’t get any help with anything at all these days. They used to be so responsive.

They were able to act quickly and without question made decisions that benefited all stakeholders.

Although I'm not a fan of Airbnb to use aabd it's affects on rental markets and hosts neighbours, I have to say, this was a great response to their market and employees. Well done.

More like newly homeless families are turning to Airbnb

Still waiting on $1,900 when I cancelled for the covid risk in Texas. I had a doctors note. I asked for a partial refund and the host and Airbnb and AirbnbHelp said no. I lost all family vacation money. They are the only company making us fight for a refund.

Did you at all bother to see how many people that cretin has scammed out of refunds? Airbnb profited over the pandemic!!! Guests all over the world were bilked out of legitimate refunds!! They ignore customers! airbnb What a rubbish piece of journalism.

and this is why timely changes help. airbnb BusinessStrategy

I stress this to each team I work with ➡️ Your customer data, if done right, will point out your OPPORTUNITIES and OBSTACLES Business BusinessInsights

did they read that off a motivational poster?

Their IPO will be interesting. Not sure investors believe the outlook....allwell and good to tighten the belt but they carry alot of debt and the world seems chaotic

too many fee’s!!

Well, it's not worth going out of state so needing a place to stay won't be in demand

how many replies to this story r you gonna hide lol

didn't someone bail them out

I thought he almost died at an Airbnb and I was really excited to read it for a second there

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Noticed? This was right place, right time, that's it. Airbnb benefited from disruption in the travel industry and a shift from the hotel segment.

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And, they refused to allow anyone to cancel once borders were closed. I booked a trip to Mx for this December a year ago, before the pandemic. With no vaccine in sight, and safety of air travel still uncertain, Airbnb still refuses to give me a refund for the upcoming trip/Beware

Death to Airbnb

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