Airbnb isn't hiding the risk. The company references Covid or coronavirus 219 times in its prospectus and said that, because of the latest spike, it expects a steeper year-over-year drop in booking volume in the fourth quarter than in the third."The COVID-19 pandemic and the impact of actions to mitigate the COVID-19 pandemic have materially adversely impacted and will continue to materially adversely impact our business, results of operations, and financial condition.
Still, Airbnb has at least shown that, in a world where people are traveling to more remote areas and finding creative ways to work from anywhere, the company has a narrative that's more optimistic than its industry peers. Rather than trying to fill empty hotel rooms or keep middle seats open on planes, "Airbnb's offerings are well suited to adapt to this changing dynamic," the company says.
I really do not like Airbnb. I loved the concept and used them on several trips but found they didn’t measure up against comparable motels, hotels, B&Bs and resorts. But my experience is limited to CA, AZ, NM, TX.
Why wouldn't they? They aren't sitting on huge rents in multi hundred and thousand room hotels that are closed or at fractional capacity.
Aprovecha y mete pal aquí si tienes la cuenta. Van público en poco tiempo. PatrickLausell1