Paywall, but even just the headline and first paragraph tell you what you need to know.
And yeah, I don't see how this doesn't completely decimate their business model. The likely coming worldwide recession will see far less spending on travel, not even counting residual behavioral changes re: covid as you mention.
Paywall, but even just the headline and first paragraph tell you what you need to know.
And yeah, I don't see how this doesn't completely decimate their business model. The likely coming worldwide recession will see far less spending on travel, not even counting residual behavioral changes re: covid as you mention.
UPDATE: Non-paywalled article: https://finance.yahoo.com/news/airbnb-mulls-cash-infusion-in...