Home
Forums
New posts
Contact Us
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Search All
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Contact Us
Menu
Log in
Register
Install the app
Install
Forums
Really good
Travel
What a Shrinking Airbnb Could Mean for the Future of Travel
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 2332" data-attributes="member: 1"><p><a href="https://www.frommers.com/blogs/arthur-frommer-online/blog_posts/what-a-shrinking-airbnb-could-mean-for-the-future-of-travel" target="_blank"><strong>What a Shrinking Airbnb Could Mean for the Future of Travel - Frommers</strong></a></p><p></p><p><strong>Like every other travel company, Airbnb was hit hard by the pandemic.</strong></p><p></p><p>In May, CEO Brian Chesky <a href="https://www.cnbc.com/2020/05/06/can-airbnb-survive-the-coronavirus-pandemic.html" target="_blank">admitted</a> that the company’s future was in doubt this spring. Airbnb reacted by cutting 25% of its workforce, canceling $1 billion worth of marketing campaigns, and refocusing on rural properties that were away from traditional tourist hot spots and therefore better suited for social distancing.</p><p></p><p>It seems clear now that Airbnb will survive. But the company's rental properties may not be everywhere in the future, as they seemed to be just several months ago. That’s not only because of the pivot to distanced locations but also because some destinations are using the pandemic to reengineer their tourism industries, pushing out Airbnb in favor of affordable housing for locals.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2332, member: 1"] [URL='https://www.frommers.com/blogs/arthur-frommer-online/blog_posts/what-a-shrinking-airbnb-could-mean-for-the-future-of-travel'][B]What a Shrinking Airbnb Could Mean for the Future of Travel - Frommers[/B][/URL] [B]Like every other travel company, Airbnb was hit hard by the pandemic.[/B] In May, CEO Brian Chesky [URL='https://www.cnbc.com/2020/05/06/can-airbnb-survive-the-coronavirus-pandemic.html']admitted[/URL] that the company’s future was in doubt this spring. Airbnb reacted by cutting 25% of its workforce, canceling $1 billion worth of marketing campaigns, and refocusing on rural properties that were away from traditional tourist hot spots and therefore better suited for social distancing. It seems clear now that Airbnb will survive. But the company's rental properties may not be everywhere in the future, as they seemed to be just several months ago. That’s not only because of the pivot to distanced locations but also because some destinations are using the pandemic to reengineer their tourism industries, pushing out Airbnb in favor of affordable housing for locals. [/QUOTE]
Verification
Post reply
Forums
Really good
Travel
What a Shrinking Airbnb Could Mean for the Future of Travel
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top