Search results for “Airbnb”
Airbnb loses $276 million in Q4, bookings in Beijing drop 96%
03/13/2020|4:56:01 PM|
Airbnb's bottom line turned red in 2019 because it hiked marketing spend in preparation of a public debut this year.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020|10:29:49 AM|
OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Airbnb halts marketing spend in $800M savings plan
03/31/2020|7:32:42 PM|
Airbnb will pay hosts $250 million to partially cover the cost of coronavirus cancellations.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Airbnb hosts in China are “confident” about market recovery
03/30/2020|3:36:39 PM|
Of the hosts with positive sentiments, 72% say they plan to maintain or increase their Airbnb hosting activity.
Airbnb makes prepayments to help landlords in China
03/31/2020|6:48:41 PM|
Landlords usually receive payment one working day after a tenant moves in, but Airbnb will pay half of the amount due in advance.
Airbnb ordered to pay back booking fees, cost could add up to €200M
03/12/2020|7:10:07 PM|
The district court in Amsterdam said Airbnb was in breach of a Dutch law that forbids middlemen from taking fees from both parties in a transaction.
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