Author: Bijan Stephen
Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images
The travel industry is in shambles. Now that going places has become very ill-advised at best and contagiously fatal at worst, travelers are staying at home. That’s meant the businesses that make up the travel-industrial complex — from hotels to airlines — are cratering. Airbnb, the short-term rental behemoth, had even planned to go public this year. Now that those plans have been foiled and its business is in trouble, the question of what the company needs to do to simply survive the pandemic is paramount.
Yesterday, Bloomberg Businessweek spoke to Airbnb CEO Brian Chesky and published an inside look at what the company is doing to weather the storm. The mood seems grim. “I’m not sure if there’s a more difficult thing that a CEO of a...
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The travel industry is in shambles. Now that going places has become very ill-advised at best and contagiously fatal at worst, travelers are staying at home. That’s meant the businesses that make up the travel-industrial complex — from hotels to airlines — are cratering. Airbnb, the short-term rental behemoth, had even planned to go public this year. Now that those plans have been foiled and its business is in trouble, the question of what the company needs to do to simply survive the pandemic is paramount.
Yesterday, Bloomberg Businessweek spoke to Airbnb CEO Brian Chesky and published an inside look at what the company is doing to weather the storm. The mood seems grim. “I’m not sure if there’s a more difficult thing that a CEO of a...
Continue reading…
Continue reading...