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Airbnb revenue tanked 67% in second quarter

23 pointsby xoxoyalmost 5 years ago

3 comments

sushshshshalmost 5 years ago
To be honest this depresses me a little bit because I would like to see more houses (and maybe apartments) become available on a month to month&#x2F;daily basis rather than having to sign a traditional year long lease.<p>The prices are all obscene right now, just way too high, no matter the time frame. The industry is still ripe for disruption if not destruction of existing norms that will benefit consumers.
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medymedalmost 5 years ago
Alternatively, ‘AirBnb revenue kept at 33% of prior level during worldwide pandemic with far-reaching intranational and international travel bans’
thehappypmalmost 5 years ago
Wow. I know lots of people -- myself included -- who escaped the city for an AirBnB. If you&#x27;re working remotely and have a little cash to burn, why live in the city, when you can live in the mountains or by the beach for a little while? But I suppose the overall decline in the travel industry far, far outweighed that possible bump.
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