The Financial Comeback of Airbnb: Lessons in Crisis Budgeting, Investor Confidence, and Scaling Back to Survive
The Impact of the 2020 Crisis on Airbnb’s Financial Stability The onset of the COVID-19 pandemic in early 2020 severely disrupted the global travel and hospitality sector, and Airbnb was no exception. As countries imposed lockdowns and travel restrictions, the company’s booking rates plummeted, leading to unprecedented revenue losses. Reports indicated that Airbnb experienced a […]