Summary List Placement
Between restrictions to stop the spread of the COVID-19 virus, consumer fears, and an unprecedented economic downturn, many facets of the traditional hospitality sector are struggling, with the American Hotel & Lodging Association reporting that US hotels have lost $46 billion in revenue since mid-February.
Innovative platforms like Airbnb seem to have an advantage amidst the chaos, but the vacation rental powerhouse hasn’t been immune to the turbulence, having laid off nearly 1,900 employees in May and finding that many of its hosts are especially vulnerable.
Despite these challenges, there’s a subset of Airbnb read more ⇒
Source:: BusinessInsider.Com