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Travel and tourism is (was) greatly affected by the global pandemic caused by the rise of COVID-19. Billion to trillion dollar investments and revenues from international travel and tourism are dipping and many sectors of this industry have gone mass lay offs or faced closure.
Airbnb is a travel companion mobile apo and website that ease the travelers woe in looking for immediate and affordable room or space while traveling in another country.
Sadly, Airbnb is also one of those sectors badly hit by COVID-19.
“It took us 12 years to build Airbnb, and we lost almost everything in four to six weeks,” said Airbnb CEO Brian Chesky in an interview on CNBC Airbnb was supposed to and was preparing to go public this year, and now that is up in the air.
Chesky also noted that Airbnb faces an uncertain future due to fears of outbreaks that are already being experienced around the world, adding, “Tourism as we knew it is over. I don’t want to say that the journey is over, but rather that the model we knew has died and will not return. We are going to get in our cars, drive a few kilometers to a small community and stay in a house.
The CEO noted that at least in the United States, Airbnb is already recovering, although it does not want to have “false hopes and that its company is not absolutely out of the woods”.
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