Airbnb is buying trust during the COVID-19 travel slowdown
https://techcrunch.com/2020/04/10/airbnb-is-buying-trust-during-the-covid-19-travel-slowdown/
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Airbnb’s recent moves in the wake of a global travel slowdown are interesting and worth understanding in chronological order. What it details is a company spending heavily today to keep up its future health. Demand will return to the world travel market in time — how much, no one knows — and Airbnb wants to be a well-liked participant in the return to form.