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Is there friction at AirBNB?
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Blitzburgh
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April 13, 2020 - 9:45 pm
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Going back to 2019 the world was wide open for AirBNB at that time they were looking to go public with their IPO and everything seems to be going their direction. Then came the outbreak of the coronavirus in 2020 and the wheels began to fall off the bus. According to this article from Business Insider it is even came to the point of asking the CEO to step down.

https://www.businessinsider.co.....own-2020-4

something that can't be overstated is the anger from the homeowners in the community with the massive cancellations without the opportunity to rebook these stays in the future. There have been thousands of post from people complaining that they were broadsided with this information that they would no longer be able to push these reservations off to the future. To be fair, AirBNB did not have a lot of choice as this was a clear katastrophy for the entire United States. Still given that they were on their way to a $32 Billion IPO this is got to qualify is nothing more then an unmitigated disaster.

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