Chesky

The Results Are In for the Sharing Economy. They Are Ugly.

OAKLAND, Calif. — The coronavirus pandemic has gutted the so-called sharing economy. Its most valuable companies, which started the year by promising that they would soon become profitable, now say consumer demand

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9 mins read

Airbnb Raises $1 Billion to Stockpile Cash in Pandemic

SAN FRANCISCO — Airbnb said on Monday that it had raised $1 billion in new funding as it grapples with devastation from the coronavirus pandemic, and as some technology start-ups take extra

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41 views
5 mins read

How Your Airbnb Host Is Feeling the Pain of the Coronavirus

SAN FRANCISCO — Livia De Felice, who owns two vacation rental properties and manages four others across Italy, has seen all of her bookings for March canceled, leaving her “extremely worried,” she

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30 views
11 mins read