BartDay
  • Economy
    • Business
    • Politics
  • Cryptocurrency
  • Investing
    • Banking
    • Forex
    • Financial Services
  • Markets
    • Capital Markets
    • Emerging Markets
  • People
    • Consumer & Retail
    • Health
    • Opinion
  • Environment
    • Energy
    • Industrials
    • Manufacturing
  • Technology
    • Learning
    • Auto & Transportation
    • Data
    • Science
    • Telecommunications
  • Featured
  • About
  • Economy
    • Business
    • Politics
  • Cryptocurrency
  • Investing
    • Banking
    • Forex
    • Financial Services
  • Markets
    • Capital Markets
    • Emerging Markets
  • People
    • Consumer & Retail
    • Health
    • Opinion
  • Environment
    • Energy
    • Industrials
    • Manufacturing
  • Technology
    • Learning
    • Auto & Transportation
    • Data
    • Science
    • Telecommunications
  • Featured
  • About
BartDay
BartDay
  • Economy
    • Business
    • Politics
  • Cryptocurrency
  • Investing
    • Banking
    • Forex
    • Financial Services
  • Markets
    • Capital Markets
    • Emerging Markets
  • People
    • Consumer & Retail
    • Health
    • Opinion
  • Environment
    • Energy
    • Industrials
    • Manufacturing
  • Technology
    • Learning
    • Auto & Transportation
    • Data
    • Science
    • Telecommunications
  • Featured
  • About
airbnb app

How Hard Has Airbnb Been Hit By The Pandemic?

  • December 10, 2020
  • 1 minute read
Total
0
Shares
0
0
0
0

Three days before its highly anticipated stock market debut, Airbnb has raised the price range for its initial public offering to $56 to $60 per share, according an updated filing with the Securities and Exchange Commission. Originally seeking a valuation of $44 to $50 per share, this is a sizeable bump for the short-term rental company, indicating strong demand for its IPO.

Unsurprisingly, 2020 has proven a challenging year for the company. After the coronavirus started spreading around the world in March, bookings plummeted and hosts were forced to cancel existing reservations as travel restrictions brought tourism to a standstill. As the following chart shows, gross booking value crashed by more than 100 percent in March and April compared to the previous year, meaning that gross bookings were negative as cancellations exceeded bookings for both months.


Partner with bartday.com. Kindly head here.


From our partners:

CITI.IO :: Business. Institutions. Society. Global Political Economy.
CYBERPOGO.COM :: For the Arts, Sciences, and Technology.
DADAHACKS.COM :: Parenting For The Rest Of Us.
ZEDISTA.COM :: Entertainment. Sports. Culture. Escape.
TAKUMAKU.COM :: For The Hearth And Home.
ASTER.CLOUD :: From The Cloud And Beyond.
LIWAIWAI.COM :: Intelligence, Inside and Outside.
GLOBALCLOUDPLATFORMS.COM :: For The World's Computing Needs.
FIREGULAMAN.COM :: For The Fire In The Belly Of The Coder.
ASTERCASTER.COM :: Supra Astra. Beyond The Stars.
BARTDAY.COM :: Prosperity For Everyone.


Starting in May, travelers gradually returned to Airbnb over the summer with net bookings stabilizing around 30 percent below last year’s levels for the four months ended in September. Gross booking value was even less impacted during that time, as many hosts increased prices to make up for the lost time.

Airbnb will start trading on the Nasdaq under the symbol ABNB on Thursday. At the suggested price range, it would raise up to $3 billion at a valuation of $42 billion.

monthly-gross-bookings-on-airbnb-23717   By Felix Richter Source: Statista

admin

Related Topics
  • Airbnb
  • IPO
You May Also Like
Gemma 3n
Read More
  • 4 min
  • Technology

Announcing Gemma 3n preview: powerful, efficient, mobile-first AI

  • May 22, 2025
oracle-ibm
Read More
  • 7 min
  • Technology

Google Cloud and Philips Collaborate to Drive Consumer Marketing Innovation and Transform Digital Asset Management with AI

  • May 20, 2025
college-of-cardinals-2025
Read More
  • 1 min
  • Featured

The Definitive Who’s Who of the 2025 Papal Conclave

  • May 7, 2025
conclave-poster-black-smoke
Read More
  • 4 min
  • Featured
  • World Events

The World Is Revalidating Itself

  • May 6, 2025
oracle-ibm
Read More
  • 5 min
  • Technology

IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud

  • May 6, 2025
Read More
  • 1 min
  • Featured
  • People

Conclave: How A New Pope Is Chosen

  • April 25, 2025
Read More
  • 5 min
  • Technology

Canonical Releases Ubuntu 25.04 Plucky Puffin

  • April 17, 2025
Read More
  • 3 min
  • Technology

Tokyo Electron and IBM Renew Collaboration for Advanced Semiconductor Technology

  • April 2, 2025
  • The Summer Adventures : Hiking and Nature Walks Essentials
    • June 2, 2025
  • Gemma 3n
    Announcing Gemma 3n preview: powerful, efficient, mobile-first AI
    • May 22, 2025
  • oracle-ibm
    Google Cloud and Philips Collaborate to Drive Consumer Marketing Innovation and Transform Digital Asset Management with AI
    • May 20, 2025
  • college-of-cardinals-2025
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 7, 2025
  • conclave-poster-black-smoke
    The World Is Revalidating Itself
    • May 6, 2025
about
Unleash Your Financial Potential With Us

BartDay is your all-in source of information for market insights, finance news, investing, trading, and more.

Data and information is provided “as is”. BartDay and any of its information service providers or third party sources is not liable for loss of revenues or profits and damages.

For comments, suggestions, or sponsorships, you may reach us at [email protected]
  • 1
    The Summer Adventures : Hiking and Nature Walks Essentials
    • June 2, 2025
  • Gemma 3n 2
    Announcing Gemma 3n preview: powerful, efficient, mobile-first AI
    • May 22, 2025
  • oracle-ibm 3
    Google Cloud and Philips Collaborate to Drive Consumer Marketing Innovation and Transform Digital Asset Management with AI
    • May 20, 2025
  • college-of-cardinals-2025 4
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 7, 2025
  • conclave-poster-black-smoke 5
    The World Is Revalidating Itself
    • May 6, 2025
BartDay
  • Economy
  • Cryptocurrency
  • Investing
  • Markets
  • People
  • Environment
  • Technology
  • Featured
  • About
Unleash Your Financial Potential With Us

Input your search keywords and press Enter.