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ThisIsTheWay
on May 5, 2020
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Citing revenue declines, Airbnb cuts 25% of workfo...
I don't understand how AirBnB can pivot to events - the locations managed through their site tend to be quite small... Can you clarify?
mrkramer
on May 5, 2020
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I think he was referring to "Experiences" section on Airbnb where you can go surfing, kayaking and stuff like that.
ThisIsTheWay
on May 5, 2020
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Ah got it, thanks for the clarification. Might be a good way to backfill a portion of lost revenue, but I still don't think travel is going to pick up in Q3/Q4 as much as AirBnB is forecasting.
Only time will tell.
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