I received this response from Airbnb support. The first ques...
I received this response from Airbnb support. The first question I asked was “ what advice are you giving hosts who have seen...
Airbnb has announced plans to list on the stock market as concerns over the impact of the coronavirus ease - as announced by the BBC.
I'm wondering what this will mean to us hosts?
Jillie
@Jillie1 Hopefully positives. They will have to run the company more professionally and might even use some of the money to invest in better IT solutions.
Some free shares maybe?
Hopefully it means they will have the funds to hire back the the 1,900+ employees they let go just before AirBnb had a surge in reservations. Terrible decision by the CEO. As a trader, I will be looking for opportunities to short the stock.
Would you not consider a "surge in reservations" natural when guests have been told they were previously restricted from travel and they couldn't travel abroad, or by Air- like they normally would?
And wouldn't you want to question why the funds were not there already since they were only holding them in trust for the hosts benefit?
Thanks for your positive perspective Jim! I now feel quite excited. Don't know anything about Stocks and Shares but do welcome your tips and more about why Airbnb is a good bet in your opinion.