12 Things That Could Become Obsolete After the Coronavirus Pandemic


6 of 12

7. Airbnb

Airbnb
Source: Pixabay

According to an article published by The Daily Telegraph, the “coronavirus has brought Airbnb to its knees.” Airbnb had already lost $322 million in the first nine months of last year and has lost another few hundred million since January 1, 2020. As a result, the company has told investors to expect full-year revenue to be less than half of what it was in 2019. “The impact is massive. It’s never been seen before,” Scott Shatford, chief executive of the Airbnb analytics company AirDNA, told The Daily Telegraph. “Cancellation rates have gone through the roof. Rates that were typically 3pc in good times are now, this week, 90pc for reservations made before March 10.”

Share