Friday, May 14, 2021

Airbnb Posts $1.2 Billion Loss and Turns Attention to Expected Supply-Demand Mismatch

Airbnb CEO Brian Chesky said the company expects to add millions of new hosts in the next few years, and it has plans to simplify the host signup process. But Airbnb has to be concerned that over the last six months that strategic growth imperative has been tough going. -Dennis Schaal