{"id":12440,"date":"2020-03-06T12:28:26","date_gmt":"2020-03-06T17:28:26","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=12440"},"modified":"2020-03-06T12:29:37","modified_gmt":"2020-03-06T17:29:37","slug":"will-airbnb-delay-their-ipo-due-to-coronavirus","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/will-airbnb-delay-their-ipo-due-to-coronavirus\/","title":{"rendered":"Will Airbnb Delay Their IPO Due To Coronavirus?"},"content":{"rendered":"\r\n

Everyone anticipated a big IPO from Airbnb <\/a>this year. They are the most successful and widely recognized Y Combinator<\/a> alum, and have had the luxury of staying private while fueling incredible growth. They raised big rounds along the way, but in recent years their own customers and revenues provide plenty of operating capital to launch expansionary projects. It’s a great place to be and more companies should try it!<\/p>\r\n\r\n\r\n\r\n

What Is The Virus Impact on Airbnb?<\/h2>\r\n\r\n\r\n\r\n

The Covid-19 outbreak negatively impacts all travel and hospitality businesses, leaving Airbnb especially vulnerable. When consumers and businesses are afraid to travel and governments are telling everyone not to travel, who gets hurt? Airlines, hotels, and vacation rentals<\/a> for sure. Demand for any travel and related services continue to shrink. Conferences and events everywhere are being cancelled (maybe even the Tokyo Olympics!).<\/p>\r\n\r\n\r\n\r\n

Curse Of The Marketplace Intermediate<\/h2>\r\n\r\n\r\n\r\n

Booking cancellations are annoying for all hotels and airlines, but Airbnb takes a bigger hit than most. They act as the payment facilitator and reservation intermediary. When you reserve a hotel you found through an aggregation site, you are often booking directly with the hotel. The hotel loses revenue, but you need to sort out any cancellation fees with them. If the consumer threatens a credit card<\/a> chargeback, the hotel will suffer through the dispute process.<\/p>\r\n\r\n\r\n\r\n

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