The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter.
Source: Inman News
Airbnb files for IPO, reveals soaring losses in early 2020
Published in airbnb, Coronavirus, coronavirus pandemic, COVID, COVID-19, Industry News, initial public offering, investment, ipo, Markets & Economy, pandemic, Property Portfolio, real estate, rent, Rentals, Select, short term rentals, travel and wall street
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