Airbnb’s growth will be affected by the virtual bans that have been imposed in New York City and the crackdowns all over the world, in places such Spain and Italy.
Airbnb admitted for the first week that its efforts to influence policymakers would result in lower profits.
Airbnb’s shareholder letter stated that in the third quarter it anticipates that its adjusted EBITDA margin will be lower than a year earlier because of investments in new growth — which include Experiences, Services, and international expansion — as well as “policy initiatives.”
Airbnb, in a Skift article, said that “global regulations have targeted Airbnb in recent years in response to wider societal concerns like housing.” “Since the last year, Airbnb has taken a firm stance in order to protect its customers.
