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Airbnb Files for IPO as Reeling Hotel Industry Struggles to Recover

Home-Sharing Provider's Funding Could Help It in Pandemic, Challenge Hospitality Sector
San Francisco-based Airbnb has filed paperwork for its initial public offering. (Airbnb)
San Francisco-based Airbnb has filed paperwork for its initial public offering. (Airbnb)
CoStar News
August 19, 2020 | 11:32 P.M.

Home-sharing company Airbnb officially filed its intention to embark on an initial public offering, catching the hotel industry off guard at a point when it is struggling to recover from the pandemic.

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News | Airbnb Files for IPO as Reeling Hotel Industry Struggles to Recover