Airbnb alerts the rest of the travel industry that the economic impact of coronavirus pandemic is manageable if you adapt and change.
Holiday and Travel Industry Has Been One Of Most Severely Affected By Coronavirus Pandemic
Airbnb decision to restart flotation of the company on USA stock market is an indication of just home strongly the global economy is adapting to the impact on business of the coronavirus pandemic. Airbnb is confident its travel business will remain successful across the world. However it is not without loss of jobs at Airbnb. This may also be the long lasting legacy of the pandemic. Fewer jobs will mean productivity increases but at the expense of higher unemployment levels. New businesses will need to supply new jobs to lower global unemployment levels. Many people will have to reskill to fit into the new jobs of the 4th Industrial Revolution which is coming at the world like a steam train!