Airbnb Inc. an American vacation rental online marketplace company has unveiled paperwork in the US to become a publicly listed company, showing the home-sharing giant turned a profit in the third quarter after the coronavirus pandemic forced it to overhaul its business and shed costs. Since lodging website Airbnb founding as home-sharing business in 2008,… Continue reading Airbnb Plans Public Share Sale Despite Pandemic
France’s highest appeals court ruled that a former Uber Technologies Inc. driver should be recognized as an employee rather than as an independent contractor, putting France ahead of other efforts around the world to give gig-economy workers the ability to demand broader employment benefits. The decision–which can’t be appealed–appears to be the first from a… Continue reading Uber Ruling in France Boosts Gig Workers’ Rights
People who rent out properties on Airbnb have earned an estimated US$150 million from some of the biggest sporting events around the world, according to new data released by the accommodation sharing platform. Forty-four percent of Airbnb hosts surveyed globally say they have hosted guests travelling for a sporting event, the company said.
The Thailand’s ‘Special Tourist Visa‘ (STV) scheme is starting to gain momentum as overseas offices under the Tourism Authority of Thailand (TAT) report high interest from tour agents. After the cabinet approved the STV scheme last week, all TAT offices in Europe received a number of calls and emails asking for more details about the… Continue reading Thailand Special Tourist Visa (STV) Provisions Prompt TAT Inquiries
Consumers are redeploying their travel and entertainment budgets during the Covid-19 pandemic Consumers holed up during the coronavirus pandemic redirected their travel and entertainment dollars toward pizza, videogames, home-exercise equipment and luxury goods, according to several companies that provided business updates Thursday.
Reducing the mandatory quarantine period and reopening the border safely and slowly are the keys to tourism recovery for all stakeholders as domestic demand alone is not sufficient for survival, according to Minor Hotels. Small businesses will be hurt more than big players if the borders remain closed, with the unemployment rate expected to surge,… Continue reading Safe Reopening Key to Hotels Recovery