Airbnb is suspending Beijing bookings until May, following new local rules aimed at combating the spread of coronavirus.
Airbnb is suspending bookings for Beijing until May because of coronavirus and issues restrictions in other cities.The issue is the latest headwind for the travel industry as trips to China drop.
The number of documented cases of coronavirus jumped by more than 15,000 to at least 60,000, most of them in China. At least 1,369 people have died from the virus, which the World Health Organization has renamed COVID-19. Coronavirus presents a new headwind Airbnb, which is targeting this year for a long-awaited initial public offering, after spending years battling other issues, such as local laws aimed at curbing its short-term rental model.As efforts to control the novel coronavirus outbreak continue, we will comply with additional guidance issued for the industry during this public health emergency," Airbnb said in a statement. "We will refund and support guests who had cancelled reservations.
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