Published 2:05 PM EST Feb 13, 2020
"This is not a regional phenomenon; this is a global phenomenon," Jan Freitag, a senior vice president with data research firm STR, told USA TODAY.Airbnb is suspending bookings in Beijing with check-in dates from Feb. 7 to April 30, following government guidance to companies in the short-term rental industry. Guests whose reservations get canceled will be refunded.
"It goes without saying that the safety and well-being of our team members and our guests remain a paramount priority as we continue to carefully monitor the situation," Nassetta told investors."We're working with local governments and health authorities globally to best support our operations and our communities in impacted areas." Elsewhere in Asia: The company has yet to see cancellations for the Tokyo Olympics.
"Dependence on smartphone technology, the widespread use of social media, significant differences in hotel inventory, greater volume in international arrivals to Mainland China and overall economic conditions make it difficult to use that previous outbreak as an indicator this time around," Palmqvist explained.
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