:
Coronavirus threatens to delay Airbnb IPO
Reading Time: 2 minutesUS: Airbnb’s IPO plan, one of the most heavily anticipated public listings in 2020, is in danger of being pushed further back to 2021 due to fears over the global spread of the COVID-19 coronavirus, according to Bloomberg. The virus has already led the company to halt bookings in Beijing, one of Airbnb’s most valuable […]
New York City files lawsuit against Guesty
Reading Time: 3 minutesUS: New York City has announced it is suing Israeli property management software platform Guesty over its business model, which the city says is “focused on helping people flout laws against short-term rentals”. The lawsuit against the platform was filed in a state court in Manhattan as investigators began an investigation seeking evidence and records […]