Note

April 15, 20 - 1:40 pm - LABS

Airbnb secures $1 billion loan from investors, and postpones bookings in several countries

On Tuesday Airbnb announced that “it has secured commitments of $1 billion for a syndicated term loan from institutional investors”. 

Airbnb also suspended new bookings in MexicoUK, and China (Beijing). The suspension in Mexico runs until the end of April; in the United Kingdom until at least April 18th; and in China until May.

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