The proposal comes as popular tourist destinations such as Paris, Venice and Barcelona blame Airbnb for aggravating housing shortages by pushing out lower-income residents.
In a series of tweets, Airbnb CEO Brian Chesky announced cost of Afghan refugees' accommodation will be borne by the company. However, no clear time frame for the programme was announced.
The company is currently planning to price its IPO on 9 December. Ahead of it, the home-rental platform and some shareholders are offering 51.9 million shares at $44-$50 apiece.
Until now, the Bobby cottage in Kashmir, Dil Chahta Hai fort in Goa, and Pangong lake in 3 Idiots were famous tourist attractions. Gauri Khan-designed home has entered the club.
Airbnb website took advantage of the shift in customer behavior — avoiding international air travel and renting homes nearby — and started showing more local offerings.
For decades, India’s defence industry has churned out ‘indigenous’ hardware. Much of it is mere assembly of imported kits or licensed production, masking a deep import dependence.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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