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.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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