Airbnb booking data from China offers glimpse of a rebound

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FILE PHOTO: Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic

(Reuters) – While the coronavirus pandemic has frozen global travel and hit the travel industry hard, data from home-sharing startup Airbnb Inc shows the number of domestic bookings in China for the first half of April were up more than 200% compared with the same period in March.

Data from AirDNA, a separate analytics firm, showed the number of bookings for the week of April 13 in 10 big Chinese cities, including Shanghai and Guangzhou, were up nearly

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Airbnb secures new $1 billion loan on top of $1 billion bond deal

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FILE PHOTO: Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK/BOSTON (Reuters) – Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said on Tuesday.

Parties to the new loan deal included private equity firms Silver Lake, Apollo Global Management, Sixth Street Partners, Oaktree Capital Management and Owl Rock, several sources with knowledge of the discussions told Reuters.

Silver Lake, one of the

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Airbnb secures new $1 billion loan on top of $1 billion bond deal: sources

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FILE PHOTO: Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK/BOSTON (Reuters) – Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, sources told Reuters on Tuesday.

Parties to the new loan deal included private equity firms Silver Lake, Apollo Global Management, Sixth Street Partners, Oaktree Capital Management and Owl Rock, several sources with knowledge of the discussions said.

Silver Lake, one of the two

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Prague aims to get a grip on Airbnb with coronavirus crisis laws

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PRAGUE (Reuters) – Officials in Prague are using the coronavirus crisis to get a firmer grip on short-term rentals like Airbnb, which they say have squeezed locals out of the Czech capital’s centre.

FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato

Using state of emergency powers in place during the coronavirus pandemic, the Czech parliament’s lower chamber fast-tracked a plan allowing local authorities to better collect tax and other information on short-term lets.

Tourists crowding Prague’s cobblestone streets and historic squares, often to take advantage of its cheap

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