Airbnb has suspended all operations in Russia and Belarus, and in addition stopped customers of the house rental website from each nations from making any bookings, within the firm’s newest response to Vladimir Putin’s invasion of Ukraine.
The house rental agency, which has virtually 100,000 short-term leases out there throughout each nations based on the market analysis agency AirDNA, has been vocal in its assist of Ukraine.
Brian Chesky, the co-founder and chief govt of Airbnb, who has added the Ukrainian flag to his Twitter profile, tweeted the suspension in a one-line submit.
The corporate elaborated on Chesky’s tweet, including that the ban would prolong to Airbnb members of these nations attempting to make any bookings on the location.
“Because of this we are going to block calendars from accepting new bookings in each nations till additional discover,” mentioned a spokesperson for the corporate. “We can even limit customers in Belarus and Russia from making new reservations as friends. We definitely hope that as we glance to the long run, a path to peace is solid.”
Russia has greater than 93,000 listings on Airbnb, and Belarus virtually 4,000, based on AirDNA.
On Thursday, Airbnb waived charges for hosts and people reserving leases in Ukraine. It took the choice after members of the general public started making bookings in Ukraine with no intention of travelling as a method of offering monetary assist to residents dealing with hardship in the course of the invasion.
Ukraine has greater than 17,000 lively short-term rental listings.
On Monday, Airbnb pledged to supply free housing to 100,000 Ukrainian refugees. The corporate has mentioned it has acquired “overwhelming assist” for the initiative, with greater than 260,000 guests to date to a devoted internet web page the place it’s doable to enroll to be a bunch or to donate.
Earlier this week, Chesky mentioned the corporate was assessing its choices relating to its Russian operation. “We don’t have a big enterprise in Russia,” he informed CNN. “It isn’t one in every of our main markets. [But] we’re completely revisiting our relationship [about whether] to do enterprise in Russia.”
Final yr, Airbnb took bookings for 300m nights throughout 4 million hosts globally, price a complete of $46.8bn (£35.3bn). The corporate, which was based in 2008, was floated in 2020, hovering to a market worth of about $100bn.
Airbnb joins a quickly rising and intensive record of firms which can be severing ties or pausing operations in Russia, together with Ikea, the worldwide recruitment firm Hays, Apple, Netflix and all the foremost Hollywood studios, the retailers H&M, Marks & Spencer, Burberry and Boohoo, and automotive producers together with Ford, BMW and Mercedes-Benz.
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