[lasgsf]

Maybe the contrarian view but quite bullish on AirBnb (obviously not short term). This situation sucks but there is a glimmer of light which assuming the world finds a vaccine and anti-viral treatment:

1. Globally people are on lockdown and once done are going to realize that black swans can happen anytime and thus will travel more as never know when you can't. Travel will bounce back hard (business travel maybe not as much) 2. Due to loss of jobs/income: More folks will need to securitize their fix assets meaning house for additional income which means more inventory for Airbnb 3. Hotels will be devastated as due to fix cost had to pare down impairing service, locations, etc. thus net positive for Airbnb 4. Remote work will take off: Ppl will want to explore other locations as remote work becomes more prominent. They can launch an ancillary business that attacks WeWork.