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Impact of COVID-19 Pandemic on Shareholders of Airbnb in the Tourism and Hospitality Sector

   

Added on  2023-06-10

14 Pages3825 Words98 Views
Case Study Analysis

Executive Summary
The report below concern itself with Airbnb, which is reputed enterprise dealing in
tourism and hospitality industry. Its a web site based on connecting the clients with hosts for the
purpose of renting the homes. Its in the public knowledge that the enterprise is has been severely
hit due to the recent pandemic. This global catastrophe has had a crucial role in downsizing the
dividends of the shareholders among other things. The shareholders are facing uncertainty of
future options available to the company. Airbnb is well aware of the plight of shareholders. The
enterprise wants to provide top notch services to the customers whilst maximizing revenues so
that dividend given to shareholders increases. This necessitates keeping contingency plan and
imparting appropriate training to the workers so as to evolve their professional knowledge.

Table of Contents
Introduction.................................................................................................................................................4
Case study description.................................................................................................................................5
Statement of problem and analysis plan:..................................................................................................6
Analysis and Findings...................................................................................................................................8
Plans to overcome the difficulty:..............................................................................................................10
Recommendations ................................................................................................................................10
Limitation of the study:.........................................................................................................................11
Scope for further research:....................................................................................................................11
Conclusion.................................................................................................................................................12
References.................................................................................................................................................13

Introduction
The recent pandemic other than having worldwide health crisis has broken the spine of
the tourism and hospitality sector. The severe nature of restrictions meant there were travel
bubbles created between countries, only people of certain countries were allowed to travel. This
entailed severe repercussions on the hospitality sector since very few were reservations made by
the people. (Bharwani, and Mathews, 2021)Several enterprises have declared bankruptcy in the
backdrop of such restrictions. Certain on the enterprise in order to reduce operating cost
restricted the dividends that were given to shareholders. In this pandemic background the
current report analyses the impact of the pandemic on the functioning of Airbnb.(Gerwe, 2021)
Further it shall delve into the financial loss caused to the shareholders due to downsizing of
dividends. Airbnb offers people a feeling of being at home while they are out on business or
vacation since the places they stay at are not hotel rooms but actual houses on temporary rent
from the owners. The company is its headquarters in United states of America and was started in
2008 by Brian Chesky and Joe Gebbia. They currently have millions of houses on offer
throughout the world which give the guests a top notch staying experience.
Background of study:
This particular study shall examine the fallout of the Covid 19 Pandemic on the dividends
of the shareholders. Specifically how it has changed the dividends prospects of the Airbnb for
shareholders. The contemporary market conditions of the company shall be discussed. Further
recommendations will be made on how to mitigate the fallout of the pandemic and plan for
improving marketing conditions in the future.
Research Aim: “To analyze the fallout of COVID-19 pandemic on capitalism of shareholders in
the tourist and hospitality sector of the United Kingdom” Based on Airbnb.

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