A deserted street is seen in Beijing on February 3, 2020. The coronavirus outbreak has seen the homestay industry suspend all bookings in the city until the end of February. Photo: AFP

Online home-sharing platforms in China like Airbnb feel the chill as coronavirus outbreak hits bookings

  • The market for short-term rentals in 2018 was about US$7 billion in Asia, compared to US$50 billion for North America and US$29 billion for Europe
  • Tujia, another Airbnb rival in China, said suspension guidance from the authorities had affected most of its listings in the city
Topic |   Start-ups
A deserted street is seen in Beijing on February 3, 2020. The coronavirus outbreak has seen the homestay industry suspend all bookings in the city until the end of February. Photo: AFP
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