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Airbnb (ABNB) cancelling all DC reservations during Biden inauguration

Airbnb Stock Price Target

Airbnb (ABNB) is cancelling all reservations in the Washington, D.C., area during the week of Joe Biden’s inauguration.

Airbnb clients who had reserved a place will be fully refunded while the company will also reimburse the hosts with the money that would have been earned from the reservations in DC area.

Airbnb (ABNB) had announced that it would ban individuals who were involved with the U.S. Capital riots on January 6 or associated with known far-right groups.

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