California Travel Restrictions Ban Short-Term Rentals. Why Can’t Travelers Get Refunds?

Travel and travel planning are being disrupted by the worldwide spread of the coronavirus. For the latest updates, read The New York Times’s Covid-19 coverage here. California’s new travel restrictions, put in place to help prevent hospitals from being overwhelmed by the pandemic, have thrown vacation planning into reverse as travelers start canceling their lodging…

Airbnb Tops $100 Billion on First Day of Trading

SAN FRANCISCO — Over the last decade, Airbnb has upended the travel industry, riled regulators, frustrated local communities and created a mini-economy of short-term rental operators, all while spinning a warm narrative of belonging and connection. On Thursday, Airbnb sold investors on an even unlikelier story: that it is a pandemic winner. The company’s shares…