Airbnb canceling and blocking D.C. reservations during inauguration week – CNBC
Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden’s inauguration, the company said Wednesday.
The company’s stock jumped almost 9% around 11:40 a.m. ET.
Guests who had reserved a place will be refunded in full, Airbnb said. It will also reimburse the hosts with the money that would have been earned from the canceled reservations. HotelTonight reservations will also be canceled, it said.
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