Despite raising investments of over $2 billion last month, Airbnb has forecast this year’s revenue to be less than half of 2019’s.

The Transportation Security Administration (TSA) reported the number of travellers through its security gates on May 4 at 163,692 compared to 2.5 million for the same day last year.

The Wall Street Journal reported in February that Airbnb lost $322 million over the first nine months of last year, after a $200 million profit in 2018.

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