1- Airbnb guests were forced to cancel their reservations due to governmental restrictions and safety reasons. Airbnb provided refunds for canceled reservations made prior to March 14, 2020

True False

2- Airbnb's reliance on hosts to provide physical accommodation spaces is better suited to the dramatic decline in travel accommodations than business models involving brick-and-mortar lodging locations

True False

3- Airbnb was forced to delay its IPO as a result of the pandemic. The company also had to raise $2 billion in private funding and debt to support operations during the pandemic

True False

4- Large hotel/motel chains are familiar brands, with a global reach, and offer safe and reliable accommodations. True False