Airbnb Salvaged Its IPO by Mastering the Pandemic Pivot

The company’s ability to adapt to Covid — and meet customers where they wanted to go — may have saved its stock market launch

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Jeff Iloulian runs a property management firm in addition to HostGPO, a company that caters to hosts of vacation rentals. “The demand moved around, it didn’t vanish,” he says. Photo: Damon Casarez for Bloomberg Businessweek

By Patrick Clark

Jeff Iloulian braced for his business to crash when the Covid-19 pandemic set in this spring. Iloulian runs HostGPO, a…

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