South Koreans Grapple With Bed Bug Infestations After France, UK Overwhelmed: 'I'd rather have...Covid'
Portfolio Pulse from Benzinga Neuro
South Korea is experiencing a rapid increase in bedbug infestations, prompting government action. The country has been largely free of bedbugs since 2014, but the recent resurgence follows similar incidents in France, the UK, and the US. The South Korean government is importing new pesticide types and initiating a bedbug management system. Airbnb Inc (NASDAQ:ABNB) in Paris has reported no increase in bedbug cases but is taking additional precautions.
November 10, 2023 | 5:21 am
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Airbnb Inc has reported no increase in bedbug cases in its Paris accommodations but is taking additional precautions in light of recent media reports on infestations.
While Airbnb is not directly affected by the bedbug infestations, the company is taking precautions which could potentially increase operational costs. However, as the company has not reported any increase in bedbug cases, the impact on the stock is neutral in the short term.
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