'No Layout Editor in the latest Android Studio

I have got this weird problem while upgraded to the latest Android Studio. It has no Layout Editor, no Design Tab or Preview Tab. Has anyone faced similar problem? Please help me out.

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Solution 1:[1]

Okay, so I solved it by reinstalling and restoring to default settings, would be a help to anyone facing the same issue.

Solution 2:[2]

Had the same issue after upgrading to Bumblebee version.

I could get it back by going to : File > Manage IDE Settings > Restore default settings

Sources

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Source: Stack Overflow

Solution Source
Solution 1 Fc0001
Solution 2 Manolo de la Vega