Airbnb announced a handful of updates to its platform on Wednesday, with CEO Brian Chesky billing it as “the biggest change to Airbnb in a decade.” The features, announced during its virtual summer event, include a new way to search, the option to split stays between homes and additional guest protections. The updated app and […]
HotelTonight CEO Sam Shank Ben Robertson In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Like many mobile-first, on-demand service-based companies started in the early 2010s, HotelTonight saw similarities with two of the biggest disruptors in that category. “That’s how the world is moving: […]
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California. Gabrielle Lurie | Reuters Airbnb said Monday it will offer free, temporary housing for up to 100,000 refugees fleeing Ukraine. The company will fund these stays with help from Airbnb hosts and donations to the Airbnb.org […]
More people are booking longer-term rental stays because of flexible working arrangements as a result of the pandemic, says Airbnb CEO Brian Chesky. “The pandemic has untethered millions of people from the need to be in office five days a week,” Chesky told CNBC’s “Squawk Box Asia” on Wednesday. “As people get more flexible, fewer […]
Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, […]
Airbnb co-founder and CEO Brian Chesky told CNBC on Friday that a post-Covid pandemic future of flexible living and working arrangements will be a boon to the company. Chesky, who is on a nationwide tour of Airbnb stays in an effort to “improve the experience” for customers, said he expects sustained adoption of remote work […]
Airbnb received a rare double upgrade to a buy rating from Gordon Haskett this week. The firm sees improving trends, particularly in Europe, as a boon for the vacation-rental stock. But Airbnb has languished this year in comparison to fast growing challenger Expedia, which owns competitor VRBO. Airbnb stock has fallen 2% in 2021, while […]
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California. Gabrielle Lurie | Reuters Airbnb and Vrbo, Expedia‘s home-sharing unit, are teaming up to combat repeat “party house” offenders. The companies announced Friday they’re developing the Community Integrity Program, an industry collaboration to share information on […]
Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya Carp Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year. Small landlords and venture-backed […]