Airbnb’s contribution to GDP increased by 115% between 2019 and 2022, according to an independent report.
Airbnb has reported its first full year of profitability and $8.4-billion of annual revenue – 75% more than it achieved in the year immediately preceding the pandemic.
Airbnb is suspending its operations in Russia and Belarus, CEO Brian Chesky said in a tweet on Friday morning.
Airbnb is requiring most professional hosts outside North America to include all service fees in the rate presented to guests, a move that mirrors how rival platforms operate.
Airbnb is aiming for a valuation of nearly $35-billion in what will be the last blockbuster US IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by Covid-19.
Airbnb is hiring former Apple design chief Jony Ive and his new firm, LoveFrom, to work on projects with the home-sharing start-up.
Airbnb has announced a global ban on parties and events listed on its platform in a bid to comply with Covid-19 health protocols.
Short-term home rental company Airbnb has filed confidentially for an initial public offering with US regulators, setting the stage for one of 2020’s marquee stock market debuts.
Uber Technologies will eliminate 3 700 jobs and permanently close 180 driver service centres, the first in a series of cost-cutting measures to be announced in the next two weeks.
Airbnb is cutting 25% of its workforce as the coronavirus pandemic continues to pummel the travel sector. About 1 900 Airbnb employees across the world will be affected