“I guarantee you that many of these CEOs who are calling people back to the office in New York City are going away to the Hamptons for the summer or going to Europe in August,” Airbnb CEO Brian Chesky said. Continue reading
The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18 percent from last year, according to earnings data released Tuesday. Continue reading
The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon. Continue reading
Travelers are now able to see the true cost of a booking, cleaning fees and all. More upcoming changes seek to control what hosts can require their guests to do at checkout. Continue reading
New rules would require homeowners and tenants who offer short-term rentals to register units with the city. Airbnb and hosts call the requirements overly restrictive. Continue reading
Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs. Continue reading
Former White House Press Secretary leaves Amazon to become head of global communications and policy for the short-term rental powerhouse. Continue reading
Joe Gebbia, who helped build Airbnb into a national household name, says his first focus is parenthood. He plans to remain involved with Airbnb as a board member, shareholder and advisor. Continue reading
The program to house Afghan refugees for free or at a reduced cost was announced back in August and has met more than half its goal of housing 20,000 refugees. Continue reading
As pent-up travel demand and the ability to work remotely came to a head, the company’s revenue increased 67 percent year over year, and income surged 280 percent year over year. Continue reading