Tag Archives: Brian Chesky

Airbnb continues growth as Q1 profit more than doubles to $264M

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Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse. Continue reading →

Airbnb earned $10B last year, more than double pre-pandemic

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The company earned $9.9 billion in total revenue for the year, nearly half of which was company profit. That is more than double the total revenue the company earned in 2019, before the pandemic upended travel. Continue reading →

Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

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Both hotels and short-term rental companies are vying for customers seeking out extended stays through new offerings as business travel ramps up across the U.S. this fall. Continue reading →

‘Rich Dad’ predicts an Airbnb-led ‘market crash.’ Fanboys rejoice

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Robert Kiyosaki’s social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax? Continue reading →

Tens of thousands of Airbnb listings will be outlawed in NYC next week

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Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City. Continue reading →

Airbnb profit jumps 72% as more homes are rented out short term

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Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading →

Heading into summer, Airbnb is going head-to-head with the hotels

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It grew from a way to earn a little extra money renting out a room to a $67B behemoth. Now, heading into a busy travel season, Airbnb looks to return to its roots. Continue reading →

Airbnb chief calls out CEOs for remote work double standard

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“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 →

Airbnb posts first profitable Q1 as revenue climbs to $1.8B

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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 →

Airbnb notches first profitable full year as demand surges, rates fall

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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 →