After months of intense speculation, much of it reaching a crescendo in recent days, short-term rental giant Airbnb has now filed the paperwork to hold an initial public offering.

The company announced the news in a statement Wednesday, saying that it had “confidentially submitted” the paperwork to the U.S. Securities and Exchange Commission (SEC). The statement adds that the number of shares the company will offer, as well as their price range, is still to be determined. A timeline for when shares might begin trading also has not been pinned down, with Airbnb’s statement merely saying that the IPO were take place “after the SEC completes its review process.”

Reached for comment, Airbnb referred Inman to its statement and declined to provide further remarks.

However, despite the lack of details, Airbnb’s statement does confirm rampant speculation that the company was on the verge of going public. That speculation has been simmering for some time, but picked up this month when The Wall Street Journal and other outlets cited unnamed sources who said a filing was imminent.

Because Airbnb’s announcement also mentions an “initial public offering,” it also appears the company will not pursue a variety of other more creative paths to going public. Those paths could have included a merger with another company or a Spotify-esque “direct listing.”

Still, a number of questions about Airbnb’s future remain to be answered. Chief among them is how the coronavirus might impact business going forward, especially given that CEO Brian Chesky has previously suggested the crisis has irrevocably changed travel.

Despite those changes, however, the company has indicated its bookings are seeing rising interest and demand is recovering. Soon, it will be up to investors to decide if the recovery has been strong enough.

Email Jim Dalrymple II

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect is LIVE today! Join us and thousands of your peers from wherever you are.Register Now×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription