Beating goal to shelter 20K Afghan refugees, Airbnb doubles down
Short-term rental giant commits to providing free, temporary housing to an additional 20,000 refugees from Afghanistan and other countries
by Andrea V. Brambila Feb 23
Airbnb has helped house more than 10K Afghan refugees since August
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
by Lillian Dickerson Dec 20
Airbnb revenue and income hit an all-time high in Q3
As pent-up travel demand and the ability to work remotely came to a head, the company's revenue increased 67% year over year and income surged 280% year over year
Airbnb offers free housing to 20K Afghan refugees
The short-term rental platform and its nonprofit arm will pay to temporarily shelter those fleeing persecution from the Taliban
by Andrea V. Brambila Aug 24
Airbnb slashes losses, sees 299% rise in revenue in Q2
The short-term rental giant lost $68M between April and June — a vastly smaller sum than the $1B it lost a quarter earlier, according to earnings figures released Thursday
by Jim Dalrymple II Aug 12
Surge in travelers causes a shortage of available short-term rentals
Owners of second homes are removing their properties from platforms like Airbnb and Vrbo so they can use them for themselves, according to a report by the Wall Street Journal
by Libertina Brandt Jun 22
Ahead of travel season, Airbnb makes it easier to list properties
The short-term rental giant unveiled over 100 updates to its platform, including flexible searching options for guests and a simplified onboarding process for hosts
Airbnb faces Q1 loss of $1B
Despite continuing to suffer losses in the wake of the pandemic, Airbnb's CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand.
by Lillian Dickerson May 14
Airbnb reports $4.6B loss in first earnings report since going public
Despite a stunning public debut in December that clocked the company's valuation at over $100B, the short-term rental company's total revenue was down 30% from the year previous
by Lillian Dickerson Feb 26
Everything that happened in 2020, the wildest year of our lives
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
by Jim Dalrymple II Dec 21
The 8 biggest stories that impacted real estate investors in 2020
The hottest topics for real estate investors this year ran the gamut — Airbnb's IPO, WeWork's new CEO, the vacation rental market's comeback, eviction bans and more
by Lillian Dickerson Dec 15
Airbnb valuation soars after wildly successful debut as public company
The travel company's share price shot up to more than $168 at one point after an initial price of $68 per share on Thursday, the company's first day on the Nasdaq
by Jim Dalrymple II Dec 10
Airbnb exec resigned over data sharing with China
The former FBI deputy director had brought up concerns over the company sharing renters' addresses and phone number with the Chinese government
The Airbnb IPO could move forward this week. So what's next?
The company's public debut represents a bet that the real estate and travel industries will keep colliding
by Jim Dalrymple II Nov 10
Airbnb long-term bookings are on the rise
As customers return to the platform, they're looking for longer-term stays and the ability to bring pets with them, according to Airbnb CEO Brian Chesky