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
Although the company has provided few details, the announcement at leasts ends months of speculation that Airbnb was on the verge of an IPO
New rumors suggest the short-term rental giant may file papers to go public as soon as this month. The rumors come as Airbnb's business gradually recovers from a pandemic-related downturn
'I will go on the record to say that travel will never, ever go back to the way it was pre-COVID,' Airbnb CEO Brian Chesky said Sunday
After a period of rolling out more lenient reservation cancellation policies and more stringent cleaning procedures in the wake of the coronavirus pandemic, Airbnb, Vrbo and other vacation-rental websites are starting to see an increase in bookings again
The layoffs come as the pandemic has largely stopped global travel and after Airbnb previously undertook cost-cutting measures
CEO Brian Chesky said he and his executive team will take dramatic pay cuts along with eliminating marketing budget
The short-term rental company's CEO announced an array of new safety measures
The acquisition reportedly comes as Airbnb prepares to go public sometime over the next couple of years
The home rental company announces a departing CFO, and new COO and no plans for an IPO this year