Short-term rental giant Airbnb has said “thanks, but no thanks” — at least for now — to a proposal to go public by merging with billionaire Bill Ackman’s special purpose acquisition company (SPAC). Bloomberg reported Wednesday (Sept. 2) that Ackman approached Airbnb about merging with his...
It could be the right time for Airbnb to go public. As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans to launch an initial public offering this year, the Financial Times (FT) reported. “When the...
The heart of home sharing is authenticity. You occupy the homes of actual people who live in cool destinations rather than expensive, impersonal hotels that serve up sanitized versions of local life. The most visible and talked-about brand in home sharing for years has been...
With a potential initial public offering (IPO) on the horizon, Airbnb reportedly registered a loss in the first nine months of 2019 amid an increase in costs. The loss is said to raise questions about the timing and valuation of the tech company’s introduction to the public...
March 13, 2020
The heart of home sharing is authenticity. You occupy the homes of actual people who live in cool destinations rather than expensive, impersonal hotels that serve up sanitized versions of local life. The most visible and talked-about brand in home sharing for years has been Airbnb, with a dominant market position and high consumer awareness, […]
November 30, 2022
Airbnb says it will let apartment dwellers turn their places into short-term rentals. Announced Wednesday (Nov. 30), the company says its “Airbnb-friendly apartments” program is available at 175 properties around the country and is designed to help people derive some income from hosting amid the rising cost of living. The November edition of PYMNTS’ Consumer […]
July 16, 2020
It could be the right time for Airbnb to go public. As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans...
February 11, 2020
With a potential initial public offering (IPO) on the horizon, Airbnb reportedly registered a loss in the first nine months of 2019 amid an increase in costs. The loss is said to...
October 14, 2019
Although Marriott International launched its Homes & Villas homesharing program, the company insists it doesn’t have any intention of competing with Airbnb and similar companies. “We knew that we couldn’t...
