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Airbnb set to branch into creative content before IPO
Reading Time: 2 minutesWorldwide: Reuters is reporting that Airbnb is planning to produce a series of original shows and content to encourage its customers to travel more and broaden their horizons. The latest strategy comes at a time when Airbnb is shaping up for a scheduled initial public offering this year or next. The company is said to […]
Airbnb achieves profitability for second year in a row
Reading Time: 2 minutesUS: Airbnb, which is set to go public this year, said it was profitable on an EBITDA basis for the second consecutive year in 2018. In Q3 2018, Airbnb said it had its strongest quarter ever, where it saw “substantially more” than $1 billion in revenue. The following quarter, Airbnb found a replacement for former […]
Airbnb bookings set to surge in the UAE for New Year’s Eve celebrations
Reading Time: 2 minutesUAE: The number of people staying in rental accommodation listed on Airbnb in the UAE is set to more than double during New Year’s Eve. The short-term rental platform said it was currently seeing a 108 per cent rise in bookings during the New Year period, as travellers head to the Emirates to make the […]
Airbnb to hold superhost week initiative ahead of preparation for potential IPO
Reading Time: 2 minutesWorldwide: Airbnb is to hold a superhost week in December to celebrate its 600,000+ superhosts, amid growing speculation that it is preparing for an IPO in 2019. A host can become an Airbnb superhost by hosting at least 10 trips and having an average rating of more than 4.8 out of five stars and the […]
Airbnb names Amazon’s Dave Stephenson as its chief financial officer
Reading Time: 2 minutesWorldwide: Airbnb has ended its 10-month search for a new chief financial officer after it named Amazon finance executive Dave Stephenson in the position. Stephenson, a long-time executive at Amazon, was responsible for overseeing the finances of the company’s worldwide consumer business. He is now expected to take up the role of leading Airbnb’s potential […]
Mike Curtis to leave Airbnb position as VP of engineering
Reading Time: < 1 minuteAirbnb: Airbnb’s head of engineering, Mike Curtis, is to leave the company later this year to pursue other projects and focus on family commitments. Curtis joined the home-sharing online rental platform in 2013 after two years in a similar position with Facebook. Airbnb will now work with Heidrick & Struggles to find a successor to […]
Airbnb launches additional high-end tiers
Reading Time: < 1 minuteUS: Airbnb has launched two new services: Airbnb Plus and Beyond by Airbnb. Airbnb Plus will include homes that are verified for “quality and comfort,” and is launching with around 2,000 properties. “Airbnb Plus [properties] are all the comforts of home, plus more. These are beautiful homes, from exceptional hosts, and every single one of […]