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Airbnb set to file for $30bn+ IPO this week
Reading Time: 2 minutesUS: Airbnb is set to file the necessary IPO [initial public offering] documents later this week ahead of its anticipated stock market debut in December, as it seeks to raise $3 billion in proceeds in a move that would set the company a valuation of around $30 billion, according to Reuters. Next month, it is […]
Airbnb announces creation of host advisory board
Reading Time: 2 minutesWorldwide: Airbnb has announced that it has created a host advisory board and a host endowment to support its host community before it closes its eagerly-awaited initial public offering [IPO]. The advisory board will include 15 VIP Airbnb hosts who will be announced before the end of the year. In a statement, CEO Brian Chesky […]
Former Apple designer Sir Jony Ive joins Airbnb
Reading Time: 2 minutesWorldwide: British designer Sir Jony Ive, who oversaw the creation of the iPhone, iMac, iPod, Apple Watch and AirPods at multinational tech firm Apple, has been brought on board by Airbnb to collaborate with the home-sharing platform’s internal design team in a multi-year deal. Ive, who is a “long time friend” of Airbnb CEO Brian […]
Pass the Keys launches new franchises in the UK
Reading Time: 2 minutesUK: Airbnb professional management company Pass the Keys has added new franchises in popular short-term letting destinations across the UK, including the Lake District, New Forest and Christchurch. As a result, the company has taken the number of locations it spans across the country up to 27. With staycations and national parks becoming increasingly popular since […]
Airbnb blocks one-night Halloween rental parties in USA and Canada
Reading Time: 3 minutesUS / Canada: Airbnb is to block one-night reservations through its platform over Halloween in the United States and Canada, in order to prevent a repeat of a shooting incident last year that left five people dead at an unauthorised party in Orinda, California. The temporary ban will apply to entire home listings in both […]
Airbnb aiming to raise $3 billion in IPO by December
Reading Time: 2 minutesUS: Airbnb is reportedly aiming to raise around $3 billion in its upcoming initial public offering [IPO], sources close to the matter told Reuters. In news that may generate further optimism for the unicorn company, Airbnb is on course to achieve a valuation of more than $30 billion as a result of the IPO according […]
Airbnb launches City Portal for local governments
Reading Time: 2 minutesWorldwide: In its continuing attempts to work with local governments, Airbnb has launched its City Portal, a dedicated solutions platform for municipalities. The portal offers a dashboard, featuring Airbnb Data, compliance solutions, direct access to team members, and a central location for enforcement resources. In keeping with its community compact, Airbnb forged individual partnerships with […]
50 Urban Innovators changing the way we live- Part Two
Reading Time: 6 minutesWorldwide: In the lead up to URBAN LIVING FESTIVAL 2020: stay-live-work, taking place 25-26 November at Tobacco Dock in London, International Hospitality Media has created a list of 50 innovators who have changed urban life. These 50 have led some of the most dynamic, exciting and successful businesses in the UK and abroad, all of […]
Airbnb rumoured to be filing for IPO this month
Reading Time: 2 minutesUS: Airbnb is rumoured to be on the verge for filing for its initial public offering [IPO] later this month in an unexpectedly rapid development for the home-sharing behemoth. According to The Wall Street Journal, the company is set to file the relevant paperwork with the Securities and Exchange Commission before the end of the […]
Airbnb approached for blank-cheque acquisition company merger
Reading Time: 5 minutesUS: Airbnb CEO Brian Chesky has revealed the company was recently approached about going public via a merger with a blank-cheque acquisition company on a Reuters Newsmaker webinar on Wednesday. Mergers with so-called special purpose acquisition companies [SPACs] are seen as a relatively new but increasingly popular way of listing on the stock market. SPACs […]