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Scottish accommodation industry criticises planned regulations
Reading Time: 2 minutesUK: Multiple members of Scotland’s holiday home and self-catering accommodation industry have voiced their opposition to new proposed regulations from the Scottish government in a letter. The government is currently carrying out its final stage of consultations before implementing an overhaul of short-term rentals law. Scotland proposed new regulations on the industry this January, primarily […]
Airbnb ramps up 2020 IPO plans amid management reshuffle
Reading Time: 3 minutesUS: Airbnb has undergone another management reshuffle in preparation for the revival of its initial public offering [IPO] plans later this year. CEO and co-founder, Brian Chesky, this week confirmed in an internal meeting that Greg Greeley, head of Airbnb’s core rental accommodation business Homes, would be stepping down. In addition, head of Experiences, Catherine […]
Airbnb officially acquires HotelTonight
Reading Time: 2 minutesWorldwide: Airbnb has announced it has completed the acquisition of hotel-booking service HotelTonight. The completion of the acquisition comes after news first filtered through five weeks ago about the proposed deal. It coincides with a period of rapid growth for HotelTonight. In the first quarter of this calendar year, the number of room nights booked […]
Airbnb announces Series E investment in OYO
Reading Time: 3 minutesWorldwide: Airbnb has confirmed it has invested in OYO Hotels & Homes’ Series E funding, which is reported to be worth between $100 million and $200 million. The US-based rental platform has not disclosed the amount or terms of the Series E investment publicly, which was announced back in September. Up to this point, OYO […]
Airbnb buys Danish meeting booking site Gaest
Reading Time: 2 minutesDenmark: Airbnb has acquired Danish booking site Gaest to help business people book off-site spaces for meetings and events. The companies did not disclose the terms of the deal. Gaest, which offers meeting spaces for rentals by the hour or day, was founded in 2015 in Aarhus, Denmark, and has disclosed $3.5 million in fundraising. […]
Airbnb adds new hotel category and filter to push visibility on its website
Reading Time: 2 minutesWorldwide: Airbnb is to promote its hotel business by featuring a “Boutique Hotels” category on the main landing page and by including hotels in its space type filter. On the homepage, Boutique Hotels is found next to the Entire Homes and Airbnb Plus categories in the “More ways to stay in 2019” section. The placement […]
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 […]
Thailand’s seniors become the world’s most active Airbnb hosts and guests
Reading Time: 2 minutesThailand: Thailand seniors (over the age of 60) account for the highest proportion of senior guests on Airbnb, according to recent research. Across Thailand, the number of seniors who have booked on the platform grew by 61.69 per cent over the last year and that figure is expected to rise further as a quarter of […]