The Airbnb IPO launched today, and promptly took off like a rocket. Shares closing at $144, giving the company a valuation of over $100 bn
Everyone needs their bogeyman. Airbnb really irritates the hotels. But mostly they have been ignoring Airbnb until they can’t ignore it anymore
To save money, Airbnb halted all its marketing activities at the end of March in order to save an estimated $800 million in 2020. In this, it’s not alone. It’s also wrong
Airbnb will share data on a quarterly basis which will allow public authorities to better understand the development of short-term rental platforms, and will support evidence-based policy decisions
Airbnb gained popularity due to lower pricing and demand for “authentic” experiences. However, after adding occupancy taxes and guest service fee, Airbnbs are not always cheaper than hotels.