Airbnb’s first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust — enough so that the firm is looking ahead to a “record” summer season, tied to sporting events such as the...
This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of totality” are witnessing unprecedented demand for lodging from eager consumers who want to see the...
Airbnb has expanded its City Portal to more than 430 jurisdictions worldwide over the past three years. Launched in 2020, the City Portal provides local governments and tourism organizations with insights into the Airbnb landscape and tourism trends in their communities, Airbnb said in a...
The great travel snapback continues, through digital channels, matching supply and demand for places to stay when getting away from it all. Airbnb noted in its results that the fourth quarter saw 98.8 million nights and experiences booked, up 12% from a year ago. As...
May 13, 2024
The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars. Pay and Be Paid Pillar Leads the Pack Pillar by pillar performance was mixed. Within the Pay and Be Paid segment, which gained 7.7%, Sezzle surged 65.9%. The company’s massive rally came on the heels of first quarter earnings, which […]
February 13, 2024
Just as banking-as-a-service (BaaS) and software-as-a-service (SaaS) have reshaped their respective industries, a new “as a service” model is emerging in the travel and tourism sector. This tourism-as-a-service concept aims...
November 03, 2023
The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover an alternate way to keep...
October 11, 2023
Brian Chesky says that Airbnb is broken and he’s going to fix it. New York City recently passed regulations that all but gave them the boot. Meanwhile, guests are griping —...
April 07, 2024
This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of totality” are witnessing unprecedented demand for lodging from eager consumers who want to see the total solar eclipse, which will happen Monday (April 8). Airbnb […]
February 22, 2024
Airbnb has expanded its City Portal to more than 430 jurisdictions worldwide over the past three years. Launched in 2020, the City Portal provides local governments and tourism organizations with...
January 26, 2024
Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their listing. This additional amount for...
December 11, 2023
Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging plans to offer this alternative...