Airbnb’s Q2 revenue falls by almost 70%
Airbnb’s revenue fell by a reported 67 percent in the second quarter, as the startup weathered the fallout from a halt in global travel. The company’s quarterly revenue plunged to $335 million — down...
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Airbnb plans to file for IPO this month
Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, a move that would allow the peer-to-peer home-rental giant to potentially sell shares to the public before the end...
Airbnb has thousands of unregistered listings in LA, city charges
Thousands of Airbnb listings in Los Angeles were not registered, violating a sweeping ordinance the city passed last year...
Airbnb banked on short-term rentals. Can it continue without them?
Just over a year ago, Lyric was riding high. On the heels of a $160 million funding round led...
Airbnb executive to step down as startup revives IPO plans
Three weeks after detailing how Airbnb almost “lost everything” after the pandemic hit, CEO Brian Chesky is reviving plans...
Lisbon might have solved its Airbnb problem
The city of Lisbon launched a program this spring to get vacant short-term rental units back onto the long-term rental market, and landlords appear to be taking them up on it. The Portuguese capital...
Sonder raises $170M despite hospitality apocalypse
Hospitality startup Sonder has gone and raised $170 million, in the middle of an unprecedented hospitality downturn no less....
Airbnb agrees to give listing info to New York City
After more than a decade of war over home-rental listings, Airbnb and New York City have come to terms....
Domestic travel gives Airbnb a boost
The travel industry is beginning to show signs of life again, with city residents heading to nearby vacation rentals in droves. Airbnb saw more nights booked for its U.S. listings between May 17 and...
Long-term residents scooping up vacation rentals
A larger than usual number of vacation rental owners are looking to secure long term renters. At the same...
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