Airbnb

Airbnb

Image courtesy of Airbnb

About: Airbnb is a website that brokers lodging. It allows those with homes, rooms, or apartments to offer these spaces to tourists or those looking for temporary housing. It facilitates this transaction for customers although it does not own or manage any of the properties it advertises.

Headquarters: San Francisco California

Founded in: 2008

Founded by: Brian Chesky, Joe Gebbia, and Nathan Blecharczyk

Airbnb Q&A

Where does Airbnb operate?
Airbnb was founded in 2008 in San Francisco by roommates struggling to make rent. The founders received venture funding which allowed them to grow their platform. The nature of the site allows "hosts" to rent out apartments, houses, or rooms by posting pictures of the space and writing a description, which makes the format usable nearly everywhere. Airbnbs are now available on six continents. They have a number of international offices.
What is Airbnb known for?
Airbnb gained interest from venture capitalists in the winter of 2009, when startup incubator Y Combinator provided $20,000 in exchange for a small interest share. They received seed money from Sequoia Capital in April of that year, and have since raised more than $3B in funding. It has experienced several controversies, which range from negative guest and host experiences to discrimination to criticism that it has decreased housing affordability.
Why is Airbnb significant to the real estate industry?
Since it can be used as an alternative to hotel stays, Airbnb has affected the hotel industry. Accusations that Airbnb's presence in a neighborhood increases average rents caused controversy for the company and the real estate industry and indicate that it has also had an affect over the residential market. The company has lobbied against local governments that seek to limit Airbnb's spread in their areas.
Want to learn more about Airbnb?
Check out our Top Stories below for TRD’s most up-to-date coverage of Airbnb.

Airbnb Top Stories

August 19, 2019The city’s crackdown on Airbnb has claimed three more Manhattan buildings.
July 9, 2019A Brooklyn Airbnb host who claimed he was unfairly targeted by the city in retaliation for his advocacy will move forward with a civil rights lawsuit after a U.S. District Court judge dismissed some of his claims but declined to throw out the suit in full.
June 26, 2019On Tuesday, Airbnb announced it was rolling out Airbnb Luxe, a vertical featuring properties that rent for $1,000 or more per night.

The Latest

Coxsackie mayor Mark Evans (Village of Coxsackie, Getty)
Tri-State

Another Hudson Valley village halts short-term rentals

One town at a time, short-term rental operators are becoming personae non gratae in the Hudson Valley. Coxsackie, a...

Another Hudson Valley village halts short-term rentals
Airbnb's Brian Chesky (Getty)

For Airbnbs, Albany is still the Wild West

Regulation of short-term rentals has been beefed up in New York City and introduced in various upstate and Long Island towns, but New York’s capital remains the Wild West for Airbnbs. For the first...

For Airbnbs, Albany is still the Wild West
Ace Frehley and 29 Tito Lane, Wilton, CT
National Weekend Edition

Former CT home of Ace Frehley available for rent on Airbnb

KISS fans’ tears will not be falling upon hearing they have the chance to stay in the former Connecticut...

Former CT home of Ace Frehley available for rent on Airbnb
Jerry Seinfeld with the Seinfeld and Friends Rentals (Airbnb, Getty)
Weekend Edition

The sitcom-themed Airbnbs about nothing

In Cincinnati, Airbnb users can get a taste of a pair of classic sitcoms — no Newmans allowed. Brenda and Otto Baum designed the Sitcom Suites in their Pleasant Ridge neighborhood, CityBeat reported. The...

The sitcom-themed Airbnbs about nothing
(Illustration by The Real Deal with Getty)
National Weekend Edition

New England town’s Airbnb hosts balk at new fee

Freedom isn’t free, but neither is the nettlesome business of policing short-term rentals. To defray the cost of monitoring...

New England town’s Airbnb hosts balk at new fee
(Photo Illustration by The Real Deal with Getty)
National Weekend Edition

Bad times at Airbnbs: Quadruple stabbing, fraudulent listing

Two incidents around the holiday season have plagued Airbnb. In Marshall, North Carolina, four people were stabbed at 183...

Bad times at Airbnbs: Quadruple stabbing, fraudulent listing
Frodo with Hobbiton (Hobbiton, Getty)
Weekend Edition

Live like a Hobbit through Airbnb

Filled with leisure time and seven meals a day, author J.R.R. Tolkienthe portrays a pretty sweet life for Hobbits. Now, you can live your best Hobbit life in Hobbiton without visiting Middle Earth, but...

Live like a Hobbit through Airbnb
Airbnb's Brian Chesky and Mayor Eric Adams (Getty) 

New rules could help landlords avoid Airbnb fines

There are few things that landlords, tenants and elected officials agree on, but they have unified against a common...

New rules could help landlords avoid Airbnb fines
Airbnb co-founder and CEO Brian Chesky (Photo Illustration by Steven Dilakian for The Real Deal with Getty)
National

Airbnb recruits multifamily landlords for short-term sublets

Airbnb is partnering with multifamily landlords to bring short-term rentals out of the shadows at designated properties. The company...

Airbnb recruits multifamily landlords for short-term sublets

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