Airbnb News
Airbnb shares soar following initial public offering
Shares in holiday rental company Airbnb have surged on their first day of public trading. At the close of the day, the organisation had a valuation of more than $100 billion.
Airbnb seeks $35bn valuation for stock market flotation
Airbnb is hoping to raise $2.5 billion in a long-awaited initial public offering. The rental company toyed with going public earlier in the year, but the plans were derailed by the Covid-19 pandemic.
Airbnb relaunches stock flotation in United States
Airbnb has rekindled plans to list on the stock market in the United States. The move comes as concerns over the impact of the coronavirus ease in some markets.
Airbnb to cut global workforce by a quarter
As demand for travel stalls, the company added it would scale back or halt newer initiatives, such as investments in hotels and luxury resorts and flights.
Airbnb secures $1bn in new credit to weather coronavirus storm
Airbnb has secured a further $1 billion in loans from institutional investors. The cash comes as the home rental site seeks to bolster is liquidity position in the midst of the Covid-19 pandemic.
Airbnb to limit UK accommodation to essential stays
The home rental company came in for criticism earlier this week, with stays seemingly being offered despite government calls for Brits to remain at home.
Airbnb wins new funding to battle Covid-19 downturn
Airbnb has secured $1 billion in additional funding as it seeks to weather a downturn in demand following the coronavirus pandemic. Demand has fallen by as much as 90 per cent in some markets as the world battles the outbreak.
Airbnb signs nine-year sponsorship deal with International Olympic Committee
The International Olympic Committee and Airbnb have announced a sponsorship agreement worth more than US$500 million. The deal will run for nine-years, through to 2028, and cover the next five Olympic and Winter Olympic Games.
Stay at Downton Abbey with Airbnb
For one night only, Highclere Castle will open its doors to two guests, giving super fans an opportunity to immerse themselves in the iconic location of Downton Abbey, and learn what life might have been like for the Crawleys.
Post Office identifies next city-break stars
Higher prices and over-tourism in European capitals may be leading growing numbers of UK holidaymakers to swap established favourites like Paris and Amsterdam for a new generation of little-known cities – according to a new city breaks review by Post Office Travel Money.
Airbnb launches new Adventures product
Airbnb Adventures is a new collection of bucket list worthy multi-day experiences hosted by local experts that take intimate groups to epic, off-the-beaten-path locations and immerses them in unique cultures and communities.
VisitBritain signs experiences-led partnership with Airbnb
The £500,000 match-funded partnership will work with businesses and destinations to promote local experiences to domestic and international visitors, and grow and broaden the range of experiences available.