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Tag Archives: Airbnb

Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies

Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies

Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies Another host, Anthony Farmer, filed a proposed class-action lawsuit against Airbnb in U.S. District Court for the Northern District of California in November. The suit, which is attempting to override Airbnb’s arbitration terms, accuses the company of breaching its contract and fiduciary …

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Airbnb Tops $100 Billion on First Day of Trading

Airbnb Tops $100 Billion on First Day of Trading

Airbnb Tops $100 Billion on First Day of Trading Airbnb Tops $100 Billion on First Day of Trading SAN FRANCISCO — Over the last decade, Airbnb has upended the travel industry, riled regulators, frustrated local communities and created a mini-economy of short-term rental operators, all while spinning a warm narrative of belonging and connection. On Thursday, Airbnb sold investors on …

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Airbnb Prices I.P.O. at $68 a Share

Airbnb Prices I.P.O. at $68 a Share

Airbnb Prices I.P.O. at $68 a Share Airbnb Prices I.P.O. at $68 a Share Airbnb priced its initial public offering on Wednesday at $68 a share, selling 51.5 million shares for $3.5 billion and valuing the home rental company at $47 billion. It is the largest I.P.O. of the year. It was a far higher price than the company had …

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Airbnb Stock Might Sound Cool …

Airbnb Stock Might Sound Cool …

Airbnb Stock Might Sound Cool … Airbnb Stock Might Sound Cool … This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. A dirty secret of initial public offerings is that even the coolest ones may make only a handful of people rich — and it may not be regular people, employees …

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Airbnb seeks valuation of nearly $35 billion in I.P.O.

Airbnb seeks valuation of nearly $35 billion in I.P.O.

Airbnb seeks valuation of nearly $35 billion in I.P.O. Airbnb seeks valuation of nearly $35 billion in I.P.O. Airbnb is trying to ride the soaring stock market to a comeback. The home rental start-up said on Tuesday that it intends to sell shares at between $44 and $50 each in its initial public offering, valuing it as high as nearly …

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Airbnb Reveals Falling Revenue, With Travel Hit by Pandemic

Airbnb Reveals Falling Revenue, With Travel Hit by Pandemic

Airbnb Reveals Falling Revenue, With Travel Hit by Pandemic Airbnb Reveals Falling Revenue, With Travel Hit by Pandemic SAN FRANCISCO — Airbnb, the home rental service that disrupted the travel industry and was itself disrupted by the coronavirus, took a major step toward one of the year’s largest initial public offerings when it revealed declining revenue and growing losses in …

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The Future of Airbnb – The New York Times

The Future of Airbnb - The New York Times

The Future of Airbnb – The New York Times The Future of Airbnb – The New York Times Before the launch, the company shared the new tool with San Francisco’s Office of Short-Term Rentals. “They’re pretty positive about it and hopeful this will definitely improve their ability to get bad actors off the platform,” said Jeffrey Cretan, a spokesman for …

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Airbnb, a ‘Sharing Economy’ Pioneer, Files to Go Public

Airbnb, a ‘Sharing Economy’ Pioneer, Files to Go Public

Airbnb, a ‘Sharing Economy’ Pioneer, Files to Go Public Airbnb, a ‘Sharing Economy’ Pioneer, Files to Go Public SAN FRANCISCO — Airbnb said on Wednesday that it had confidentially filed to go public, taking a key step toward one of the largest public market debuts in a generation of “sharing economy” start-ups. A public offering by the company, which lets …

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The Pandemic Is Straining Airbnb

The Pandemic Is Straining Airbnb

The Pandemic Is Straining Airbnb The Pandemic Is Straining Airbnb This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. Airbnb promised to turn homeowners into entrepreneurs, a vacation spot into a home and a company into a family. Then the pandemic froze travel, Airbnb’s sales dried up and it fired a …

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Airbnb Was Like a Family, Until the Layoffs Started

Airbnb Was Like a Family, Until the Layoffs Started

Airbnb Was Like a Family, Until the Layoffs Started Airbnb Was Like a Family, Until the Layoffs Started An Airbnb spokesman said that the groups focused on user safety were the same size as before the layoffs and that the company assessed its support staffing levels daily. “Brian has always made clear that safety is our priority,” he said. During …

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