Airbnb plans to invest up to $250m into the business with the “bulk” to be invested in marketing and product development.
Airbnb claimed to have made marketshare gains against hotels in 2024, and to be doing likewise in its competition with Vrbo.
On Jan. 7, after California Gov. Gavin Newsom declared a state of emergency in Los Angeles County, rent hikes of more than 10% were prohibited by the state’s price gouging law. Since then, California ...
Airbnb has warned holidaymakers to stay vigilant over an alarming scam costing victims £1,937 on average. New research by the ...
Airbnb Inc (ABNB) reports a 12% revenue increase and outlines plans for new business investments amid market challenges.
UBS raised the firm’s price target on Airbnb (ABNB) to $160 from $143 and keeps a Neutral rating on the shares. UBS see near-term margin ...
Airbnb stock soared Friday after the homestay and experiences platform beat fourth-quarter revenue and earnings expectations.
Airbnb is planning to re-release Experiences across over 100 cities in May 2025, potentially boosting app usage and revenue.
Good afternoon and thank you for joining Airbnb's earnings conference call for the fourth quarter of 2024. As a reminder, this conference call is being ...
The S&P 500 ticked lower by less than 0.1% on Friday, Feb. 14, as retail sales data revealed a retreat in consumer spending ...
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Airbnb outlines 2025 growth strategy with $200M-$250M investment in new offeringsMertz shared plans to invest $200 million to $250 million in 2025 to launch and scale new businesses, with the bulk of the spending concentrated in the first nine months of the year. Airbnb expects Q1 ...
CEO and Chairman, Brian Chesky, recently sold a significant portion of his holdings in the company. According to a recent SEC ...
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