AIRBNB LISTINGS
'Home Alone' house is expected to fetch $5 mn at US auction!
The "Home Alone" house, in the Chicago suburbs, is on the market for $5.25 million, according to a Zillow listing. "It's a chance to own a piece of cinematic history," said the listing, which went live on Friday. The house was last sold in 2012 for $1.59 million.
India's first time millennial, Gen Z bookers present a vast, untapped opportunity: Nathan Blecharczyk, Airbnb co-founder and chief strategy officer
Airbnb in India saw a 30% increase in bookings in 2023, emphasizing unique stays. Nathan Blecharczyk highlighted collaborations to boost local tourism, targeting millennials and Gen Z. The company reported $2.2 billion revenue in Q4 2023.
India among fastest-growing markets with potential to be among top 10: Airbnb CBO
Airbnb sees India as a key market aiming for a top 10 global position with investments and significant growth. The platform caters to Indian travelers' interest in both domestic and international destinations, supporting unique experiences like stays at Bollywood actor Janhvi Kapoor's home.
Janhvi Kapoor's Chennai home now listed on Airbnb: Check out other celebs renting out their mansions
Bollywood actress Janhvi Kapoor's childhood home in Chennai, once owned by her late mother Sridevi, is now available for an exclusive stay on Airbnb's Icons category. Guests can immerse themselves in luxury, enjoy authentic South Indian cuisine, and experience personalized hospitality, making it a unique opportunity to step into the world of Bollywood glamour.
Solar eclipse boosts travel as Americans chase rare celestial event
The upcoming solar eclipse drives high demand for lodging and travel in the United States. Airbnb, AirDNA, and Hertz report significant surges in bookings and prices, with international visitors flocking to witness the celestial event.
Help! My London rental apartment vanished and I’m out $3,100: What to do if you fall for a 'suspicious listing'
Booking.com, as does Airbnb and Vrbo, restricts hosts and guests from exchanging contact information before a reservation is made, but does generally allow hosts and guests to exchange contact information afterward, even as they encourage users to keep communication on the platform.
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Guests invited by Christina Aguilera to join her for an Airbnb stay in Las Vegas
Christina Aguilera, an American actress and singer–songwriter is in the midst of a new Las Vegas show. She is inviting guests for a two-night stay at a luxurious Airbnb house off the Strip.
Airbnb sees Q1 revenue above Street estimates on strong international travel
The San Francisco-based company expects revenue between $2.03 and $2.07 billion, compared with the average LSEG estimate of $2.03 billion.
Starting April, you will have to pay more for your Airbnb if you pay in a different currency from listing
Airbnb plans to raise the guest service fee for cross-currency bookings to drive growth in international markets. Starting April 1, guests will be charged an additional fee of up to 2% if they pay in a different currency. This will bring the guest service fee to a maximum of 16.5% of the subtotal.
Welcome to Hochatown, the town created by Airbnb
Before the pandemic, Hochatown had roughly 400 cabins for rent on Airbnb. There are now more than 2,400 -- a staggering 413% increase in five years, according to AirDNA, a short-term rental business site that tracks Airbnb data. In September, the town collected its first month's sales tax, totaling $456,000, and hopes to eventually reap as much as $1 million in tax revenue a month.
Airbnb CEO urges Parisians to put homes up for rent for Olympics
Airbnb, which became an Olympic partner in 2019, is dealing with pushback from local authorities across the world amid competition between short-stay holiday rentals and longer term rentals for residents. Chesky said it would be made clear to hosts that the listings with the best value for money would be given priority for search results.
Shrek's Swamp in Scotland: Airbnb to start long weekend stay with 'Donkey'. Check booking date, key details
Airbnb is starting Shrek's Swamp in Scotland and enthusiasts can enjoy the enchanting world of the beloved animated classic Shrek's Swamp.
Gwyneth Paltrow's Montecito guest house on Airbnb: Check facilities, where to book
Gwyneth Paltrow treated her followers to a video tour of her beautiful home, showcasing a relaxing soaking tub, a cozy wood-burning fireplace, a serene backyard, and a spacious swimming pool.
Once an evangelist for Airbnbs, she now crusades for affordable housing
For Price, 27, and other young entrepreneurs of color, online short-term rental platforms like Airbnb and Vrbo represented a path to building wealth on their own terms. With an excellent credit score and minimal startup capital — a primary barrier for people in this demographic — a professional Airbnb host could amass a stable of apartments on long-term leases, then turn around and rent those properties on a nightly basis to vacationers.
Airbnb forecasts fewer bookings, lower prices in Q2; shares slump
The company's gross booking value increased 19% to $20.4 billion in the first quarter from a year earlier, in line with a 19% increase in nights and experiences bookings to 121 million. Average daily rates were flat year-on-year at $168.
Airbnb posts $117 million profit, but 2Q outlook disappoints
Airbnb reported a $117m profit in Q1 as revenue increased by 20% to $1.82bn. However, while the figures beat analysts’ forecasts, shares in the company fell by almost 12% after it predicted second-quarter bookings and revenue growth would be less than a year earlier. In Q1, the number of nights and experiences booked rose by 19% to 121 million with Airbnb's gross value of bookings worth $20.4bn. The weak outlook for Q2 overshadowed what was Airbnb's first profitable first quarter and CEO Brian Chesky said he is increasingly concerned that rising prices could deter some customers.
ETtech Interview | India to be one of our biggest growth markets this decade: Airbnb CEO Brian Chesky
In an exclusive interview with ET, CEO and cofounder Brian Chesky spoke about India being one of the biggest growth markets of this decade, the launch of Airbnb Rooms and sweeping new upgrades based on community feedback, global inflationary pressures and their impact on travel and bouncing back from the Covid-19 pandemic.
Exclusive: Airbnb’s Brian Chesky on India’s potential; over 50% staff at Indian unicorns seeking jobs
Bouncing back from Covid-19, Airbnb in 2022 saw a 70% growth in overnight bookings in India, one of its biggest markets, CEO Brian Chesky told us in an exclusive chat. This and more in today’s ETtech Morning Dispatch.
New data from Airbnb says hosts in India collectively made over Rs 100 crore from bookings with families last year
Airbnb has reported that family travel in India surged by over 90% in 2021 compared to pre-pandemic levels in 2019, with hosts earning more than INR 100 crores collectively last year. The company stated that families may have opted to book Airbnb listings due to the value and spaciousness offered compared to hotel rooms. Globally, family travel on Airbnb rose over 60% in 2022 compared to 2019, accounting for over 15 million check-ins in nearly 90,000 destinations. The top 10 family travel destinations in India on the platform were Goa, Bengaluru, Pune, Hyderabad, Dehradun, Jaipur, Raigarh, Ernakulam, New Delhi, and Nainital.
Airbnb shares surge as Wall St cheers strong forecast, cost controls
Though Airbnb flagged pressures on average daily rates through the year due to higher bookings from less pricier urban areas and regions like Latin America, Atlantic Equities said overall travel demand should translate into strong financial performance
US treasury, financial watchdogs, companies among FTX creditors: filing
The US Treasury's Financial Crimes Enforcement Network (FinCEN) and US Internal Revenue Service (IRS) are among those owed money by FTX.
Wanderlust 2022: Indians preferred Kerala to Goa; Himachal Pradesh & Uttarakhand among top scenic spots, reveals Airbnb data
While Dubai, Paris, Toronto and New York topped this year's cities search by Indians.
Airbnb launches service allowing American renters to host apartments
The move comes at a time when people are looking to earn additional income as higher food, transportation and housing expenses continue to squeeze household budgets, deepening the cost-of-living crisis in the country.
Exclusive: Airbnb saw 50% more bookings by Indians in Q3 2022, says cofounder Nathan Blecharczyk
“India has been one of our most important and fastest-growing major geographies,” co-founder and chief strategy officer Nathan Blecharczyk told ET’s Vinod Mahanta in an exclusive interview.
AirBnb launches new upgrades
Over the past year, more than 30 million people have visited Airbnb to learn about hosting. “Airbnb was born during a recession. Joe and I couldn’t afford to pay our rent, so we inflated three air mattresses and created an AirBed & Breakfast. Soon, people all around the world joined us,” said Brian Chesky, CEO and Co-Founder of Airbnb.
Airbnb reports sunny summer as travel rebound persists
In the third quarter, the home rental platform saw its net profit climb 46 percent year-over-year to $1.2 billion -- a result that would have been even higher without the negative impact of foreign exchange rates, the California-based company said.
ETMarkets Smart Talk: Indians buying Disney, Airbnb; US IPOs still far fetched, says Viram Shah
"Vested Finance enables Indian investors to put money in the US markets. Now, through our affiliated entity – VF Securities – we are a FINRA-registered US broker-dealer"
Airbnb hosts are sick of Airbnb, too
Airbnb hosts have become increasingly disillusioned with the platform and its disrespectful guests.
Airbnb to close domestic business in China
All of Airbnb's mainland Chinese listings, homes and experiences, will be taken down by this summer
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