Airbnb doubles bookings

Source: Getty
US home rental site Airbnb said yesterday it had seen a dramatic rise in bookings in the last five months. The number of nights booked on its site has doubled to 10m as the number of properties listed also doubled to 200,000. Brian Chesky, Airbnb’s chief executive, has highlighted international expansion as the reason for this growth. The San Francisco based company recorded revenues of $112m (£71.2m) last year and as a result the company opened offices in London, Paris, Barcelona, Milan, Moscow, Copenhagen and Sao Paulo.