Airbus and Qatar settle A350 jetliner row February 1, 2023 Airbus and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said today, averting a potentially damaging UK court trial. The “amicable settlement” ends a $2bn row over the safety of Europe’s premier long-haul jet – an unprecedented public rift that had led Airbus to revoke dozens of other [...]
EU sets eyes on Airbnb in latest data regulation push November 3, 2022 After taking on Big Tech in a swathe of new laws, European regulators are now setting their sights on the short-term home rental industry.
Revolut launches Homes feature to take on Airbnb October 19, 2022 Fintech giant Revolut has unveiled a new holiday home rental feature today as it looks to broaden its reach in the travel market and snap up market share from Airbnb.
Airbnb introduces anti-party tech to crackdown on lively holiday goers August 17, 2022 Airbnb has introduced new anti-party tools to help identify potentially high-risk reservations and stop them from making bookings.
Airbnb’s adolescence will be defined by its ability to grow August 12, 2022 Airbnb has grown into its adolescence, but it has challenges ahead to keep communities on board.
Investors give Airbnb lukewarm reaction despite rental giant posting largest booking numbers ever August 3, 2022 Airbnb posted weaker-than-expected results for the second quarter as the rental firm struggles to please investors.
All eyes on Airbnb to drag tech world back up August 1, 2022 After a rocky set of results for Silicon Valley titans, tech platforms will be keeping a close eye on Airbnb's second quarter results scheduled to drop tomorrow evening.
Government to review short term holiday lets like Airbnb in tourist hotspots June 29, 2022 The UK government said on Wednesday it was launching a review into short term rentals in popular tourism areas in England, including Airbnbs. Ministers said they wanted to support rental platforms like Airbnb but acknowledged concerns that such businesses could drive communities out of their area – for example if landlords opt to run their [...]
Airbnb make global ‘house party’ ban permanent June 28, 2022 Airbnb confirmed this morning that its party ban for hosts and guests would be a permanent fixture for holiday goers. The firm said that disruptive parties and events will continue to be banned, including open-invite gatherings, as well as “chronic party houses”: scuppering fun for many party animals across the country. The property rental platform [...]
Airbnb anticipates ‘strong sustained pent up demand’ as results beat analyst expectations May 4, 2022 Airbnb has posted record quarterly results and beat estimates as holidaymakers are keen to get away after lockdown measures have eased. First quarter revenue shot up 70 per cent from the year prior, despite the company noting “macroeconomic headwinds,” war in Ukraine and the pandemic. Revenue hit $1.5bn and exceeded its pre-pandemic comparable by 80 [...]