Airbnb introduces anti-party tech to crackdown on lively holiday goers PARTY IS OVER Airbnb has introduced new anti-party tools to help identify potentially high-risk reservations and stop them from making bookings.
Investors give Airbnb lukewarm reaction despite rental giant posting largest booking numbers ever airbnb 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 AIRBNB 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 [...]
Airbnb vows to home 100k refugees as Ukraine crisis continues February 28, 2022 Airbnb announced it would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine. Chief Executive Brian Officer Brian Chesky and Joe Gebbia, the chairman of the home rental company’s non-profit arm, said they have sent letters to leaders of Poland, Romania, Germany and Hungary offering help to house the refugees. Announcing the news via Twitter, [...]
Plans to require Airbnb-style rentals to obtain licence from local council Scotland move in Scotland November 23, 2021 New government proposals in Scotland will require properties that are used for short-term lets and Airbnb-style rentals to get licences from the council. Ministers want to tackle the growth of Airbnb-style rentals in popular tourist areas such as Edinburgh and will ask individual councils to set the requirements for granting a licence while allowing uncapped [...]
Airbnb reaps rewards of domestic travel boom with record sales November 4, 2021 Airbnb snagged record sales and earnings in its third quarter, beating analyst forecasts and signalling the domestic holiday boom seen in several countries amid pandemic restrictions. Revenue surged 67 per cent to $2.2bn, climbing past analyst estimates of $2.07bn, according to Bloomberg. The holiday rental platform secured $834m in net income in the period, soaring [...]
Airbnb likely to report soaring third-quarter results despite ongoing travel limits November 4, 2021 Airbnb is expected to report strong third-quarter earnings this evening, despite ongoing travel restrictions in some regions. The consensus EPS Estimate is $0.83 and the consensus Revenue Estimate is $2.06B. The property rental company has been in recovery mode since the pandemic, and the third quarter is normally the strongest period for Airbnb, covering the summer holiday [...]