Airbnb

  • Airbnb announced a quarter of job cuts

    Published on : Friday, May 8, 2020

     Airbnb is recalibrating in the wake of the coronavirus pandemic and cutting a quarter of its staff around the world and it is expected some 1,700 roles from a total of 7, 500 will go. The demand for travel has …

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  • GlobalData says, Airbnb could lose significant portion of host community to long-term rental sites

    Published on : Saturday, April 18, 2020

    Recently the Airbnb hosts around the world have been losing the vast majority of their bookings and they need a reliable form of income sooner rather than later. GlobalData says that a growing number of hosts have deleted their Airbnb listings …

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  • Airbnb secures additional $1 billion in loans

    Published on : Thursday, April 16, 2020

    Airbnb recently secured another $1 billion in loans from institutional investors. The cash arrives amid the coronavirus pandemic as the company seeks to boost its liquidity position. The accommodation service body said in a statement that the new resources will …

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  • Airbnb to restrict U.K. bookings

    Published on : Friday, April 10, 2020

    Due to the coronavirus pandemic  Airbnb will restrict UK bookings to keyworkers and “essential stays”.   Earlier this week, home rental company came in for criticism earlier with stays seemingly being offered despite government calls for Brits to remain at home. …

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  • Airbnb U.K. restricts accommodation to keyworkers

    Published on : Friday, April 10, 2020

    Leading accommodation providing platform Airbnb has decided to limit its accommodations and bookings in the U.K. All bookings in the U.K will now be limited to “essential stays”. Only keyworkers working to provide any essential services can book rooms and …

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  • Airbnb’s bookings slumped

    Published on : Saturday, April 4, 2020

    In view of the pandemic Airbnb may become obsolete depending on recovery of tourism after the Covid-19 crisis. The app connected fly-by-night tourists and short-term renters over the past decade to cozy lofts and five-star experiences morphed into a gig-economy …

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  • Airbnb to invest US$250 million to support hosts amid COVID-19 crisis

    Published on : Wednesday, April 1, 2020

    Airbnb’s co-founder, CEO and Head of Community, Brian Chesky recently decided to take necessary actions to support Airbnb hosts as they battle through the COVID-19. He also provided an update on Airbnb’s Extenuating Circumstances policy. The company has declared that …

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  • Airbnb sees booking collapse by 40%, loses $276 million in the Q4

    Published on : Friday, March 13, 2020

    In the fourth quarter Airbnb nearly doubled the size of its losses which was before coronavirus upended the global economy and daily life in places across the world.   Airbnb was preparing to go public in 2020 and in the …

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  • Airbnb Partners with Sahapedia for the 3rd Edition of India Heritage Walk Festival

    Published on : Friday, January 31, 2020

    Building on Airbnb’s commitment to boost sustainable tourism by offering unique Experiences in India, Airbnb today announced its collaboration with Sahapedia for its third edition of the award-winning, multi-city, India Heritage Walk Festival (IHWF) – an initiative focussed on celebrating …

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  • Airbnb and Bahamas National Trust stresses on sustainability issues

    Published on : Tuesday, January 28, 2020

    Airbnb and the Bahamas National Trust, a local NGO that protects 32 national parks in the country, are offering five participants the life-changing opportunity to take time away from the everyday grind to live in an ecological oasis with the …

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