• 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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  • ITB Berlin: e-Travel World 2020 will bring digital transformation for its exhibitors

    Published on : Wednesday, December 18, 2019

    ITB Berlin will bring a huge transformation to the travel and tourism industry. Artificial Intellegence , wide-ranging messaging services, online booking systems, new payment solutions and intelligent hotel apps – the travel industry has numerous instruments which it must use …

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  • Airbnb signs agreement with IOC for major global Olympic Movement

    Published on : Tuesday, November 19, 2019

    The International Olympic Committee (IOC) and Airbnb announced a significant agreement to support the Olympic Movement through to 2028. The nine-year, five-Games partnership is designed to create a new standard for hosting that will be a win for host cities, …

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