Airbnb News | Oct 03, 2024

Airbnb plans to expand its long-term rental business due to increasing regulations on short-term rentals in major European cities...


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Airbnb

🌎 airbnb.com

Airbnb is an online platform that connects hosts who want to rent out their homes with guests looking for accommodations. Founded in 2007, it has grown to over 5 million hosts and has facilitated over 1.5 billion guest arrivals worldwide. The platform offers a variety of unique stays and experiences, allowing guests to connect with local communities authentically.


Updates as of Oct 03, 2024

  • Airbnb plans to expand its long-term rental business due to increasing regulations on short-term rentals in major European cities.
  • Georgetown will implement a permit system for Airbnb and Vrbo rentals starting November 1 to regulate the short-term rental market.
  • Airbnb CEO Brian Chesky announced plans to diversify revenue by launching two to three new business lines annually, starting with a new host service in October.
  • Airbnb CEO Brian Chesky announced plans to address overtourism through 'redistribution' and hinted at significant developments in Japan while leveraging movie culture to expand into new markets.
  • Ben Yuhas has joined Airbnb as the Director of Data Science, Martech and Customer Lifecycle in the United States, previously serving as the Director of Ad Measurement Science at Amazon.

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