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India among fastest-growing markets with potential to be among top 10, says Airbnb CBO, Dave Stephenson

India among fastest-growing markets with potential to be among top 10, says Airbnb CBO, Dave Stephenson

Thu, May 02, 2024

The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs.

Stocks muted by Middle East conflict, central bank meetings

Stocks muted by Middle East conflict, central bank meetings

Mon, Oct 30, 2023

Japan's Nikkei fell 0.95 per cent amid speculation the Bank of Japan might tweak its yield curve control policy after its two-day policy meeting wraps up on Tuesday.

Airbnb forecasts upbeat revenue as international travel rebounds

Airbnb forecasts upbeat revenue as international travel rebounds

Fri, Aug 04, 2023

Airbnb revenue growth: Airbnb (ABNB.O) forecast third-quarter revenue above market estimates on Thursday, but industry fears of softening U.S. domestic demand sent the vacation rental firm's shares down 1.2 per cent in after-hours trading.

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Airbnb inks pact with tourism ministry to promote heritage stays, cultural tourism

Airbnb inks pact with tourism ministry to promote heritage stays, cultural tourism

Mon, Jun 19, 2023

The company will partner the ministry in its vision to promote inbound tourism as a part of its 'Visit India 2023' initiative and under the MoU, it will launch a dedicated 'Soul of India' microsite for the global audience showcasing India's rich culture and built heritage, Airbnb said in a regulatory filing.

Airbnb sues New York City over short-term rental restrictions

Airbnb sues New York City over short-term rental restrictions

Fri, Jun 02, 2023

City councils around the United States are increasingly introducing ordinances to regulate short-term rentals.

Airbnb to ban people linked with prohibited guests

Airbnb to ban people linked with prohibited guests

Thu, Mar 02, 2023

In a statement, the company said that it does sometimes prohibit users if it finds that they "are likely to travel" with someone else who has already been banned, however, it is still unclear when this practice started or how frequently it happens.

Booking via Airbnb? Look for smiling women hosts in photos

Booking via Airbnb? Look for smiling women hosts in photos

Thu, Feb 27, 2020

A high-resolution shot of an elderly female host who is smiling is more likely to attract Airbnb guests than will photos of young hosts.

Airbnb hosts in India earned Rs 190 crore in 2018

Airbnb hosts in India earned Rs 190 crore in 2018

Mon, Jul 08, 2019

Airbnb hosts in India collectively earned almost Rs 190 crore and welcomed approximately eight lakh guests in 2018, the company said on Monday. Overall, accommodation rental business Airbnb had an estimated direct economic impact of approximately Rs 1,035 crore in India in one year.

Airbnb to invest $100-200 million in OYO - What we know so far

Airbnb to invest $100-200 million in OYO - What we know so far

Mon, Apr 01, 2019

Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO.

Airbnb invests in OYO's series E funding round

Airbnb invests in OYO's series E funding round

Mon, Apr 01, 2019

The company bought HotelTonight last month, an app for finding hotel rooms at a discount, with an eye on a variety of travellers ahead of a hotly anticipated initial public offering.

India is one of the fastest-growing emerging markets for Airbnb: Blecharczyk

India is one of the fastest-growing emerging markets for Airbnb: Blecharczyk

Fri, Feb 22, 2019

Online accommodation platform major Airbnb Friday said India is one of the fastest-growing emerging markets for the company as it unveiled its 'Plus Homes' range in India.

Oyo, MakeMyTrip, Airbnb, other online travel aggregators can't do this; Government makes guidelines - Details here

Oyo, MakeMyTrip, Airbnb, other online travel aggregators can't do this; Government makes guidelines - Details here

Sat, Dec 08, 2018

The Ministry of Tourism has formulated guidelines for approval/re-approval of Online Travel Aggregators (OTAs) to make sure that there are adequate safeguards against deficiency of service, alternate arrangements if needed and punitive deterrence.

Airbnb partners with NCW to create opportunities for women in North East

Airbnb partners with NCW to create opportunities for women in North East

Mon, Jun 11, 2018

The partnership aims to generate technology-enabled livelihood opportunities in tourism and hospitality for women micro-entrepreneurs in the North East, and help families supplement their income through home-sharing on a global platform,

Uber to Airbnb, with consumers as prime focus, how digital brands come up with quick solutions

Uber to Airbnb, with consumers as prime focus, how digital brands come up with quick solutions

Wed, Apr 25, 2018

The advent of digital age has spawned huge choices for consumers, with many brands such as Uber, Airbnb earning trust of consumers in short time against the grind brick and mortar brands have to put. The question here: what makes these digital brands so successful? The answer is in the way they treat the consumers.

Airbnb acquires Accomable to offer home rentals for disabled travelers

Airbnb acquires Accomable to offer home rentals for disabled travelers

Thu, Nov 16, 2017

Airbnb said on Thursday it acquired London startup Accomable to expand home-renting opportunities for people with disabilities, the latest expansion as Airbnb grows its global travel business.

Ola Cabs, Instacart, Airbnb accounted for 74% of funding in on-demand start-ups in Q1

Ola Cabs, Instacart, Airbnb accounted for 74% of funding in on-demand start-ups in Q1

Sat, Apr 22, 2017

The on-demand sector raised approximately $1.6 billion over 50 deals in Q1 2017.

Airbnb looks to create 50,000 entrepreneurs in India over next 2 years

Airbnb looks to create 50,000 entrepreneurs in India over next 2 years

Mon, Mar 20, 2017

Brian Chesky further said, “India is transformative. I look forward to working with PM Modi to share India's magic with our community around the world.”

Airbnb launches 'Trips' in India for unique travel experiences

Airbnb launches 'Trips' in India for unique travel experiences

Mon, Mar 20, 2017

Airbnb Trips will offer locals and visitors alike the chance to immerse themselves in the people, places and experiences that make the city unique, he added.

Less than 2% startups reach the coveted 'unicorn' status

Less than 2% startups reach the coveted 'unicorn' status

Fri, Feb 24, 2017

What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.

US brands use ads to voice out opposition against President Trump's immigrant ban

US brands use ads to voice out opposition against President Trump's immigrant ban

Tue, Feb 07, 2017

President Trump's 'Muslim Ban' has drawn the ire of the US brands which have taken to voice their opinions through their ads.

Muslim Ban: Here's a list of 14 CEOs against Trump's immigration ban and their letters, Tweets

Muslim Ban: Here's a list of 14 CEOs against Trump's immigration ban and their letters, Tweets

Mon, Jan 30, 2017

The executive order signed by President Donald Trump on Friday banning immigrants from several countries and temporarily shunning green card holders coming from those places received mass ridicule from many chief executive officers (CEOs).

E-commerce start-ups globally still hold the lead in 'unicorn' race

E-commerce start-ups globally still hold the lead in 'unicorn' race

Thu, Jan 19, 2017

The current number of unicorn start-ups in the world stand at 186 and are collectively worth around $656 billion.

Airbnb backs off fight with governments, offers policy suggestions

Airbnb backs off fight with governments, offers policy suggestions

Thu, Dec 08, 2016

In a moment of peace-making with regulators, Airbnb on Wednesday released a set of policy suggestions for governments that are considering new laws for home- and apartment-renting.

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