After a strong performance over the summer, Airbnb is gearing up for possible impacts of the Delta variant in the fall and stagnating COVID vaccination numbers.
Brian Chesky offered aspiring entrepreneurs a word of advice: Favor who you do it with over the idea.
Not only is the gulf between employee and executive pay widening, but executive compensation skyrocketed in 2020.
Airbnb's average rates grew 35% during the first quarter. Executives said the increase is thanks to rentals of larger homes away from urban centers.
The chief executive of the home-rental platform Airbnb said: "[W]e think there's going to be a travel rebound coming that's unlike anything we've ever seen."
The cofounder also chatted with author Dan Schawbel about his best career advice and how his parents' influence helped shape his company.
Airbnb is still riding out the COVID-19 storm that ultimately decimated the travel industry, but the company predicts a return in travel this year.
Airbnb ditched “hands-off” moderation earlier than rivals, CEO Brian Chesky told Bloomberg Thursday. The company addressed issues more quickly because customers got “physically hurt,” Chesky said. Chesky also explained why Airbnb has responded more strongly to racism and the Capitol attacks. Visit Business Insider’s homepage for more stories. Airbnb CEO […]
On Tuesday, Airbnb pledged that one in five of its US employees will be from underrepresented minorities, and half of its entire global workforce will be women, by late 2025. “We are nowhere near satisfied with the status quo,” Airbnb said in a statement as it unveiled its new diversity […]
Airbnb’s founding trio have seen up to $US9 billion erased from their combined net worth since their company’s IPO last Thursday. The home-rental platform’s stock price peaked at $US165 during its trading debut, valuing CEO Brian Chesky’s 76.5 million shares at $US12.6 billion, and directors Nathan Blecharczyk and Joe Gebbia’s […]
Airbnb’s highly anticipated initial public offering is set to take place on Thursday, and its stock is already indicated to open at more than double what Airbnb priced its shares at. The news surprised CEO Brian Chesky so much, he was momentarily speechless during an interview with Bloomberg TV’s Emily […]
Airbnb will officially become a publicly traded company on Thursday. In lieu of ringing the opening bell at the NASDAQ, Airbnb created an ad featuring some of its over 4 million hosts ringing the doorbells of their homes. The hosts hail from countries in every time zone worldwide, including in […]
Airbnb made its initial-public-offering filing available to the public on Monday, revealing exactly how the pandemic had devastated its business. The company reported nearly $US700 million in losses in the first nine months of 2020, more than double its losses for the same period in 2019. While Airbnb made some […]
Home-sharing company Airbnb filed for its initial public offering on Monday afternoon. The “Risk Factors” section of the document highlights how hard the coronavirus pandemic has been on the company, and how severely in debt it was even before 2020. Everything from the impacts of COVID-19 to the company’s struggles […]
Airbnb employees will be able to work remotely until at least the end of August 2021, the company announced on Wednesday, as the coronavirus pandemic persists in the United States. It’s the longest such work-from-home policy enacted by a major tech company; Facebook employees are able to work remotely until […]
Airbnb’s upcoming stock-market debut could be a once-in-a-lifetime deal, “Mad Money” host Jim Cramer said on his Monday show. “Thanks to COVID-19, Airbnb is now the safest way to travel, which is why this IPO might end up being the steal of the century,” he said. The home-sharing platform will […]
Airbnb, which filed to go public last week, appears to count Warren Buffett among its admirers. The billionaire investor and Berkshire Hathaway CEO told Leigh Gallagher for her 2017 book, “The Airbnb Story,” that he was impressed by the home-sharing platform’s fast growth, scale, popularity, and CEO Brian Chesky. Buffett […]