Airbnb
Airbnb, Inc. (/ˌɛərˌbiːɛnˈbiː/ AIR-BEE-en-BEE), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. Airbnb is a shortened version of its original name, AirBedandBreakfast.com. The company has been the subject of criticism for lack of regulations and enabling increases in home rents.
Type | Public company |
---|---|
| |
Industry | Lodging |
Founded | August 2008 in San Francisco, California, U.S. |
Founders |
|
Headquarters | San Francisco, California, U.S. |
Area served | Worldwide |
Key people |
|
Services |
|
Revenue | US$5.99 billion (2021) |
US$−0.35 billion (2021) | |
Total assets | US$13.71 billion (2021) |
Total equity | US$4.78 billion (2021) |
Number of employees | 6,132 (Dec 2021) |
Subsidiaries | Luxury Retreats International Inc. Tilt.com Accomable Aibiying Trooly, Inc. Deco Software Inc. Trip4real Experiences, S.L. Lapka, Inc. Airbnb UK Limited HotelTonight |
Website | airbnb |
Footnotes / references [1][2][3] |
Part of a series on |
Homestays |
---|
Hospitality exchange services |
|
Hospitality for work |
|
Hospitality for money |
|
Home exchange and others |
|
History
After moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe Gebbia came up with the idea of putting an air mattress in their living room and turning it into a bed and breakfast.[4] In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as the Chief Technology Officer and the third co-founder of the new venture, which they named AirBed & Breakfast.[4][5] They put together a website that offered short-term living quarters and breakfast for those who were unable to book a hotel in the saturated market.[4] The site Airbedandbreakfast.com officially launched on August 11, 2008.[6][7] The founders had their first customers in the summer of 2008, during the Industrial Design Conference held by Industrial Designers Society of America, where travelers had a hard time finding lodging in the city.[8]
After the founders raised $30,000 by selling cereal named after the two candidates of the 2008 United States presidential election, Barack Obama and John McCain, mostly at the 2008 Democratic National Convention,[9][10][11][12] computer programmer Paul Graham invited the founders to the January 2009 winter training session of his startup incubator, Y Combinator, which provided them with training and $20,000 in funding in exchange for a 6% interest in the company.[4][12][13][14][15] With the website already built, they used the Y Combinator investment to fly to New York to meet users and promote the site.[11] They returned to San Francisco with a profitable business model to present to West Coast investors. By March 2009, the site had 10,000 users and 2,500 listings.[13]
In March 2009, the name of the company was shortened to Airbnb.com to eliminate confusion over air mattresses; by then listings included entire rooms and properties.[4]
In April 2009, the company received $600,000 in seed money from Sequoia Capital, with Youniversity Ventures partners Jawed Karim, Keith Rabois, and Kevin Hartz participating.[16] In November 2010, it raised $7.2 million in financing from Greylock Partners and Sequoia Capital in a Series A round, and announced that out of 700,000 nights booked, 80% had occurred in the previous six months.[17]
At the March 2011 South by Southwest conference, Airbnb won the "app" award.[18]
In July 2011, it raised $112 million in financing led by Andreessen Horowitz. Other early investors included Digital Sky Technologies, General Catalyst Partners, and A Grade Investments partners Ashton Kutcher and Guy Oseary.[19][14]
In October 2011, Airbnb established an office in London, its first international office.[20]
Due to the growth of international end-users, in early 2012, Airbnb opened offices in Paris, Milan, Barcelona, Copenhagen, Moscow, and São Paulo.[21] These openings were in addition to existing offices in San Francisco, London, Hamburg, and Berlin.[22] In September 2013, the company announced that it would establish its European headquarters in Dublin.[23][24]
In November 2012, Airbnb opened an office in Sydney, its 11th office location, and announced plans to launch the service in Thailand and Indonesia.[25]
In November 2012, Airbnb launched "Neighborhoods", a travel guide of 23 cities that helps travelers choose a neighborhood in which to stay based on certain criteria and personal preferences.[26]
In December 2012, Airbnb opened an office in Singapore.[27]
By October 2013, Airbnb had served 9,000,000 guests since its founding in August 2008.[28] Nearly 250,000 listings were added in 2013.[29]
In April 2014, the company received a $450 million investment from TPG Capital, with the company value estimated to be approximately $10 billion.[30] Additional funding was provided by Andreessen Horowitz, Sequoia Capital, Dragoneer Investment Group, T. Rowe Price, and Sherpa Capital.[31]
In July 2014, Airbnb revealed design revisions to the site and mobile app and introduced a new logo. The logo, called the Bélo, is intended to serve as a symbol of "belonging", and consists of four elements: a head which represents people, a location icon that represents place, a heart to symbolize love, and a letter "A" to stand for the company's name.[32][33] It also announced a partnership with Concur, an expense reporting service for businesses, to make it easier for business travelers to report Airbnb stays as business expenses.[34]
In April 2015, following the easing of restrictions on U.S. businesses to operate in Cuba, Airbnb expanded to Cuba, making it one of the first U.S. companies to do so.[35][36]
In June 2015, Airbnb raised $1.5 billion in Series E funding led by General Atlantic, and joined by Hillhouse Capital Group, Tiger Management, Kleiner Perkins Caufield & Byers, GGV Capital, China Broadband Capital, and Horizons Ventures.[37][38]
In July 2016, former Attorney General Eric Holder was hired to help craft an anti-discrimination policy for Airbnb after reports showed that hosts were refusing to accept lodging requests from guests whose names suggested that they were black.[39] As part of the reform, photos of prospective guests are hidden from hosts until requests for lodging are accepted.[40]
In September 2016, Airbnb raised $555.5 million in funding from Google Capital and Technology Crossover Ventures, valuing the company at $30 billion.[41]
In November 2016, Airbnb launched "experiences", whereby users can use the platform to book activities.[42]
In January 2017, along with serial entrepreneurs Gary Vaynerchuk, Ben Leventhal and Mike Montero, Airbnb led a $13 million investment in Resy, a restaurant reservation-booking app.[43]
In March 2017, Airbnb raised $1 billion in funding, bringing total funding raised to more than $3 billion and valuing the company at $31 billion.[44]
In May 2017, the company launched Airbnbmag, a magazine co-published with Hearst Communications.[45]
Airbnb first became profitable during the second half of 2016. Airbnb's revenue grew more than 80% from 2015 to 2016.[46][47] After a $200 million profit in 2018, Airbnb posted a loss of $322 million in 2019.[48]
In February 2018, the company announced Airbnb Plus, a collection of homes that have been vetted for quality of services, comfort and design,[49] as well as Beyond by Airbnb, which offers luxury vacation rentals.[50] By October 2019, two million people were staying with Airbnb each night.[51]
In April 2019, Airbnb produced and financed Gay Chorus Deep South, a documentary launched by its Rausch Street Films division. The rights were sold to MTV, which aired the program on its network.[52][53][54]
During the COVID-19 pandemic, bookings dropped as much as 96% in some cities.[55] However, bookings rose in many rural areas.[56]
On March 30, 2020, the company pledged $250 million in payouts to host to compensate them for guest cancellations due to the pandemic.[57][58]
In April 2020, due in part to the decline in business from the pandemic, Airbnb raised $1 billion in equity from private equity firms Silver Lake and Sixth Street Partners at an $18 billion valuation[59] and $1 billion in debt at interest rates of 9%-11.5%.[60]
On May 5, 2020, Brian Chesky sent a memo to all employees announcing the layoff of approximately 1,900 employees, or about 25% of its workforce in the Americas, Europe, and Asia due to the COVID-19 pandemic.[61][62]
On December 10, 2020, the company became a public company via an initial public offering, raising $3.5 billion.[63] Shares valued at $238 million were offered to hosts on the platform at the price of $68 per share.[64]
In March 2022, Airbnb suspended business in Russia and Belarus due to the sanctions resulting from the 2022 Russian invasion of Ukraine.[65][66]
In May 2022, Airbnb ceased operations in China.[67] The decision was made primarily because of strict COVID-19 restrictions in China as well as complicated and expensive laws and regulations that required Airbnb to send detailed information on guests to the Government of China, which can be used to track people.[68][69][70] Airbnb was accused of being too willing to provide this information, which led to the resignation of an Airbnb executive, who was also a former deputy director of the Federal Bureau of Investigation, in 2019 after 6 months of working.[71][72] Airbnb had also been accused of allowing listings on land owned by the Xinjiang Production and Construction Corps, a Chinese state-owned paramilitary entity sanctioned under the Magnitsky Act for involvement in the Uyghur genocide.[73][74] In 2019, certain hosts in China were accused of discrimination by refusing to rent to Uyghurs.[75]
After temporarily banning parties in homes rented on the platform in August 2020 due to the COVID-19 pandemic,[76] in June 2022, Airbnb announced that it will permanently ban parties and events in homes on its platform, a position supported by hosts and their neighbors who complained of nuisances at Airbnb properties.[77] In August 2022, Airbnb rolled out technology to enforce this ban.[78]
Acquisitions
On May 31, 2011, Airbnb acquired Accoleo, a German competitor.[79] This launched the first international Airbnb office, in Hamburg.[80][81]
Before the 2012 Summer Olympics, Airbnb acquired London-based rival CrashPadder,[82] subsequently adding 6,000 international listings to its existing inventory. This acquisition made Airbnb the largest lodging website in the United Kingdom.[83][84]
In November 2012, Airbnb acquired NabeWise, an online city guide that aggregates curated information for specified locations.[85] The acquisition shifted the company's focus toward offering hyperlocal recommendations to travelers.[86]
In December 2012, Airbnb announced the acquisition of Localmind, a location-based question and answer platform.[87]
In September 2015, Airbnb acquired Vamo, and shut down the company, acquiring its employees.[88][89] It also acquired Lapka.[90]
In September 2016, Airbnb acquired travel activities marketplace Trip4real.[91]
In February 2017, the company acquired Luxury Retreats International, a Canadian-based villa rental company, for approximately $300 million in cash and stock.[92][93] In February 2017, Airbnb acquired Tilt.com, a social payment startup.[79]
In November 2017, the company acquired Accomable, a startup focused on travel accessibility.[94][95] It also acquired AdBasis, an advertising technology platform built for A/B testing and multivariate ad testing.[96]
In January 2019, Airbnb acquired Gaest, based in Aarhus, Denmark, which provides a platform for posting and booking venues for meetings and other events.[97]
In March 2019, the company acquired HotelTonight, a website for booking last-minute hotel rooms, for over $400 million.[98][99]
In August 2019, Airbnb acquired Urbandoor, a global online marketplace that offers extended stays to corporate clients.[100][101][79]
Regulations by jurisdiction
Regulation of short-term rentals can include requirements for hosts to have business licenses, payment of hotel taxes and compliance with building, city and zoning standards. The hotel industry has lobbied for stricter regulations on short-term home rental.[102] In addition to government-imposed restrictions, many homeowner associations also limit short term rentals.[103]
Europe
- Amsterdam: Hosts can rent their properties for up to 30 nights per year to a group of no more than four at a time.[104] Short-term rentals are banned in certain parts of the city.[105]
- Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators.[106][107][108]
- Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most of the property.[109]
- Ireland: Short-term rentals are restricted to a maximum of 90 days per year for primary residences; registration is required with local authorities.[110][111]
- London: Short-term rentals are limited to 90 days per year.[112][113]
- Madrid: Listings without private entrances are banned.[114]
- Palma de Mallorca: Home-sharing sites are banned to contain tourism.[115]
- Paris: Hosts can rent their homes for no more than 120 days a year[116] and must register their listing with the town hall.[117]
- Rome: Short-term rental sites are required to withhold a 21% rental income tax.[118]
- Venice: Hosts must collect and remit tourist taxes.[119][120]
- Vienna: Short-term rentals are banned in many neighborhoods.[121]
United States
- Arizona: Most regulations are not allowed since municipalities are prohibited from interfering in property rights.[122]
- Boston: The types of properties eligible for use as short-term rentals and the number of days per year a property may be rented are limited.[123][124][125][126]
- Chicago: Hosts are required to obtain a license. Single-night stays are prohibited.[127]
- Jersey City, New Jersey: Hosts are only allowed to rent for 60 days per year.[128][129]
- Los Angeles: Hosts must register with the city planning department and pay an $89 fee and cannot home-share for more than 120 days in a calendar year.[130][131]
- Miami: Short-term rentals are banned in most neighborhoods, in part due to lobbying efforts of the hotel industry.[132][133]
- New York City: Rentals under 30 days are prohibited unless the host is present on the property.[134][135][136]
- Portland, Oregon: The number of bedrooms in a single unit that may be listed is limited.[137]
- San Diego: Units for short-term rental are limited to 1% of the housing stock and licenses are required.[138]
- San Francisco: Registration by hosts is required.[139]
- Santa Monica, California: Hosts are required to register with the city and obtain a license and are also prohibited from listing multiple properties.[140]
- Seattle: Hosts must obtain licenses and cannot rent more than two units.[141]
- Washington, D.C.: Hosts must obtain a short-term rental license, and, if the host is not present, those rentals are limited to a combined 90 days each year.[142]
- West New York, New Jersey: Short-term rentals are banned.[143]
Controversies and criticism
The company has been criticized for possibly enabling increases in home rents,[150] refusing to provide sensitive customer data to governments, and allowing listings in West Bank settlements. Airbnb has been criticized by the hotel industry for not being subject to fair regulations.[151]
Effects on housing affordability
Several studies have found that long-term rental prices in many areas have increased because landlords have kept properties off the longer-term rental market to instead get higher rental rates for short-term housing via Airbnb.[152] Landlords have also been accused of illegally evicting tenants to convert properties into higher-rent Airbnb listings.[153] A study published in July 2017 found that a 10% increase in Airbnb listings in a given neighborhood corresponds to a 0.42% increase in rents and a 0.76% increase in house prices.[154] A study in 2018 found that in the Lower East Side of Manhattan, full-time listings earned hosts an average of two to three times the median average rent.[155] A study in 2019 by the University of Massachusetts Boston Department of Economics found that with every increase of 12 Airbnb listings per census tract, asking rents increased by 0.4%.[156] Inside Airbnb, a watchdog journalism website, has accused the company of manipulating its data to portray a different result.[157]
Concerns on the effect of Airbnb on housing affordability has resulted in increased lodging regulations and restrictions, which have generally been opposed by Airbnb via lobbying efforts.[158]
Inclusion of listings in Israeli settlements
In November 2018, Airbnb announced that it would remove the approximately 200 "listings in Israeli settlements in the occupied West Bank that are at the core of the dispute between Israelis and Palestinians". However, after affected property owners filed lawsuits against Airbnb in both Israel and the United States alleging discrimination based on place of residence, in April 2019, the company reversed its plans to remove listings in the West Bank and instead promised to donate any profits from these listings to non-profit organizations dedicated to humanitarian aid.[159][160][161]
On February 12, 2020, Airbnb was included on a list of companies operating in West Bank settlements involved in activities that "raised particular human rights concerns" published by the United Nations Human Rights Council. The company was categorized under "the provision of services and utilities supporting the maintenance and existence of settlements".[162][163] The international community considers Israeli settlements built on land occupied by Israel to be in violation of international law.[164][165][166]
Objectivity of guest reviews
Airbnb features a review system in which guests and hosts can rate and review each other after a stay. Hosts and guests are unable to see reviews until both have submitted a review or until the time period to review has closed, a system that aims to improve accuracy and objectivity by removing fears that users will receive a negative review in retaliation if they write one. However, the truthfulness and impartiality of reviews may be adversely affected by concerns of future stays because prospective hosts may refuse to host a user who generally leaves negative reviews. The company's policy requires users to forego anonymity, which may also detract from users' willingness to leave negative reviews. These factors may damage the objectivity of the review system.[167][168][169]
Response to activities of far-right extremists
In August 2017, Airbnb cancelled numerous bookings and closed accounts belonging to attendees of the white nationalist Unite the Right rally in Charlottesville, Virginia, citing its terms of service in which members must "accept people regardless of their race, religion, national origin, ethnicity, disability, sex, gender identity, sexual orientation, or age."[170] The move was criticized by Jason Kessler, organizer of the rally.[171]
In January 2021, Airbnb was criticized for allowing participants in the January 6 United States Capitol attack to book units on the platform in the Washington metropolitan area, despite most hotels in the vicinity of Capitol Hill banning far-right extremists.[172] After the possibility of further violence during the Inauguration of Joe Biden, Airbnb announced the day after the Capitol raid that it was banning all bookings in the region prior to the inauguration.[173]
Sponsorship of 2022 Winter Olympics
Airbnb was one of the 15 leading sponsors of the 2022 Winter Olympics, held in Beijing, and was asked by human rights activists and groups to drop its sponsorship in March 2021 as part of diplomatic and activist boycotts over alleged human rights violations by the Chinese Communist Party, in particular the Uyghur genocide. These requests were ignored by the company.[174][175][176][177]
Length of terms of service agreements
In 2014, linguist Mark Liberman criticized the extreme length of the legal agreements that Airbnb members are required to accept, with the site's terms of service, privacy policy, and other policies amounting to "55081 words, or about the size of a short novel, though much less readable".[178]
Circumvention of European tax regulations by hosts
In October 2020, Luca Poma, an Italian journalist and former advisor to the Italian Minister of Foreign Affairs, alleged in an article that a rental listed on Airbnb was actually operated by a company and not a private individual, circumventing European tax regulations.[179]
Reports of mold, rodents, rapes, and murder at listings
In 2017, analyzing negative guest reviews, a travel blogger found that there are ways for hosts to use fake information to circumvent Airbnb's background checks and that some guests reported being subject to last-minute cancellations, moldy or rodent-infested lodging, theft, invasion of privacy, and even rape and murder. Airbnb responded that the 1,021 incidents reported are statistically insignificant compared to 260 million check-ins at the time and that the company tries to remedy any problems.[180][181][182][183]
Bait-and-switch scams by hosts
A journalist for Vice News reported in October 2019 on a bait-and-switch scam in which a network of fake accounts advertised stays at dozens of properties across eight US cities that once booked was said to be unavailable at the last minute. Substandard alternatives were offered in their place, including to the journalist, refunds were refused, fake positive reviews were left for the fake properties, and negative retaliatory reviews were left for customers who complained. Airbnb closed some of the accounts and the FBI began an investigation in response to the report.[184] A journalist for Wired reported a similar scam in London in February 2020. Airbnb closed the accounts, but Wandsworth Borough Council planning office took no action.[185]
Failure to provide required information to governments
Many governments have passed laws requiring that Airbnb provide guest information so that local regulations can be enforced and hotel taxes are collected. Airbnb contested one such law in New York.[186][187] However, in May 2019, Airbnb agreed to turn over some anonymized information for approximately 17,000 listings so that the city could pursue illegal rentals.[188] Similar cases were settled in Boston and Miami.[189]
Airbnb refused to provide required information to the Belgian government, claiming the obligation to provide the information was not compatible with European Union law. The Belgian Constitutional Court referred the dispute to the European Court of Justice, which in April 2022 ruled that the requirement to transmit to tax authorities certain particulars of tourist transactions was not contrary to European Union law and referred the case back to the Belgian Constitutional Court.[190]
Legality of service fees in the Netherlands
In March 2020, a subdistrict court ruling in the Netherlands found that Airbnb charging service fees to both the host and the guest was illegal and that the 30,000 people who had rented as guests have a right for reimbursement if they file claims. Airbnb filed countersuits in an attempt to gain clarity on the ruling.[191]
Airbnb.org
Through its airbnb.org 501(c)(3) nonprofit organization, the company offers and facilitates free housing for people affected by natural disasters, including hurricanes and floods, and other emergencies such as the 2022 Russian invasion of Ukraine and the 2021 Taliban offensive. The organization was launched in 2012 after hosts offered free housing to people displaced by Hurricane Sandy.[192][193][194][195][196][197][198][199][200][201]
References
- "Company Overview of Airbnb, Inc". Bloomberg L.P. Archived from the original on January 8, 2018.
- "Nathan Blecharczyk". Forbes.
- "Airbnb, Inc. 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 25, 2022.
- Aydin, Rebecca (September 20, 2019). "How 3 guys turned renting air mattresses in their apartment into a $31 billion company, Airbnb". Business Insider.
- "New License to Explore: Airbnb's Nathan Blecharczyk '05". Harvard University. September 10, 2015.
- Schonfeld, Erik (August 11, 2008). "AirBed And Breakfast Takes Pad Crashing To A Whole New Level". TechCrunch.
- Geron, Tomio (June 10, 2009). "From Crash Pad To Pizza Profitable, Start-Up Eyes Budget Travel Market". The Wall Street Journal.
- Drell, Lauren (December 25, 2011). "How Do Co-Founders Meet? 17 Startups Tell All". Mashable.
- Spors, Kelly (August 11, 2008). "The Business of Politics". The Wall Street Journal.
- Rusli, Evelyn (July 7, 2011). "The New Start-Ups at Sun Valley". The New York Times.
- Peng, Tina (March 24, 2010). "Where to get startup cash now". CNN.
- Malik, Om (February 22, 2011). "What Every Startup Can Learn From AirBnB". GigaOm.
- Rao, Leena (March 4, 2009). "Y Combinator's Airbed And Breakfast Casts A Wider Net For Housing Rentals As AirBnB". TechCrunch.
- Austin, Scott (July 25, 2011). "Airbnb: From Y Combinator To $112M Funding In Three Years". The Wall Street Journal.
- GALLAGHER, LEIGH (February 21, 2017). "Airbnb's Surprising Path to Y Combinator". Wired.
- Gallagher, Leigh (February 14, 2017). "The Hustle". The Airbnb Story: How Three Ordinary Guys Disrupted an Industry, Made Billions . . . and Created Plenty of Controversy. Houghton Mifflin Harcourt. p. 31. ISBN 978-0-544-95387-1.
- Wortham, Jenna (November 10, 2010). "Airbnb Raises Cash to Expand Budget-Travel Service". The New York Times.
- Black, Tiffany (March 15, 2011). "Airbnb Mobile App Stands Out at SXSW". Inc.
- Malik, Om (July 24, 2011). "AirBnB gets $112M in new investment". GigaOm.
- Quinn, James (October 2, 2011). "Airbnb set to expand with London office". The Daily Telegraph. Archived from the original on January 11, 2022.
- Wauters, Robin (January 26, 2012). "Airbnb: 5 Million Nights Booked, Opening 6 New International Offices In Q1 2012". TechCrunch.
- Wauters, Robin (October 17, 2011). "Airbnb Checks In With Springstar For International Expansion". TechCrunch.
- Barry, Aoife (September 13, 2013). "Airbnb to open European HQ in Dublin". TheJournal.ie.
- "Airbnb to open European HQ in Dublin". The Irish Times. September 13, 2013.
- Ong, Josh (November 2, 2012). "Airbnb launches in Australia with new office in Sydney, coming soon to Thailand and Indonesia". The Next Web.
- Roy, Jessica (November 13, 2012). "Introducing Airbnb Neighborhoods, a Local Guide for Travelers Deciding Where to Stay". The Observer.
- Russell, Jon (November 12, 2012). "Airbnb targets 2 million properties in Asia as it begins introducing local customer support". The Next Web.
- Lawler, Ryan (October 20, 2013). "Airbnb Has Now Served 9M Guests Since Being Founded, Up From 4M At The End Of Last Year". TechCrunch.
- Lawler, Ryan (December 19, 2013). "Airbnb Tops 10 Million Guest Stays Since Launch, Now Has 550,000 Properties Listed Worldwide". TechCrunch.
- "TPG-Led Group Closes $450 Million Investment in Airbnb". The Wall Street Journal. April 23, 2014.
- "Airbnb closes $475 million funding round". Fortune. August 1, 2014.
- Baldwin, Roberto (July 16, 2014). "Airbnb updates design and introduces controversial new Bélo logo". The Next Web.
- Clifford, Catherine (July 17, 2014). "Airbnb, Why the New Logo?". Entrepreneur. Archived from the original on May 29, 2019.
- Lawler, Ryan (July 28, 2014). "It's Business Time: Airbnb Targets Work Travelers With Concur Partnership". TechCrunch.
- Olorunnipa, Toluse (May 11, 2015). "Cuba Is Fastest-Growing Market for Airbnb as Obama Cracks Door". Bloomberg News.
- Macias, Amanda (June 30, 2015). "Here's what it's like to stay in a Cuban Airbnb, where everything looked great but was actually broken". Business Insider.
- Nusca, Andrew (June 27, 2015). "Airbnb raises $1.5 billion, valuing it at an eye-popping $25.5 billion". Fortune.
- Alba, Davey (December 7, 2015). "Airbnb Confirms $1.5 Billion Funding Round, Now Valued at $25.5 Billion". Wired.
- Bhattarai, Abha; Badger, Emily (July 20, 2016). "Airbnb hires Eric Holder to help company fight discrimination". The Washington Post.
- SHAHANI, AARTI (September 8, 2016). "Airbnb Agrees To Make Reforms After Allegations Of Discrimination". NPR.
- Farrell, Maureen; Bensinger, Greg (September 22, 2016). "Airbnb's Funding Round Led by Google Capital". The Wall Street Journal. ISSN 0099-9660.
- Lynley, Matthew (November 17, 2016). "Airbnb is turning itself into an 'experience' machine beyond just booking places to stay". TechCrunch.
- Hartmans, Avery (January 9, 2017). "Reservation-booking app Resy just got a massive investment from Airbnb, one of the most valuable startups in the world". Business Insider.
- Thomas, Lauren (March 9, 2017). "Airbnb just closed a $1 billion round and became profitable in 2016". CNBC.
- STIEHM, CARLEIGH (May 22, 2017). "Hearst Magazines' New Airbnbmag Encourages Readers to Be at Home in the World". Hearst Communications.
- Kerr, Dara (January 26, 2017). "Airbnb makes it rain, turning a profit for the first time". CNET.
- Stone, Brad; Zaleski, Olivia (January 26, 2017). "Airbnb Enters the Land of Profitability". Bloomberg News.
- Molla, Rani (February 12, 2020). "Why Airbnb is suddenly struggling to make money". Vox Media.
- Sims, Amanda (March 6, 2018). "The Secret to Getting Your Home on Airbnb Plus". Architectural Digest.
- Ting, Deanna (February 22, 2018). "Airbnb Plus and Everything CEO Brian Chesky Just Announced". Skift.
- Lastoe, Stacey (September 30, 2019). "British couple spends $11,800 on Airbnb rental that doesn't exist". CNN.
- Kay, Jeremy (September 16, 2019). "MTV Documentary Films lines up awards run for 'Gay Chorus Deep South'". Screen International.
- Spangler, Todd (April 18, 2019). "Why Airbnb Produced Documentary 'Gay Chorus Deep South,' Its First-Ever Film". Variety.
- "Movies on TV this week: Sunday, Dec. 22, 2019". Los Angeles Times. December 20, 2019.
- Rana, Preetika (March 12, 2020). "Airbnb Bookings Plunge Amid Coronavirus Pandemic". The Wall Street Journal.
- Gao, Michelle (August 6, 2020). "Rural Airbnb bookings are surging as vacationers look to escape the coronavirus". CNBC.
- Coleman, Justine (March 30, 2020). "Airbnb plans $250M payout for hosts who lost money amid pandemic". TheHill.
- "A Letter to Hosts". Airbnb. March 30, 2020.
- Bosa, Deirdre; Batchelor, Laura (April 6, 2020). "Airbnb is raising $1 billion amid fallout from coronanvirus". CNBC.
- Bosa, Deirdre (April 14, 2020). "Airbnb raising another $1 billion in debt as coronavirus ravages tourism business". CNBC.
- Yurieff, Kaya (May 5, 2020). "Airbnb is laying off 25% of its employees". CNN.
- Griffith, Erin (July 17, 2020). "Airbnb Was Like a Family, Until the Layoffs Started". The New York Times.
- ALLYN, BOBBY; SCHNEIDER, AVIE (December 10, 2020). "Airbnb Now A $100 Billion Company After Stock Market Debut Sees Stock Price Double". NPR.
- Hu, Krystal; Lee, Jane Lanhee (December 10, 2020). "Airbnb hosts see windfall from wild IPO gains". Reuters.
- Sweney, Mark (March 4, 2022). "Airbnb suspends all operations in Russia and Belarus". The Guardian.
- Shead, Sam (March 4, 2022). "Airbnb is suspending all operations in Russia and Belarus". CNBC.
- Bosa, Deirdre (May 23, 2022). "Airbnb is closing its domestic business in China, sources say". CNBC.
- "Airbnb to quit China as lockdowns restrict tourism". BBC News. May 23, 2022.
- Ye, Josh; Goh, Brenda (May 24, 2022). "Airbnb to shut domestic business in China from July 30". Reuters.
- Davidson, Helen (May 24, 2022). "Airbnb to close in China amid repeated Covid lockdowns". The Guardian.
- Volz, Dustin; Grind, Kirsten (November 20, 2020). "Airbnb Executive Resigned Last Year Over Chinese Request for More Data Sharing". The Wall Street Journal. ISSN 0099-9660.
- Campbell, Ian Carlos (November 20, 2020). "Airbnb's Chinese data policies reportedly cost it an executive". The Verge.
- Allen-Ebrahimian, Bethany; Schrag, Jacque (November 30, 2021). "Airbnb hosts Xinjiang rentals on land owned by sanctioned group". Axios.
- Shepardson, David (January 7, 2022). "U.S. lawmakers raise concerns about Airbnb business in Xinjiang". Reuters.
- Rollet, Charles (May 3, 2019). "Airbnb listings in China are littered with racist discrimination". Wired. ISSN 1357-0978.
- Griffith, Erin (October 27, 2020). "Airbnb Fights Its 'Party House Problem'". The New York Times.
- "Airbnb permanently bans parties and events around the world". BBC News. June 29, 2022.
- "Exclusive: Airbnb rolls out new anti-party tech to prevent unapproved gatherings". Fast Company. August 16, 2022.
- Sonnemaker, Tyler (January 31, 2020). "Here are all the companies Airbnb has acquired to help it grow into a $31 billion business". Business Insider.
- Bradshaw, Tim (May 31, 2011). "Airbnb moves 'aggressively' into Europe". Financial Times.
- Wauters, Robin (June 1, 2011). "Airbnb buys German clone Accoleo, opens first European office in Hamburg". TechCrunch.
- Taylor, Colleen (February 20, 2012). "Airbnb Acquires UK-based Crashpadder As Part Of International Growth Push". TechCrunch.
- Kerr, Dana (March 20, 2012). "Airbnb buys Crashpadder, its largest U.K. competitor". CNET.
- Taylor, Colleen (March 20, 2012). "Airbnb M&A Acquisitions Airbnb Acquires UK-based Crashpadder As Part Of International Growth Push". TechCrunch.
- Hempel, Jessi (November 13, 2012). "With Neighborhoods, Airbnb expands its horizons". Fortune.
- Geron, Tomio (November 14, 2012). "Airbnb Launches Neighborhoods For Hyper-Local Travel Guides". Forbes.
- Van Grove, Jennifer (December 13, 2012). "Why did Airbnb just buy Localmind? Local expertise". VentureBeat.
- Risley, James (September 11, 2015). "Airbnb acquires Seattle-based trip planning service Vamo, founded by former Facebook exec". GeekWire.
- Lynley, Matthew (September 11, 2015). "Airbnb Acquires Multi-City Trip Planning Service Vamo, Will Shut Down Product". TechCrunch.
- King, Rachel (September 29, 2015). "Airbnb quietly acquires connected sensor startup Lapka". ZDNet.
- Lomas, Natasha (September 19, 2016). "Airbnb acquires travel activities marketplace, trip4real". TechCrunch.
- Zaleski, Olivia; De Vynck, Gerrit (February 16, 2017). "Airbnb Acquires Luxury Retreats, Beating Out Expedia, Accor". Bloomberg News.
- MARINOVA, POLINA (February 17, 2017). "Soon You'll Be Able to Rent Richard Branson's Island on Airbnb". Fortune.
- Coldwell, Will (November 27, 2017). "Access all areas: Airbnb expands into stays for disabled travellers". The Guardian.
- Somerville, Heather (November 16, 2017). "Airbnb acquires Accomable to offer home rentals for disabled travelers". Reuters.
- Lunden, Ingrid (November 13, 2017). "Airbnb acquires ad tech startup AdBasis". TechCrunch.
- Lunden, Ingrid (January 25, 2019). "Airbnb acquires Denmark's Gaest to expand in bookings for meetings and offsites". TechCrunch.
- Griffith, Erin (March 7, 2019). "Airbnb Acquires HotelTonight to Expand Travel Portfolio". The New York Times.
- Somerville, Heather (March 7, 2019). "Airbnb buys HotelTonight in deeper expansion into hotel-booking business". Reuters.
- Burke, Katie (August 5, 2019). "Airbnb acquisition opens door for growth in corporate relocation, business travel market". American City Business Journals.
- Crook, Jordan (August 5, 2019). "Doubling down on business travelers, Airbnb acquires Urbandoor". TechCrunch.
- Benner, Katie (April 16, 2017). "Inside the Hotel Industry's Plan to Combat Airbnb". The New York Times.
- Glick, Ilyse; Talkin, Samuel J. (September 7, 2016). "How your neighbor's Airbnb rental can affect your property values". The Washington Post.
- Meijer, Bart (March 16, 2021). "Amsterdam to allow Airbnb rentals in city centre after court order". Reuters.
- KAYALI, LAURA; HEIKKILÄ, MELISSA (November 9, 2020). "The Netherlands goes after Airbnb". Politico.
- O'Sullivan, Feargus (June 6, 2018). "Barcelona Finds a Way to Control Airbnb Rentals". CityLab.
- Mead, Rebecca (April 22, 2019). "The Airbnb Invasion of Barcelona". The New Yorker.
- McClanahan, Paige (September 26, 2021). "Barcelona Takes on Airbnb". The New York Times.
- Oltermann, Philip (June 8, 2016). "Berlin ban on Airbnb short-term rentals upheld by city court". The Guardian.
- Byrne, Louise (June 28, 2019). "No extra Dublin City Council staff hired so far to enforce new letting laws". RTÉ.
- Thomas, Cónal (July 1, 2019). "Explainer: The new rules on Airbnb hosting come into effect today - here's what you need to know". TheJournal.ie.
- TEMPERTON, JAMES (February 13, 2020). "Airbnb has devoured London – and here's the data that proves it". Wired.
- "What's the 90-day rule and how does it impact my Airbnb in London?". GuestReady. July 11, 2022.
- O'Sullivan, Feargus (April 3, 2019). "Madrid Bans Airbnb Apartments That Don't Have Private Entrances". Bloomberg News.
- Minder, Raphael (June 23, 2018). "To Contain Tourism, One Spanish City Strikes a Ban, on Airbnb". The New York Times.
- Carey, Meredith (April 12, 2018). "Paris Could Pull 43,000 Airbnb Listings by This June". Condé Nast Traveller.
- Vidalon, Dominique (July 5, 2017). "Hoteliers welcome Paris decision forcing Airbnb hosts to register rentals". Reuters.
- QUELL, MOLLY (July 7, 2022). "EU court adviser rejects Airbnb challenge to Italy short-term rental tax". Courthouse News Service.
- Fox, Kara (June 15, 2019). "The race to stop the death of Venice". CNN.
- "EXPLAINED: What are Italy's rules and taxes for Airbnb rentals?". The Local. March 14, 2022.
- "EXPLAINED: What are Austria's rules for Airbnb rentals?". The Local. March 25, 2022.
- Kerr, Dara (January 4, 2017). "Airbnb gets free rein in Arizona thanks to new law". CNET.
- SOROKIN, Leo T. "AIRBNB, INC. v. CITY OF Boston 386 F.Supp.3d 113 (2019)". Leagle.
- "City of Boston, Airbnb reach agreement to strengthen short-term rental registry, remove illegal units" (Press release). Boston. August 29, 2019.
- Feuer, Will (December 3, 2019). "Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company's presumed IPO next year". CNBC.
- Logan, Tim (November 28, 2019). "Boston's tough rules governing Airbnb rentals are finally in full effect". The Boston Globe.
- Cherone, Heather (June 1, 2021). "New Rules for Chicago's Home-Sharing Industry Set to Kick In". WTTW.
- Ferré-Sadurní, Luis (November 5, 2019). "Airbnb Suffers Big Defeat in Jersey City. Here's What That Means". The New York Times.
- Rosario, Joshua (November 6, 2019). "Jersey City voters say 'Yes' to Airbnb regulations in N.J.'s most expensive local referendum". NJ.com.
- "Airbnb wants L.A. to delay enforcing new restrictions on short-term rentals". Los Angeles Times. October 1, 2019.
- Chandler, Jenna; Walker, Alissa (December 10, 2019). "Renting an Airbnb in Los Angeles? Here's what to know before booking". Curbed.
- IANNELLI, JERRY (July 13, 2017). "Emails Suggest Miami Mayor Coordinated With Hotel Lobby Against Airbnb". Miami New Times.
- Mzezewa, Tariro (March 9, 2019). "Airbnb and Miami Beach Are at War. Travelers Are Caught in the Crossfire". The New York Times.
- Zaveri, Mihir (December 9, 2021). "New York City, Facing Housing Crisis, Targets Owners of Illegal Airbnbs". The New York Times.
- Dobbins, James (July 7, 2017). "How to Host on Airbnb Legally". The New York Times.
- Ferré-Sadurní, Luis (February 23, 2019). "Inside the Rise and Fall of a Multimillion-Dollar Airbnb Scheme". The New York Times.
- "Accessory Short-Term Rental Permits". Portland, Oregon.
- Bravo, Christina; Sridhar, Priya (April 14, 2021). "San Diego Mayor Signs Short-Term Rental Regulations Into Law". KNSD.
- Benner, Katie (May 2, 2017). "Airbnb Settles Lawsuit With Its Hometown, San Francisco". The New York Times.
- "Santa Monica Reaches Deal With Airbnb Over Illegal Listings". CBS News. December 10, 2019.
- NICKELSBURG, MONICA (December 11, 2017). "Seattle approves new Airbnb regulations to limit short-term rentals to 2 units per host". GeekWire.
- Austermuhle, Martin (January 5, 2022). "D.C. To Start Restricting And Regulating Airbnb And Other Short-Term Rentals". WAMU.
- Hannington, Dia (February 4, 2018). "Banning Airbnb in West New York: After complaints, town adopts ordinance banning short-term rentals". The Hudson Reporter.
- Gallichan-Lowe, Spencer (August 25, 2020). "Toronto introduces new rules for AirBnB, other short-term rental platforms". CityNews.
- Kane, Laura (November 14, 2017). "Vancouver bans short-term Airbnb rentals in laneway homes, basement suites". CTV News.
- Austen, Ian (November 15, 2017). "Vancouver Limits Airbnb, in an Effort to Combat Its Housing Crisis". The New York Times.
- Carey, Meredith (June 4, 2018). "Nearly 80 Percent of Japan's Airbnbs Were Just Removed". Condé Nast Traveler.
- Siew Ann, Tan (November 5, 2020). "Is Airbnb Illegal in Singapore?". Yahoo! Finance.
- Wei, Neo Rong (May 8, 2021). "Short-term home sharing remains illegal in Singapore; Airbnb disappointed". Today.
- Barron, Kyle; Kung, Edward; Proserpio, Davide (April 17, 2019). "Research: When Airbnb Listings in a City Increase, So Do Rent Prices". Harvard Business Review.
- Ferré-Sadurní, Luis (October 30, 2019). "Where a $5 Million War Rages Between Airbnb and the Hotel Industry". The New York Times.
- Thompson, Derek (February 17, 2018). "Airbnb and the Unintended Consequences of 'Disruption'". The Atlantic.
- Hill, Steven (October 19, 2015). "The Unsavory Side of Airbnb". The American Prospect.
- Barron, Kyle; Kung, Edward; Proserpio, Davide (October 5, 2017). "The Sharing Economy and Housing Affordability: Evidence from Airbnb". SSRN 3006832.
- Guttentag, Daniel (August 30, 2018). "What Airbnb really does to a neighbourhood". BBC News.
- HOLDER, SARAH (February 1, 2019). "The Airbnb Effect: It's Not Just Rising Home Prices". Bloomberg News.
- Katz, Miranda (February 10, 2017). "A Lone Data Whiz Is Fighting Airbnb — and Winning". Wired.
- Yeomans, Emma (August 7, 2019). "Airbnb lobby MSPs every month". The Times.
- Jacobs, Julia (April 9, 2019). "Airbnb Reverses Policy Banning Listings in Israeli Settlements in West Bank". The New York Times.
- Williams, Dan; Pierson, Brendan (April 9, 2019). "Airbnb reverses ban on West Bank rentals, pledges to send proceeds to aid organizations". Global News. Reuters.
- "Airbnb reverses on delisting Israeli settlements, won't profit off West Bank". Ynet. Reuters. October 4, 2019.
- "UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory". Office of the United Nations High Commissioner for Human Rights. February 12, 2020.
- "Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank (A/HRC/43/71)". ReliefWeb. February 14, 2020.
- "S/RES/2334(2016)". United Nations Security Council. December 23, 2016.
- "Legal Consequences of the Construction of a Wall in the Occupied Palestinian Territory" (PDF). International Court of Justice. July 9, 2004.
- "Conference of High Contracting Parties to the Fourth Geneva Convention". International Committee of the Red Cross. December 5, 2001.
- Mann, Sonya (May 3, 2017). "Why Airbnb Reviews Don't Tell the Whole Story". Inc.
- Mulshine, Molly (June 18, 2015). "Why Airbnb reviews are a problem for the site". Business Insider.
- Ho, Erica (May 19, 2015). "Why you should think twice before trusting Airbnb reviews". Mashable.
- Bromwich, Jonah Engel (August 9, 2017). "Airbnb Cancels Accounts Linked to White Nationalist Rally in Charlottesville". The New York Times.
- Park, Madison; Boyette, Chris (August 9, 2017). "Airbnb removes users affiliated with white nationalists' rally". CNN.
- Tam, Ruth (January 7, 2021). "Trump Insurrectionists Lodge At D.C. Airbnbs — Much To Washingtonians' Distress". DCist.
- Fetters Malloy, Ashley (January 13, 2021). "Before Airbnb canceled inauguration reservations, hosts took matters into their own hands". The Washington Post.
- WADE, STEPHEN (March 23, 2021). "Airbnb asked to drop Olympic ties over China rights issues". Associated Press.
- "The Olympic Partner Program". Olympics.com.
- Spinelli, Dan (January 21, 2022). "Olympic Sponsors Have "Entirely Ghosted" Activists Ahead of the Beijing Games". Mother Jones.
- Whalen, Jeanne (January 16, 2022). "The U.S. government is boycotting the Beijing Olympics over human rights. Coke and Airbnb are still on board". The Washington Post. ISSN 0190-8286.
- Liberman, Mark (April 10, 2014). "We're updating our novel-length Terms of Service?". Language Log.
- Poma, Luca (October 22, 2020). "AIRB&B: WHEN DISHONEST CONDUCT SULLIES A LOVEMARK". creatoridifuturo.it.
- Agerholm, Harriet (December 9, 2017). "Airbnb guest finds corpse in garden". The Independent. Archived from the original on December 10, 2017.
- Ellson, Andrew (December 9, 2017). "The rotting corpse and other Airbnb horror stories". The Times. ISSN 0140-0460.
- Bershidsky, Leonid (December 12, 2017). "Airbnb, Like Uber, Needs to Grow Up". Bloomberg News.
- Alini, Erica (January 11, 2018). "Review of Airbnb horror stories finds 'multiple dangerous loopholes and scams'". Global News.
- Conti, Allie (October 31, 2019). "I Accidentally Uncovered a Nationwide Scam on Airbnb". Vice Media.
- Temperton, James (February 11, 2020). "I stumbled across a huge Airbnb scam that's taking over London". Wired.
- Greenberg, Zoe (July 18, 2018). "New York City Looks to Crack Down on Airbnb Amid Housing Crisis". The New York Times.
- Weiser, Benjamin; Goodman, J. David (January 3, 2019). "Judge Blocks New York City Law Aimed at Curbing Airbnb Rentals". The New York Times.
- Martineau, Paris (May 24, 2019). "Airbnb and New York City Reach a Truce on Home-Sharing Data". Wired.
- Martineau, Paris (August 31, 2019). "Airbnb Starts to Play Nice With Cities". Wired.
- Chalmers, John (April 27, 2022). "EU court rejects Airbnb plea on Belgian information for tax authorities". Reuters.
- "Airbnb makes 'power play' in Dutch high court to retain right to 'double fees'". The Guardian. September 14, 2020.
- "Airbnb offers free accommodation for 20,000 Afghan refugees". BBC News. September 3, 2021.
- Wang, Amy B. (January 29, 2017). "Airbnb offers free housing to refugees and others in limbo after Trump's executive order". The Washington Post. ISSN 0190-8286.
- "Airbnb offers free housing to those hit by Trump ban". BBC News. January 29, 2017.
- Marchildon, Jackie (October 31, 2017). "6 Brands Working Hard to Make the World a Better Place". Global Citizen.
- Smith, Gerry (November 7, 2012). "Airbnb Partners With New York To Provide Free Housing For Sandy Victims". HuffPost.
- "Airbnb.org announces support for hurricane relief efforts". Airbnb. October 2, 2022.
- "Airbnb.org activates program to offer free housing following Europe floods". Airbnb. July 20, 2021.
- Graham, Siobhan (March 10, 2022). "Airbnb announces generous offer for flood victims". Yahoo!.
- Karimi, Faith; Kelly, Samantha (March 5, 2022). "People around the world are booking Airbnbs in Ukraine. They don't plan to check in". CNN.
- Quach, Georgina (February 28, 2022). "Airbnb to offer free housing to 100,000 Ukrainian refugees". The Guardian.
External links
- Media related to Airbnb at Wikimedia Commons
- Official website
- Business data for Airbnb, Inc.:
- Airbnb companies grouped at OpenCorporates