Airbnb News

What started as AirBedandBreakfast.com has grown into a massive public company that IPOd in 2020. Airbnb is now the world’s largest online alternative-accommodation community, allowing millions of users to list, search, and rent authentic homestays and vacation-rental experiences in countless cities across the globe.

CEO Hints Booking Holdings Is Ready to Buy More Companies

Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior year. Industry ears perked up when CEO Glenn Fogel mentioned mergers and acquisitions as a possible tactic to reignite growth a few times during an investor conference call.

Hawaii Weighs Measures to Curb Airbnb

While Hawaii is not the only destination reeling from the impact of short-term rentals from Airbnb and other providers, its already sky-high housing prices and limited land make the problem especially acute. Regulatory measures to control the number of illegal rentals may provide some relief.