Blaming COVID-19, Airbnb Reports 1Q Loss Of Nearly $1.2 BillionAirbnb reported Thursday that its first-quarter loss more than tripled, to $1.17 billion, as travel remained depressed by the pandemic, but revenue topped the same period in 2019.
Brisbane City Council to Discuss Short-Term Rental ComplianceBrisbane's City Council scheduled a discussion on short-term rental compliance and whether to collect back taxes from short-term rental hosts during its meeting Thursday.
San Francisco-Based Airbnb Reports Huge 4th-Quarter LossSan Francisco-based home-sharing site Airbnb posted a $3.9 billion loss in the fourth quarter of 2020 as it suffered from the pandemic downturn in travel and recorded one-time costs for becoming a public company.
San Francisco-Based Airbnb Cancelling All Washington D.C. Reservations For Inaugural WeekSan Francisco-based home-sharing giant Airbnb has announced it will be blocking and cancelling all reservations in the Washington, D.C. area during the week of the presidential inauguration.
Capitol Siege: San Francisco-Based Airbnb Banning Rioters, Hate Groups Ahead Of InaugurationAirbnb says it’s reviewing reservations in the Washington, D.C., area ahead of next week’s presidential inauguration and will bar any guests associated with hate groups or violent activity.
Capitol Siege: Airbnb Says It Will Try To Ban Rioters From Inauguration StaysAirbnb announced on Monday plans to attempt to restrict rioters who stormed the Capitol from returning to the Washington, DC area for next week's presidential inauguration.
COVID Surge: Airbnb Tries To Discourage New Year's Eve Parties Amid PandemicBay Area based Airbnb is taking new steps to keep large groups from ringing in the new year at vacation rentals by discouraging house parties.
Airbnb Cracks Down On Dozens Of Bay Area Properties Over Parties, Events Amid COVID-19 Pandemic Airbnb recently suspended or removed more than 65 properties in San Francisco, Oakland and San Jose from its platform after they received complaints or violated the company's party and event policy.
Airbnb IPO: Shares More Than Double In Price In Long-Awaited Debut, Close At $144.71Airbnb shares more than doubled in price as the home sharing company made its debut Thursday on the Nasdaq stock exchange.
Airbnb IPO: Home Sharing Company Going Public After Showing Resilience In PandemicAirbnb proved its resilience in a year that has upended global travel. Now the San Francisco-based company needs to prove to investors that it sees more growth ahead.
Airbnb Hikes Share Price Ahead Of Expected IPO This WeekAirbnb has raised the price of its shares ahead of its initial public offering this week, with the San Francisco-based company betting investors will pay more given its resiliency during the pandemic.