Tag Archives: Airbnb

Yahoo Finance Live anchors Josh Lipton and Julie Hyman preview the top headlines and data investors should pay attention to for Tuesday, February 13, including earnings out from companies like Coca-Cola (KO) and Airbnb (ABNB), as well as January’s Consumer Price Index (CPI) print. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Luke Carberry Mogan. Source link

Online Travel This Week Airbnb thinks it’s unfair that the European Commission is proposing increased data-sharing requirements on short-term rental providers across the zone, but Google seemingly is escaping the clampdown. In a reply to the European Commission proposal on data collection and sharing made earlier in 2022, Airbnb issued a statement late last month noting that small players would have compliance requirements far less onerous than major short-term rental platforms, “or even… Source link

Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link

Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link

Airbnb (ABNB) is betting that a continued economic downturn will provide a tailwind for the travel company to expand its pool of hosts, looking to earn some extra income. In fact, CEO Brian Chesky said he’s already seeing a shift in behavior on the platform, reminiscent of the Great Recession when the company was first founded. “I think this is going to be in some ways similar to 2008,” said Chesky, speaking to Yahoo Finance Live (video above). “A lot of people that weren’t considering… Source link

Airbnb co-founder and CEO Brian Chesky.Kimberly White/Getty Images Airbnb CEO Brian Chesky recently announced the company will let employees work remotely forever without losing pay. In an interview for Time’s The Leadership Brief, he said “the office as we know it, is over.” He also explained why he thinks the three-day in-office hybrid model is flawed. For Airbnb CEO Brian Chesky, working at the office is now a relic of the past. In an interview for Time’s The Leadership Brief published Sunday,… Source link

Airbnb employees can choose to work from anywhere forever.Martin Bureau/AFP/Getty Images Airbnb announced last week that staff can choose to work where they are the “most productive.” Staff will not suffer a pay cut if they work anywhere within their home country, the company added. The company said its careers page was viewed more than 800,000 times after the announcement. A deluge of jobseekers hit Airbnb’s careers page after the company announced last Thursday that employees could live and… Source link

Airbnb (ABNB) reported first-quarter results that exceeded estimates, as virus-related restrictions eased further and helped lift business. The company also reported its first quarter of positive adjusted EBITDA even as it navigated a jump in Omicron cases at the beginning of this year and international disruptions due to Russia’s invasion of Ukraine. Shares of Airbnb rose 6.5% in after-hours trading immediately following the results. Here’s what the lodging company posted in fiscal… Source link

The acceleration of remote work has created an entirely new category of long-term travel, according to Airbnb (ABNB) CEO Brian Chesky. Now, he’s joining the ranks, opting to run his global company from a different Airbnb listing every few weeks — armed with nothing more than a laptop and good WiFi.  “I think that we’re living through probably the biggest change to travel since the advent of commercial flying, because the entire identity of travel is evolving,” he said, in an interview… Source link

Travel platform Expedia (EXPE) and home sharing site Airbnb (ABNB) are two of the stocks swept into the market sell-off on Friday over concerns of a COVID variant first detected in southern Africa. Expedia, the fifth-worst performer in the S&P 500, dropped as much as 11% during the shortened trading day on Friday. Shares closed 9% lower at $159.80 each. Airbnb’s stock closed the session down more than 3% at $173.86. Travel reservation platform Booking Holdings (BKNG) also declined more than 7%… Source link