Airbnb

Airbnb, Inc.
Company typePublic
NASDAQ: ABNB
IndustryLodging
FoundedAugust 2008; 16 years ago (2008-08) in San Francisco, California
FounderBrian Chesky
Joe Gebbia
Nathan Blecharczyk
HeadquartersSan Francisco, California
Area served
Worldwide
ServicesLodging
Hospitality
RevenueDecrease $3.378 billion (2020)
Decrease -$4.584 billion (2020)
Total assetsIncrease $10.491 billion (2020)
Total equityIncrease $2.901 billion (2020)
Number of employees
5,597 (2020)
Websiteairbnb.com
Footnotes / references
[1][2]

Airbnb is an online service for lodging. The name means Air Bed and Breakfast.[3][4][5] It is available in 190 countries.[6][7]

It is based in San Francisco, California.

Overview

Airbnb clients have the opportunity to provide housing partially or fully to different travelers, in exchange for a rental fee. The site provides a platform for establishing contact between the owner and the guest. Airbnb is also responsible for money payments. Airbnb offers housing in 65,000 cities in 191 countries of the world.[8] From its founding in August 2008 through April 2017, more than 150 million people found housing through the Airbnb website and associated app.

Short-term rentals are regulated in many places. Hosts may have to have business licenses. They may have to pay hotel taxes. There may be other rules. In Italy they should collect 21% of landlords’ rental income as tax. In New York people cannot rent their homes for less than 30 days unless they are present on the property.[9]

History

Airbnb was founded in 2008 by Brian Chesky, Nathan Blecharczyk and Joe Gebbia.[10][11][12][13] The offices were in San Francisco, then in Hamburg and Berlin.[14]

The company had 21 funding rounds and got $6B in total.[15][16][16][17][18][19][20][21][22][23]

In 2011, the service won an app award on the South by Southwest conference.[24]

In October 2011, the first international office in London was opened.[25]

In 2012, the company made new locations in Paris, Milan, Barcelona, Copenhagen, Moscow, Sydney, Singapore and São Paulo.[26][27][28][29]

In 2015, the office in Cuba was launched.[30][31]

In 2018, Airbnb Plus and Beyond by Airbnb services were announced to appear.[32][33]

In 2020, Airbnb became a public company.[34]

References

  1. ↑ "Company Overview of Airbnb, Inc". Bloomberg L.P. January 7, 2018. Archived from the original on January 8, 2018. Retrieved January 8, 2018.
  2. ↑ "Airbnb, Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission. Archived from the original on 2022-03-18. Retrieved 2022-06-26.
  3. ↑ "AirBed And Breakfast Takes Pad Crashing To A Whole New Level". TechCrunch. Archived from the original on 2022-06-26. Retrieved 2021-05-14.
  4. ↑ Geron, Tomio (2009-06-10). "From Crash Pad To Pizza Profitable, Start-Up Eyes Budget Travel Market". Wall Street Journal. ISSN 0099-9660. Archived from the original on 2020-08-05. Retrieved 2021-05-14.
  5. ↑ "Why is it Called Airbnb? | Rewind & Capture". Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  6. ↑ Benner, Katie (2017-05-02). "Airbnb Settles Lawsuit With Its Hometown, San Francisco". The New York Times. ISSN 0362-4331. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  7. ↑ "Financial Times - Airbnb". Financial Times. 8 November 2020. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  8. ↑ "Airbnb: Most Innovative Company". Fast Company. Archived from the original on 2021-06-24. Retrieved 2021-07-14.
  9. ↑ "Airbnb to pay €576mn settlement in end to tax dispute in Italy". www.ft.com. Retrieved 2023-12-14.
  10. ↑ Aydin, Rebecca. "How 3 guys turned renting air mattresses in their apartment into a $31 billion company, Airbnb". Business Insider. Archived from the original on 2021-04-08. Retrieved 2021-05-14.
  11. ↑ McCann, Chris (2015-12-08). "Scaling Airbnb with Brian Chesky — Class 18 Notes of Stanford University's CS183C". Medium. Archived from the original on 2021-05-13. Retrieved 2021-05-14.
  12. ↑ "New License to Explore: Airbnb's Nathan Blecharczyk '05". Harvard Alumni. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  13. ↑ Drell, Lauren (25 December 2011). "How Do Co-Founders Meet? 17 Startups Tell All". Mashable. Archived from the original on 2021-01-16. Retrieved 2021-05-14.
  14. ↑ "Airbnb Checks In With Springstar For International Expansion". TechCrunch. Archived from the original on 2022-06-26. Retrieved 2021-05-14.
  15. ↑ "Series D - Airbnb - 2014-04-16 - Crunchbase Funding Round Profile". Crunchbase. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  16. ↑ 16.0 16.1 Austin, Scott (2011-07-25). "Airbnb: From Y Combinator To $112M Funding In Three Years". Wall Street Journal. ISSN 0099-9660. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  17. ↑ Gallagher, Leigh (2017-02-14). The Airbnb Story: How Three Ordinary Guys Disrupted an Industry, Made Billions . . . and Created Plenty of Controversy. Houghton Mifflin Harcourt. ISBN 978-0-544-95387-1. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  18. ↑ Wortham, Jenna (2010-11-10). "Airbnb Raises Cash to Expand Budget-Travel Service". Bits Blog. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  19. ↑ Malik, Om (2011-07-24). "AirBnB gets $112M in new investment". gigaom.com. Archived from the original on 2022-06-26. Retrieved 2021-05-14.
  20. ↑ "Airbnb closes $475 million funding round". Fortune. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  21. ↑ Thomas, Lauren (2017-03-09). "Airbnb just closed a $1 billion round and became profitable in 2016". CNBC. Archived from the original on 2017-11-13. Retrieved 2021-05-14.
  22. ↑ Batchelor, Deirdre Bosa,Laura (2020-04-06). "Airbnb is raising $1 billion amid fallout from coronanvirus". CNBC. Archived from the original on 2021-05-14. Retrieved 2021-05-14.{{cite web}}: CS1 maint: multiple names: authors list (link)
  23. ↑ Shapiro, Ariel. "With IPO Plans Looking Shaky, Airbnb Raises $1 Billion In Funding". Forbes. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  24. ↑ Black, Tiffany (2011-03-15). "Airbnb Mobile App Stands Out at SXSW". Inc.com. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  25. ↑ "Airbnb set to expand with London office". www.telegraph.co.uk. Archived from the original on 2022-01-11. Retrieved 2021-05-14.
  26. ↑ "Airbnb: 5 Million Nights Booked, Opening 6 New International Offices In Q1 2012". TechCrunch. Archived from the original on 2019-06-24. Retrieved 2021-05-14.
  27. ↑ Ong, Josh (2012-11-02). "Airbnb launches in Australia with new office in Sydney, coming soon to Thailand and Indonesia". TNW | Asia. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  28. ↑ LeMay, Renai (2012-11-05). "Airbnb officially launches in Australia". Delimiter. Archived from the original on 2022-06-26. Retrieved 2021-05-14.
  29. ↑ Russell, Jon (2012-11-21). "Airbnb targets 2 million properties in Asia as it begins introducing local customer support". TNW | Asia. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  30. ↑ "Airbnb in Cuba". Bloomberg.com. 11 May 2015. Archived from the original on 2021-08-17. Retrieved 2021-05-14.
  31. ↑ Macias, Amanda. "Here's what it's like to stay in a Cuban Airbnb, where everything looked great but was actually broken". Business Insider. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  32. ↑ Sims, Amanda (6 March 2018). "The Secret to Getting Your Home on Airbnb Plus". Architectural Digest. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  33. ↑ "Airbnb Plus and Everything CEO Brian Chesky Just Announced". Skift. 2018-02-22. Archived from the original on 2021-05-14. Retrieved 2021-05-14.
  34. ↑ "Airbnb CEO Brian Chesky could be worth over $11 billion after IPO". Fortune. Archived from the original on 2021-05-14. Retrieved 2021-05-14.

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