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Airbnn is urging more Parisians to put their homes up for rent for next year's Olympics

Olympics: Airbnb CEO urges Parisians to rent out homes

Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, chief executive Brian Chesky has said.

Business • 27 Sep 23

Airbnb said it expects fewer bookings and lower average daily rates, or accommodation prices, in the second quarter

Airbnb forecast's hints at easing travel demand

Airbnb's shares slid 12% on Wall Street today after the holiday rental firm issued a gloomy second-quarter forecast and signaled that the high cost of travel may be finally catching up to budget-conscious US consumers.

Business • 10 May 23

46% of hosts on Airbnb said they used the extra money from renting out properties to pay for food and other items

Airbnb says single-room listings jump

Airbnb said today it had recorded a "disproportionate" 31% rise in single-room listings on its platform in the third quarter, as more people sought extra income in the face of a cost-of-living crisis.

Business • 16 Nov 22

Strong demand helped push up prices charged by hosts, with average daily rates during the fourth quarter up 20% at $154, Airbnb said

Airbnb sees strong Q1 revenue on travel demand

Airbnb has forecast a better than expected first-quarter revenue after the short-term home rental company reported strong quarterly results on rising domestic travel and longer stays by guests at higher prices.

Business • 16 Feb 22

Airbnb has offered to house 20,000 Afghan refugees for free around the world, as people flee Kabul after the Taliban takeover

Airbnb offers free housing to 20,000 Afghan refugees

Online accommodation platform Airbnb has today offered to house 20,000 Afghan refugees for free around the world, as people flee Kabul following the Taliban takeover.

Business • 24 Aug 21

The San Francisco-based company said it expects second-quarter revenue to be similar to 2019 levels

Airbnb bookings jump 52% as vaccinations spur demand

Airbnb has beaten Wall Street expectations for first-quarter gross bookings and revenue, as speedy Covid-19 vaccinations and easing restrictions encouraged more people to check into its holiday rentals.

Business • 14 May 21

The IPO is the culmination of a stunning recovery in Airbnb's fortunes after its business was heavily damaged by the Covid-19 pandemic earlier this year

Airbnb valuation surges past $100 billion

Shares of Airbnb more than doubled in their stock market debut yesterday, valuing the home rental firm at just over $100 billion in the biggest US initial public offering (IPO) of 2020 and capping a bumper year in which investors flocked to tech stocks.

Business • 11 Dec 20

Airbnb has lowered its internal valuation by 16% to $26 billion

Airbnb lowers valuation to $26bn as virus hits bookings

Airbnb lowered its internal valuation by 16% to $26 billion, as the US home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter has told Reuters.

Business • 03 Apr 20

Brian Chesky