Behind Airbnb's Latest Expansion
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RetailWire on MSNAirbnb Pushes Major App Update, Expands Into Services and Experiences BookingsAirbnb has unveiled a trio of announcements signaling a deliberate expansion beyond its traditional business model.
Airbnb has rolled out an extensive new effort to make services from professional chefs, local tour guides, celebrities and others available through its platform.
Airbnb is broadening its horizons, venturing beyond its core home-rental business to include a wider array of services and experiences.
CEO Brian Chesky cited international expansion as a potential big driver of growth during the company’s earnings call on Thursday. Airbnb said its key expansion markets — including Italy, Germany, and Japan — grew more than twice as fast as Airbnb’s core markets.
The services include tours, personally cooked meals, photography, spa treatments, and personal training. Read more at straitstimes.com. Read more at straitstimes.com.
The property rental firm has announced a major expansion of its services as it aims to further challenge hotels.
Reinvestment in business: Airbnb has consistently reinvested its earnings into improving its platform, which should drive growth in bookings and revenue over the next few years. Analysts caution ...
The services include personally cooked meals, photography, spa treatments, and personal training. Read more at straitstimes.com. Read more at straitstimes.com.
Currently listed among Airbnb’s eight “expansion markets” - beyond its five core geographies -India’s rapid adoption of digital travel platforms is bolstering the company’s long-term outlook.
Short-term rental booking giant Airbnb has announced sweeping changes to its platform, with the $84 billion company intent on becoming a one-stop shop for a traveller’s wants and needs.
15hon MSN
"So that's our target audience, and we've seen great success with India. We've seen a 40 per cent increase in the number of millennials and Gen Z booking on Airbnb year over year. If you look at Q4 of 2024 relative to Q4 of 2023, we've seen a 40 per cent increase in those young people using Airbnb. That is a great growth trajectory," he asserted.
Airbnb is embarking upon a new chapter as it broadens its brand beyond vacation rentals. At its 2025 Summer Release event in Los Angeles on Tuesday, the company unveiled an expansion of its business with a redesigned app;