Airbnb

Airbnb

Online marketplace for lodging and experiences

About Airbnb

Simplify's Rating
Why Airbnb is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Government & Public Sector

Real Estate

Company Size

10,001+

Company Stage

IPO

Total Funding

$3.7B

Headquarters

San Francisco, California

Founded

2007

Overview

Company Historically Provides H1B Sponsorship

Airbnb operates an online marketplace that connects travelers with hosts offering lodging and unique tourism experiences. The platform allows hosts to list their properties, which can range from single rooms to entire homes, enabling guests to book accommodations that provide a more authentic local experience. Airbnb earns revenue through a commission system, taking a percentage from each booking made on its platform. With a presence in nearly every country and over 5 million hosts, Airbnb has facilitated more than 1.5 billion guest arrivals. In addition to lodging, the platform also offers various local experiences organized by hosts, enriching the travel experience for guests.

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Simplify's Take

What believers are saying

  • Growing demand for 'workcations' boosts longer stays and increased bookings.
  • Rising interest in sustainable travel benefits Airbnb's eco-friendly accommodations.
  • Expansion of Airbnb Experiences attracts travelers seeking authentic local activities.

What critics are saying

  • Increased competition from hotel chains offering similar flexible booking options.
  • Emerging local regulations may limit short-term rental availability in key markets.
  • Rising operational costs could lead to higher prices, affecting guest affordability.

What makes Airbnb unique

  • Airbnb offers unique and remote stays, appealing to post-pandemic travelers.
  • The platform provides immersive local experiences, setting it apart from traditional lodging.
  • Airbnb's AI customer support system enhances user experience and operational efficiency.

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Funding

Total Funding

$3694M

Above

Industry Average

Funded Over

10 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Comprehensive health plans

Paid volunteer time

Healthy food and snacks

Generous parental and family leave

Learning and development

Annual travel and experiences credit

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

-2%
GeekWire
Feb 19th, 2025
Airbnb Pushes Back On New Bill That Would Tax Short-Term Rentals To Fund Housing In Washington

In practice, taxes on short-term rentals are typically passed on to the guest as part of the total booking cost. Short-term rentals in Washington state are being targeted for funds that would help pay for affordable housing across the state. (Airbnb Photo)Opponents rallied at the Washington State Capitol in Olympia on Tuesday to voice their displeasure for a bill being considered by the legislature that would impose a 6% tax on short-term rental bookings across the state to help communities fund affordable housing.The action was organized by vacation rental giant Airbnb in coordination with Washington Hosts Collaborative Alliance (WHCA), an Airbnb-backed and host-led organization that says it’s dedicated to “fair, common-sense regulation” of short-term rentals.San Francisco-based Airbnb recently launched a new political action committee in Washington called Airbnb Helps Our State Thrive (HOST) PAC. The PAC’s intent is to advocate for residents and communities who rely on home sharing and would be negatively impacted by a new tax. Flush with $1 million, the PAC took out a full-page ad in The Seattle Times Tuesday advising Washingtonians to “say no to the vacation tax.” A companion website asks people to sign up for related updates.“We support policies to help boost housing supply across the state, but a tax that creates an unfair competitive disadvantage for Washingtonians who share their home to make ends meet is not the right approach,” the PAC said in a statement to GeekWire. “We welcome the opportunity to work with lawmakers on other legislative efforts that help bolster affordable housing supply in Washington.”Washington Sen. Liz Lovelett, D-40

GeekWire
Feb 19th, 2025
Airbnb pushes back on new bill that would tax short-term rentals to fund housing in Washington

San Francisco-based Airbnb recently launched a new political action committee in Washington called Airbnb Helps Our State Thrive (HOST) PAC.

Tech in Asia
Feb 15th, 2025
Airbnb to launch AI customer support system

24-May-2022 | Airbnb to exit China, lay off 60 workers Airbnb to exit China, laying off 60 workers Focus shifts to outbound travel with 150 staff retained

PYMNTS
Feb 14th, 2025
Airbnb Overhauls Mobile App To Be ‘Similar To Amazon’

Airbnb is accessed by about 1.6 billion devices per year, according to CEO Brian Chesky, “but we’re not a frequently used app.”To address this, the company is investing in refining its mobile app, streamlining the booking process, and offering a more tailored experience, Chesky explained during Airbnb’s fourth-quarter earnings Thursday (Feb. 13). This ties directly to Airbnb’s overarching strategy to increase growth by elevating the user experience for guests and hosts.Modernizing Airbnb’s App“We want the Airbnb app to be similar to Amazon, in that you only need one place to go,” Chesky explained. “We’re going to start with things adjacent to travel. This goes along with our product optimization. We have 5 billion visitors a year to Airbnb

MarketBeat
Feb 12th, 2025
Birch Hill Investment Advisors LLC Makes New $849,000 Investment in Airbnb, Inc. (NASDAQ:ABNB)

Birch Hill Investment Advisors LLC makes new $849,000 Investment in Airbnb, Inc. (NASDAQ:ABNB).

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