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Industries
Government & Public Sector
Real Estate
Company Size
10,001+
Company Stage
IPO
Total Funding
$3.7B
Headquarters
San Francisco, California
Founded
2007
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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Total Funding
$3694M
Above
Industry Average
Funded Over
10 Rounds
Comprehensive health plans
Paid volunteer time
Healthy food and snacks
Generous parental and family leave
Learning and development
Annual travel and experiences credit
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
San Francisco-based Airbnb recently launched a new political action committee in Washington called Airbnb Helps Our State Thrive (HOST) PAC.
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
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
Birch Hill Investment Advisors LLC makes new $849,000 Investment in Airbnb, Inc. (NASDAQ:ABNB).
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Industries
Government & Public Sector
Real Estate
Company Size
10,001+
Company Stage
IPO
Total Funding
$3.7B
Headquarters
San Francisco, California
Founded
2007
Find jobs on Simplify and start your career today