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The Latest Breaking News from Airbnb Inc

No More Parties in Airbnb, Company Bans It Permanently On Listings: Reuters

Airbnb Inc (NASDAQ:ABNB) is set to make the ban on parties in homes listed on its site permanent, citing a significant decrease in reports of unauthorized gatherings since the ban was implemented in August 2020, reported Reuters. Since implementing the strategy, ABNB has reported a 44% decrease in the rate of party…

Benzinga · Jun 28, 2022

Australia Sues Airbnb With Allegations Of Duping Customers Into Paying More

Amid the widening scrutiny against global technology platforms, the Australian antitrust watchdog has filed a lawsuit against Airbnb Inc (NASDAQ: ABNB), accusing it of misleading users into paying more.

Benzinga · Jun 9, 2022

Airbnb ends rentals in China to focus on outbound tourists

Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad

The Independent UK · May 24, 2022

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Why Is Airbnb Exiting The Chinese Domestic Market?

Sources tell CNBC that Airbnb Inc (NASDAQ: ABNB) is shutting down its domestic business in China.

Benzinga · May 23, 2022

Is Airbnb Stock a Smart Buy as We Head into the Summer Travel Season?

Accommodation-related services provider Airbnb (ABNB) reported solid revenue growth in its last quarter, driven by a surge in gross bookings globally. However, the stock is currently down nearly 30% in price year-to-date. So, would it be worth betting on the stock now as we head into the summer travel season?…

StockNews.com · May 11, 2022

'Pent-Up Demand Driving Strength': Airbnb Analysts React To Q1 Earnings Beat

Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate.

Benzinga · May 4, 2022

Jim Cramer Says Airbnb 'Best Of Crop' From 'Wild Times' IPOs

TV host Jim Cramer said Monday on Twitter that Airbnb Inc (NASDAQ: ABNB) “might be the best of that crop of companies that came public during those wild times.”

Benzinga · May 4, 2022

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Airbnb Q1 Earnings Highlights: Revenue And EPS Beat, Record Bookings, Strong Demand Moving Forward

Travel and vacation rental company Airbnb Inc (NASDAQ: ABNB) reported first quarter financial results after market close Tuesday. Here are the key highlights for investors.

Benzinga · May 3, 2022

What's Going On With Airbnb Shares Today?

Airbnb Inc (NASDAQ: ABNB) shares are trading lower by 4.29% at $146.23.

Benzinga · May 3, 2022

Airbnb To Let Employees 'Live And Work Anywhere' — But Here's The Fine Print

Starting in September, Airbnb Inc (NASDAQ: ABNB) employees will have the option to work from almost anywhere, the vacation rental company’s co-founder and CEO Brian Chesky wrote in a blog post on Thursday.

Benzinga · Apr 29, 2022

Here's Why Citi Added Amazon To Focus List

Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside). Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and…

Benzinga · Apr 20, 2022

Why Airbnb Analyst Isn't Recommending The Stock Despite One Of The 'Best Marketplace Models In The Internet Sector'

Airbnb Inc (NASDAQ: ABNB) investors are optimistic that the global travel industry recovery in 2022 will kick-start the stock after a lackluster past 12 months.

Benzinga · Apr 19, 2022

What's Sending Airbnb Shares Lower Today?

Airbnb Inc (NASDAQ: ABNB) shares are trading lower Monday alongside several other stocks in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.

Benzinga · Apr 18, 2022

Here's Why Airbnb Shares Are Moving

Shares of several companies in the hotels, restaurants and leisure sectors, including Airbnb Inc (NASDAQ: ABNB), are trading higher amid overall market strength as stocks rebound following Tuesday weakness.

Benzinga · Apr 13, 2022

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Benzinga · Apr 5, 2022

Survey: US Travel Demand On The Rise, And Airbnb Could Benefit

The global travel industry was crushed during the pandemic, but the latest travel survey from Bank of America suggests Airbnb Inc (NASDAQ: ABNB) could be a big winner from a rebound in travel demand this year.

Benzinga · Mar 24, 2022

Bad Bunny Transforms 53-Foot Touring Truck Into Airbnb Residence

The singer/songwriter Bad Bunny has teamed with Airbnb Inc (NASDAQ: ABNB) to turn his 53-foot matte black semi-truck into an overnight residence during his upcoming Miami concert that will cap his El Último Tour Del Mundo 2022 tour.

Benzinga · Mar 11, 2022

Deutsche Bank Is Bullish On These Travel Agencies - Read Why

Deutsche Bank analyst Lee Horowitz initiated coverage of Booking Holdings Inc (NASDAQ:BKNG) with a Buy rating and $2,512 price target, implying a 23.72% upside. The analyst predicts leisure travel demand in the 2022/2023 period will surpass 2019 levels on account of the rising savings rates and consumer demand. Lee Horowitz initiated coverage of Expedia Group Inc (NASDAQ:EXPE)…

Benzinga · Mar 4, 2022

Airbnb Suspends Operations In Russia, Belarus

Home rental company Airbnb Inc (NASDAQ:ABNB) suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted. Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine. The conglomerates include Facebook parent Meta Platforms Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google followed by the likes of Netflix Inc (NASDAQ:NFLX), Spotify Technology S.A. (NYSE: SPOT) and many more.…

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Benzinga · Mar 3, 2022

Why Airbnb, Carnival And Royal Caribbean Shares Are Falling Today

Shares of tarvel-related stocks including Airbnb Inc (NASDAQ: ABNB), Carnival Corp (NYSE: CCL) and Royal Caribbean Cruises Ltd (NYSE:

Benzinga · Mar 2, 2022

Booking Holdings Shareholders Should Brace For Volatility

Coming off of its strongest year since inception, Airbnb Inc (NASDAQ: ABNB) is widening its lead on the competition.

Reuters · Feb 28, 2022

Airbnb to house up to 100,000 Ukrainian refugees

Home rental company Airbnb Inc said on Monday its non-profit arm Airbnb.org would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine.

Benzinga · Feb 16, 2022

Why Airbnb Shares Are Rising Today

Airbnb Inc (NASDAQ: ABNB) is trading higher Wednesday after the company announced better-than-expected top-line results for the fourth quarter and issued guidance above estimates.

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