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It was reported that short-term listings on Airbnb generated $85 million in net revenue in New York City alone in 2022. Then, in 2023, the city cracked down on short-term rentals on Airbnb, causing...
Airbnb warned investors of dwindling customer demand in an earnings call earlier this month, BI reported, and lowered its projected earnings for Q3 from $3.8 billion to between $3.67 billion and ...
Airbnb is making a renewed push into renting single rooms in a nod to its beginnings and a realization that renting an entire house is too expensive for many travelers, especially younger ones.
Airbnb, Inc. (/ ˌ ɛər ˌ b iː ɛ n ˈ b iː / AIR-BEE-en-BEE, an abbreviation of its original name, "Air Bed and Breakfast" [5]) is an American company operating an online marketplace for short-and-long-term homestays and experiences in various countries and regions.
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