Airbnb makes big changes for 10th anniversary

25 February, 2018, 00:12 | Author: Celia Hoffman
  • Airbnb is estimated to be worth $31bn

And Airbnb, which, like most startups, has been tight-lipped about its financials in the past, has promised to provide greater transparency by releasing its first annual stakeholder report in March.

Airbnb this week revealed a Roadmap created to jumpstart the company's annual guest count to more than 1 billion by 2028.

"Every year I think you have a sense you have even more responsibility than the year before", Chesky said in an interview with Reuters.

This is why he hopes the Roadmap would be able to fill in the gaps of those who have yet to convert. "Ten years ago we never dreamed of what Airbnb could become", said co-founder and chief executive Brian Chesky.

Certainly it has an ambitious target for a decade from now of arranging one billion overnight stays a year - that's three times as many as all the stays Airbnb has had since it was founded. Check out Airbnb now and plan a trip.

Among its goals: host more than a billion guests by 2028.

Perks like stocked fridges, to airport pick up and drop off, to access to fitness facilities were some of the suggestions given. In the spring, the company will also launch a luxury tier called Beyond by Airbnb, offering extravagant homes with the option to book a butler or personal chef. The Superguest trial launches with 10,000 people this summer before being rolled out to all guests later in the year.

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Users now have the choice of three property types - shared space, private room and entire home. After the update, which will launch in winter, the site will be adding four new property types to help travellers find the right space for their trip, 'Vacation Home, ' 'Unique Space, ' 'B&B, ' and 'Boutique'. That's one seventh of the worlds population - or - the populations of the U.S. and Europe combined.

Airbnb is expected to make a public initial offering from 2019.

This new Airbnb Plus feature is meant to weed out more hum-drum homes from the kinds of homes Airbnb would more like to stand out.

The company's new "Collections" feature aims to meet the needs of consumers traveling for a wider variety of occasions, including new property categories to roll out later this year for weddings, honeymoons, group getaways and dinner parties.

Airbnb has cherry picked more than 2,000 homes across 13 countries, including London, Barcelona, Rome, San Francisco, Los Angeles, Austin, Chicago, Sydney, Melbourne and Shanghai.

To be eligible for Plus, a host must pay an application fee of $149 United States dollars (approximately $190 CAD) and submit to a thorough investigation by an Airbnb inspector and photographer, who will be sent to the home to take professional-quality photos for the listing and ensure that the location complies with a new 100-point quality checklist.

Guests can therefore have a peace of mind that these listings are guaranteed to be of excellent quality.


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