Airbnb to spend USD 250 million in new businesses in 2025

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Airbnb has announced an ambitious expansion plan with the aim of becoming a one-stop shop for all things travel and living. Brian Chesky, the company's co-founder and CEO, said the company is looking to evolve beyond short-term rentals to offer a range of new options within its app, in a move similar to that made by Amazon when it expanded its offering beyond books. A step beyond accommodation Chesky has emphasized that Airbnb wants to be much m…

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Airbnb to spend USD 250 million in new businesses in 2025

Rate this post Short-term rental giant Airbnb says its business grew rapidly in the fourth quarter of 2024 as growth in nights booked accelerated in Q4 compared to Q3, leading to over a full-year performance of 491 million nights and experiences booked and Gross Business Volumes of nearly USD 82 billion. The company says that its revenue surpassed USD 11.1 billion in 2024 driven by strong demand and a modest increase in ADR, as well as its monet…