Airbnb Expansion

India is one of the "fastest-growing markets" for online accommodation hosting platform Airbnb and the country has the potential to be among its top 10 global markets in the coming years, according to its Chief Business Officer Dave Stephenson. The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs. "It (India) is one of our growth markets and we see a huge opportunity for growth in India in the future. In India, nights booked grew by almost 30 per cent YoY (Year-on-Year) in 2023 compared to 2022, which is a positive sign," Stephenson told PTI. For Airbnb, India is going to be "a large travel market", where it has seen a "strong desire" among the "Indian travellers to venture overseas as well as explore domestic destinations, especially those off the beaten path", he said. Though, Stephenson did

The San Francisco company believes the ban has worked, saying on Tuesday that reports of parties at listed properties have dropped 44 per cent from a year ago

The Bengaluru technology hub will aim to create local, skilled jobs, with plans for the centre to cater to a few hundred people in the initial phases, the company said in a statement

The world's going to be coming to India and India is going to be going to the world, says Chris Lehane

Starting with 2,000 homes in 13 cities, "Airbnb Plus" is intended for guests looking for beautiful homes, exceptional hosts and added peace of mind