Airbnb on Wednesday launched its Arabic website in a bit to grow its presence across the Middle East and North-Africa region, where it has over 70,000 listings.
Today, Marriott International (NASDAQ: MAR) announced Homes & Villas by Marriott International, a home rental initiative offering 2,000 premium and luxury homes located in over 100 destinations throughout the United States, Europe, the Caribbean and Latin America.
Hollywood has a new suitor in Silicon Valley.
Lyric, which launched in 2014, caters its spaces – which it calls Creative Suites – to professionals seeking accommodations for between 2 and 200 days on Airbnb, HomeAway, Booking.com, and other hospitality marketplaces.
The report, issued by Dan Bucks, former director of the Montana Revenue Department and previous executive director of the Multistate Tax Commission says the decision last year provides the legal framework and incentive to tax Airbnb like every other U.S. online business now.
Airbnb is continuing to widen its focus beyond 'unconventional' hotels as it gets ready for a much-anticipated IPO.
Airbnb crossing the half-billion mark isn't surprising given recent aggressive expansion strategies. Valued at $31 billion, the San Francisco-headquartered business recently announced it would acquire HotelTonight in a deal reported to be worth roughly $465 million.
Up until a few years ago, the phrase 'getting an Airbnb' meant one thing: staying in the apartment, house, or spare room of a stranger, likely at a bargain price compared with nearby hotels. But in 2019, things aren't so simple.
President and CEO of the American Hotel & Lodging Association (AHLA) Chip Rogers issued the following statement in response to Airbnbs acquisition of Hotel Tonight:
AHLA President/CEO calls on state and local leaders in U.S. to pass stronger laws