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Airbnb Inc. is a global technology company operating in the information services industry, focused on the digital intermediation of lodging and tourism experiences.
Founded in 2008 in the United States by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia, the company has become one of the leading digital platforms in the hospitality and travel sector.
Initially motivated by a personal need of the founders, the company originated from an effort to supplement income by renting space in their home to participants of an event in San Francisco, California. This solution led to a business model based on the sharing economy, with emphasis on innovation and accessibility.
Airbnb’s portfolio includes a wide range of lodging options, such as rooms, houses, and apartments, as well as unique spaces like cabins, castles, and luxury residences integrated into the Airbnb Luxe platform.
The company also offers its Experiences service, which consists of cultural and tourism activities led by local hosts, ranging from guided tours to thematic workshops. Its operations are global, with more than 4 million listings across approximately 100,000 cities, connecting hosts and travelers in nearly every country.
This broad and diversified international presence enables the company to serve different customer profiles, from leisure tourists to corporate travelers and long-term stays.
The company’s market is influenced by factors such as global tourism trends, changing consumer behavior, local regulations on short-term rentals, and the ongoing digital transformation within the hospitality sector. Airbnb competes directly with traditional hotel chains and other digital platforms offering short-term rentals.
The company’s operational structure is based on a digital and decentralized model, operating globally without the need for extensive physical branches. Customer support is provided in a regionalized manner, adapting to regulatory and cultural specificities in each market.
This model, supported by an integrated technological platform, provides high flexibility and scalability for its operations.
Airbnb Inc. shares are traded on Nasdaq under the ticker ABNB.
History and when Airbnb was created
Airbnb Inc. was founded in 2008 in San Francisco, California, by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. The concept originated in 2007, when the founders faced financial difficulties and decided to rent air mattresses in their living room to attendees of a local conference.
This initiative sparked the idea of a digital platform designed to directly connect hosts and guests. In the following years, the company faced challenges related to user acquisition and building trust between hosts and travelers.
In 2009, the company received a US$600,000 investment from the Y Combinator accelerator, which enabled improvements to the platform and an expansion of its services, including full-home and apartment rentals.
The first international expansion occurred in 2011, with the opening of a unit in Germany. In the subsequent years, the company strengthened its global presence by expanding its range of products and services and adapting to regulatory requirements in various markets.
Its initial public offering (IPO) took place in 2020 on Nasdaq, representing one of the largest technology IPOs of the year. The capital raised enabled increased investments in technology, marketing, and new product development.
Between 2020 and 2024, the company faced significant challenges due to the COVID-19 pandemic, which drastically reduced the demand for international travel. In response, Airbnb adjusted its business model by focusing on long-term stays and domestic travel.
The company also reinforced its offering of experiences and premium services, leveraging the gradual recovery of the global tourism sector.
Additional Information
The Company Airbnb Inc. (United States), is listed on Nasdaq with a market cap of $ 69.81 Billions, having an equity of $ 8.61 Billions.
With a total of 5.597 employees, the company is listed in the sector of Technology and categorized in industry of Computer Services.
In the last 12 months the Company had a revenue of $ 11.94 Billions, which generated a profit in the amount of $ 2.63 Billions.
As for its main indicators, the Company has a P/E ratio of 26.53, a P/BV ratio of 8.11 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker ABNB.
