Keyword Airbnb

Travel platform

Lodging and tourism experience platform Airbnb was founded in San Francisco, California and nowadays, it has in Brazil as one of its main markets worldwide. Get to know Airbnb’s latest news in Brazil and Latin America.

In December 2020, Airbnb led the U.S. biggest IPO of the year. The lodging and tourism experience platform shares soared in their stock market debut, valuing the home rental firm at $101.6 billion, capping a bumper year that saw investors flock to tech darlings.

A month earlier, Airbnb’s paperwork showed a slowdown in its core business due to the COVID-19 pandemic. Airbnb reported revenue of $2.52 billion for the nine months ended Sept. 30 compared with $3.7 billion a year earlier, according to its S-1 filing. Net losses widened to $697 million, from $323 million a year earlier.

To cope with the pandemic challenges, Airbnb implemented a series of innovations. One of them was the online experiences. In August 2020, these experiences included Mexico’s destinations: Airbnb and the Conservatory of Mexican Gastronomic Culture (CCGM) partnered up to offer a series of online experiences taught by chefs and local producers. The alliance is was a joint strategy to promote the country’s culinary tradition, as well as to encourage tourism and the recovery of Mexico’s travel destinations.