4 things Airbnb is doing to prepare for the return to travel, according to CEO Brian Chesky
Summary List Placement Airbnb reported its fourth-quarter earnings on Thursday , and the company said it's gearing up for a wave of pent-up demand for travel. On the company's...
1 hour ago - Business Insider
‘Travel is coming back,' says Airbnb, as it beats revenue estimates in first earnings
Despite travel grinding to a halt last year, Airbnb says its revenue for the fourth quarter was down only 22% compared to the same period in 2019. In its first earnings report...
1 hour ago - Fast Company - 2 articles
Airbnb reports huge loss in first time out as public company
Home-sharing site Airbnb posted a $3.9 billion loss in the fourth quarter of 2020 as it suffered from the pandemic downturn in travel and recorded one-time costs for becoming a...
1 hour ago - Chron - 3 articles
Airbnb reports a Q4 revenue of $859 million, surpassing analyst expectations despite its 'frenzied' IPO and COVID-19
Airbnb. Yuriko Nakao/Getty Image Airbnb on Thursday reported $859 million in Q4 revenue, surpassing analyst expectations. Airbnb saw a "frenzied" IPO in December 2020 and...
2 hours ago - Business Insider - 2 articles
Digital Nomads Are Helping Fuel Recovery in the Middle East - PhocusWire
Dubai has become a destination for digital nomads looking to live and work in one place for an extended period of time, according to data from travel analysis firm ForwardKeys.
4 hours ago - Hotel News Resource
The Role of Revenue Performance in the COVID-19 Rebound - By Vivek Bhogaraju
The COVID-19 pandemic has brought a tremendous amount of uncertainty to the travel industry, including the revenue performance discipline, with many accommodations resting...
4 hours ago - Hotel News Resource
HSMAI Welcomes a New 2021 Americas Board
The Hospitality Sales and Marketing Association International is proud to announce the members of its 2021 Americas Board of Directors and Executive Committee. The board is...
4 hours ago - Hotel News Resource
Spirit Airlines is adding 7 new low-cost leisure routes across the US with 2 new destinations - here's the full list
A Spirit Airlines Airbus A319. Spirit Spirit Airlines is adding Milwaukee and Louisville, Kentucky to its route network later in 2021. Daily flights will operate to Los...
4 hours ago - Business Insider - 2 articles
Sergey Brin's airship will use world's biggest mobile hydrogen fuel cell
Sergey Brin's secretive airship company LTA Research and Exploration is planning to power a huge disaster relief airship with an equally record-breaking hydrogen fuel cell. A...
6 hours ago - Tech Crunch - 2 articles
Stoke Space wants to take reusable rockets to new heights with $9M seed
Many launch providers think reusability is the best way to lower the cost and delay involved in getting to space. SpaceX and Rocket Lab have shown reusable first stages, which...
6 hours ago - Tech Crunch - 2 articles
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AT&T spinning off DirecTV after losing millions of customers
AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015. DirecTV has lost millions of customers on...
Moderna climbs as 4th-quarter sales blow past expectations and 2021...
Summary List Placement Shares of Moderna soared as high as 10% on Thursday after the biotech company revealed fourth-quarter sales that were more than double Wall Street...
Tech rout pulls Nasdaq down 3.5%, biggest loss since October
A rout in technology companies pulled the Nasdaq down 3.5% Thursday, the biggest loss for the tech-heavy index since last October. The S&P 500 gave up 2.4% and the Dow Jones...
Salesforce beat earnings expectations. From $11.8 million to $26 million...
Summary List Placement Salesforce posted positive earnings results Thursday, with earnings of $1.04 a share for the fourth quarter. Analysts expected earnings of $0.75 per...
Estée Lauder bought Deciem at a valuation of $2.2 billion, and Jessica...
Summary List Placement So far this year big names in beauty have either made plans to tap the public markets or found a buyer. Bloomberg reported in January that Jessica Alba's...
Zillow to Start Cashing in on Zestimates, Industry Responds
There's been no shortage of news when it comes to Zillow, a company that kicked things off in the early 2000s with a home-search portal that consumers now recognize as the...
GameStop's resurgence amid a new Reddit-trader push has institutional...
Summary List Placement Institutional investors have had "triple check" their short exposure amid a resurgence in the Reddit-trader movement , according to SkyBridge Co-Chief...
CEO behind P&G brands like Tide, Dawn, and Swiffer on how to spark...
Summary List Placement Shailesh Jejurikar is the CEO of Procter & Gamble's largest business line, Fabric & Home Care, which accounted for more than a third of the company's $71...
These are the 12 Amazon executive positions that are now vacant following...
Summary List Placement Amazon has big shoes to fill after a series of high-profile executive departures that took place over the past year. The changes are remarkable - and...
15 franchise businesses you can start from home - or a van - for less than...
Summary List Placement Property costs are one of the significant expenses when starting or running a business, but many franchises offer entrepreneurs a way to operate a...