Airbnb to spend $97 million over ten years on new office
Skift Take
Airbnb likes to say its business is about people. The $97m speaks loudly, though, that this business is definitely about business -- lots and lots of it.
If you were looking for signs of hyper-inflation in the San Francisco real estate market, then look no further than 888 Brannan, an iconic 95-year-old building that till recently has played home to San Francisco’s Jewelry Mart...
It is the new home for AirBnB, a San Francisco-based person-to-person room, apartment and house-rental company.
Up Next
Hotels
How Data Quality Issues Impact Global Hospitality Operations
There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
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Podcasts
AI’s Risk to Travel, TUI's Local Product and Qatar Airways' AI Agent
On today’s podcast we unpack the impact AI on smartphones, TUI’s new local product, and Qatar Air’s new AI tool.
Airlines
Why Indian Airlines Aren't Making Money Despite the Travel Boom
As travel demand grows, Indian airlines have a golden opportunity to increase revenues. However, high fuel prices, lease liabilities, and depreciating Indian Rupee are leading to unfavorable financials for the industry.
Travel Technology
The AI on Your Phone Keeps Getting Better - That's a Risk For Travel Companies
If the AI built directly into mobile phones allows users to book travel in the future, then will there be a need for third-party travel apps?
Experiences
TUI to Launch New Experiences Aimed at Locals
The new deal with Fever is tapping into Generation Z and Millennials' preferences for experiences over material goods, and giving TUI a new opportunity for sales with locals.