Hipcamp’s closure of a USD57 million Series C funding round brings its internal value to more than USD300 million - more than double its value in 2019.
A new study commissioned by The Travel Technology Association (Travel Tech) and conducted by economic consulting firm Kloninger & Sims, finds that severe restrictions on Oahu’s alternative accommodations would have a devastating impact to the local economy.
At Airbnb’s headquarters, Ricardo Rosselló, governor, Puerto Rico, and Brian Chesky, co-Founder, Airbnb, and announced a new partnership to drive tourism to the island and support the region as it builds back after Hurricane Maria.
A recent report from Airbnb revealed that the federal government, which, throughout 2017, spent USD3.1 billion with hotels, and almost USD2 billion of it with just five chains, could save taxpayers USD413 million by staying with Airbnb.
Zimbabwe’s Ministry of Tourism is on a drive to register small lodges, households, restaurants and other eateries, in an effort to offer home stays and eateries for international tourists to choose from when visiting the country.
67 percent of young travellers choose to book their accommodation via Online Travel Agents (OTAs) and other intermediaries rather than directly with accommodation providers, according to the recent New Horizons global survey.
Airbnb’s Travel Trends report for this year has identified Columbus, Ohio as one of the hottest growth markets worldwide for users of the home-sharing service.
Airbnb is to invest USD1 million through 2020 to promote and support community-led tourism projects in Africa.
According to Chestertons Mena’s special market report focusing on Airbnb, the online marketplace and hospitality platform has proved to be particularly popular among investors and holidaymakers in Dubai.
According to Phocuswright’s Tours & Activities Come of Age: The Global Travel Activities Marketplace 2014-2020 report, the online tours and activities market will nearly triple from USD10 billion in 2014 to reach USD27 billion globally by 2020, as the industry expands its digital capabilities and more travellers are choosing to book online.