Showing 1 - 4 of 4
Airbnb upbeat as tourism rebounds
Business, Narumon Kasemsuk, Published on 05/05/2023
» Airbnb closed 2022 with an impressive turnaround as the pandemic-hit business reported its first annual profit on revenue growth of 40% to US$8.4 billion, with net income of $1.9 billion.
Rich Americans Borrow to Live Off Their Paper Wealth
Business, Rachel Louise Ensign & Richard Rubin, Published on 13/07/2021
» Rising stocks and rock-bottom interest rates have delivered a big perk to rich Americans: cheap loans that they can use to fund their lifestyles while minimizing their tax bills.
Airbnb Racks Up Hundreds of Millions in Losses Due to Coronavirus
Business, Preetika Rana, Jean Eaglesham & Kirsten Grind, Published on 23/03/2020
» Airbnb Inc. is considering raising capital from new investors, as the home-sharing giant wrestles with escalating losses due to the devastating impact of the coronavirus pandemic on its global business, according to people close to the company.
European cities struggle to cope with 'overtourism'
Business, Reuters, Published on 26/03/2018
» BERLIN: Europe's tourist hotspots are looking for new ways to cope with "overtourism", where cities like Venice, Dubrovnik and Barcelona are struggling to manage huge crowds arriving daily on cheap flights and cruise ships.