Airbnb Delivers First Full Year of Profits

Florence has been at the top of my travel bucket list for years, and this summer I finally crossed it off. It's since made its way to the top of another list of mine—my ranking of favorite cities. The food, the architecture, the rich history, and, of course, the gelato make it a city like no other. What I loved most about Florence was how surprisingly small it is—every restaurant, museum, and tourist attraction I hoped to visit was in walking distance of one another, which made seeing everything I possibly could see during my three-day stay doable. Hoping for an accommodation that was a little more homey and spacious than a hotel, my partner and I booked a gorgeous Airbnb with a private terrace in the heart of Florence.

The late Jimmy Buffett’s popular song “Margaritaville” was based on his time in Key West. Although Margaritaville was a fictional oasis (turned restaurant and resort) where people operated on island time, the Florida Keys is a real-life sanctuary where the sun sets in the west and it's always five o’clock. It's also a great place for a group trip. I hadn’t been on one of this magnitude since my high school marching band and I bombarded the staff at Kalahari. During the week-long vacation with 14 friends, I was most interested in going to the beach, enjoying the pool, and napping in the sun (lathered in sunscreen, of course) without a care in the world.

Staying in an Airbnb when visiting Kyoto is a great idea for anyone looking to experience the city like a local. An Airbnb rental gives travelers access to unique neighborhoods and accommodation options that can’t be found elsewhere. Furthermore, many Airbnb rentals are located close to popular tourist attractions, making them ideal for those who want easy access to the area’s must-see sights. These Kyoto Airbnbs showcase the best of the city.

Saudi Arabia’s increasing focus in the tourism sector and the shift to leisure travel has brought Seera Group from the red to report the company’s first post-pandemic operating profit of $8 million in the third quarter.

Building on initiatives that had mixed results in the past, Airbnb is debuting an Airbnb-Friendly Apartments program to enable long-term renters in multifamily buildings where landlords permit it to list their rooms or apartments on Airbnb.

When pressed about an analytics company report that found 38 percent of Airbnb hosts offered only one listing, an Airbnb spokesperson countered this week, without elaboration, that “the vast majority of active Airbnb hosts are sharing just one home as single-listing hosts.”

People perceived to be African American or Black still see their prospective Airbnb reservations rejected by hosts at higher rates than any other racial group, but the company made changes to Instant Book last month to attempt to ease the injustice.

Skift Megatrends is arguably our largest companywide exercise every year, and we’ve been making our research-driven and editorially informed prognostications for a decade now.

Despite a number of constraints in the aviation industry, American Airlines has achieved a full year of profitability for the first time since 2019. 

Airbnb has an answer for all those skeptics who claimed for years that it was a typical Silicon Valley unicorn with a penchant for growth at the expense of black ink — the short-term rental giant in 2022 recorded its first profitable year.

Middle-income consumers paid premiums for hotel rooms as pent-up demand and savings boosted people’s taste for travel post-pandemic. Wyndham Hotels & Resorts, the world’s largest hotel franchisor — whose brands mostly target these consumers — enjoyed quarter-after-quarter of room rate gains throughout 2022.

Four major online travel companies had around $34 billion in cash and equivalents on the books at the end of 2022 — and that’s considerably more liquid dinero than they had at the end of pre-Covid 2019.