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Expedia CFO: Airbnb Getting Into Hotel Bookings Is a Serious Threat
The online accommodations business will undoubtedly be transformed over the next few years and Expedia CFO Mark Okerstrom said his company should take seriously the prospect that Airbnb might enter the hotel-booking business.
Airbnb Is Building a Flight-Booking Tool
The home-rental company wants to own more of the travel planning process.
The startup, which was valued at $30 billion by investors this year, has said it wants to be a destination for planning a person's entire vacation, not just a place to stay.
Airbnb In Talks To Buy Payments Company Tilt
Airbnb is nearing a deal to buy Venmo-competitor Tilt, said two people briefed on the discussion, for a price said to be between $10 million and $20 million.
Sitting on plenty of cash, Airbnb has started to ramp up its corporate development efforts, including an investment in restaurant-booking app Resy.