Online Travel Update: Airbnb’s blockbuster IPO arrives with $100 billion valuation; Expedia dismisses launch of Google’s Travel Insights; RVs gain popularity as new mode of accommodation and travel
By EsqSocial Corporation 21/12/20
Last week’s news headlines were dominated with a major milestone in the short-term rental industry as Airbnb’s long-awaited IPO finally arrived. While many will continue to debate Airbnb’s initial valuation, one thing is clear: Having just raised $3.5 billion in the public markets, Airbnb has formally arrived. It presents formidable competition to the two current online travel behemoths, Expedia Group and Booking Holdings....
By: Foster Garvey PC