This Day, That Year – August 11

This day in history we feature Airbnb, Inc. It is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities was officially launched on this day in 2008.

Trivia – Airbnb Inc.

Based in San Francisco, California, the platform is accessible via website and mobile app. Airbnb does not own any of the listed properties; instead, it profits by receiving commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. Airbnb is a shortened version of its original name, AirBedandBreakfast.com.

Related read – A man charges AED 275 a night to stay in a tent.

The company has been criticized for enabling bait-and-switch scams, being involved in West Bank settlements, possibly driving up home rents and creating nuisances for those living near leased properties. The company is regulated by many jurisdictions, including the European Union and cities such as San Francisco and New York City. Airbnb and its competitor Vrbo are viewed as a competitive threat by the hotel industry.

Source – Wikipedia

This day in history – Airbnb, Inc.