Airbnb, Inc.
Airbnb is a community-based platform that connects travelers with unique accommodations and experiences offered by hosts around the world. The company's business model is adaptable and resilient, with a focus on making hosting mainstream, growing and engaging the guest community, perfecting the core service, and expanding the global network. Airbnb's platform includes tools for hosts to manage their listings and provide high-quality stays and experiences for guests. The company also offers top-to-bottom protection for both hosts and guests through features like Host and guest reviews, account protection, risk scoring, secure payments, and insurance. Airbnb's technology platform powers its two-sided marketplace and enables its global network of hosts and guests. The company's marketing strategy includes brand marketing, communications, and performance marketing. As of December 31, 2023, Airbnb had over 6,900 employees and relied on a global network of approximately 11,000 third-party contingent workers for community support. The company is committed to decarbonizing its business and making its corporate operations more sustainable, and is subject to various laws, regulations, and rules governing the short-term rental and home sharing business, as well as business practices. Airbnb's business is seasonal, with higher revenue and Adjusted EBITDA in the third quarter due to peak travel season. The company operates in a highly competitive environment and faces competition from online travel agencies, internet search engines, listing and meta search websites, hotel chains, property management companies, and online platforms offering experiences. Airbnb's website is airbnb.com and its ticker symbol is ABNB.