How Airbnb aims to crack down on New Year's Eve parties [FOX Business Network]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: FOX Business Network
Airbnb announced Thursday that it's tightening rules and enhancing technology aimed at preventing unauthorized New Year's Eve parties in nearly a dozen countries. This year, the home-sharing platform will implement tighter restrictions on certain types of bookings in 11 countries, including the U.S., throughout New Year's Eve weekend. Last year, the company implemented restrictions on certain bookings in eight countries. This includes a ban on one-night bookings for entire homes for guests who don't have a "positive account history" or who don't have any previous bookings, according to Airbnb. There are also heightened restrictions for the aforementioned guests who try and book two- or three-night reservations, especially locally, the company said. AIRBNB LAUNCHES 'ANTI-PARTY TECHNOLOGY' TO HELP HOSTS PREVENT RISKY BOOKINGS "We are committed to reducing instances of unauthorized parties and helping hosts protect against neighborhood disruption, and certain times of year, like
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News
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ABNB
Earnings
- 2/13/24 - Miss
ABNB
Sec Filings
- 4/18/24 - Form 4
- 4/16/24 - Form 144
- 4/11/24 - Form 4
- ABNB's page on the SEC website