Airbnb London Prices Soar as UK Eyes Curbs for Tourist Hotspots [Business News Network (BNN) (Canada)]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Business News Network
The bounce back from the pandemic means the median rate per night for an entire property is about 25% higher than it was in 2019, according to Inside Airbnb, which collects data from listings on Airbnb Inc.'s website. The upmarket neighborhoods of Westminster and Kensington & Chelsea, popular with office workers and tourists, are the most expensive boroughs. A home in Westminster ran about £256 ($305) per night in May. Inside Airbnb's data is limited to the median price for a whole apartment or house that's available for 90 days or more on the website. The UK government is considering restrictions on short-term rentals as part of a review of the impact portals like Airbnb are having on people living in popular tourist destinations, including London. New rules could include property inspections to enforce regulations around noise, safety and antisocial behavior, it said. “Holiday let sites like Airbnb have helped boost tourism across the country, but we need to make sure this do
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- Airbnb, Inc. (NASDAQ: ABNB) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating. They now have a $200.00 price target on the stock, up previously from $150.00.MarketBeat
- Airbnb's new chief business officer shares his top priorities for hosts and travelers [CNBC]CNBC
ABNB
Earnings
- 2/13/24 - Miss
ABNB
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form PX14A6G
- 4/19/24 - Form DEFA14A
- ABNB's page on the SEC website