Summary

  • Home rental platform Airbnb is looking to disrupt the travel industry once again, by expanding its services to include “Airbnb Services”, such as personal grooming and culinary services, which will be available to book through its app, priced from $50, in 260 cities to start and expanding thereafter.
  • It is also offering “Airbnb Experiences” such as tours and classes hosted by locals, as well as “Airbnb Originals” which will be experiences hosted by celebrities.
  • These new services will be accessible via a newly redesigned app, with an Explore tab which allows users to look at accommodation as well as services and experiences in one place.
  • This expansion means Airbnb is moving towards competing with hotels by offering a wider range of services than just accommodation.
  • This news sent Airbnb’s shares up by 5.7% on Thursday.

By Dave Parrack

Original Article