Meanwhile, 80% of Airbnb hosts now accept longer-term stays and about half of the company’s active listings now provide discounts for stays of one month or longer. In the last two weeks of March, the company saw the number of guests booking longer-term stays within their same cities nearly double. Recent data shared by Airbnb supports that view.

Airbnb raised the $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners.Ĭhesky acknowledged Monday that while the desire to connect and travel has been reinforced during this time, the “way it manifests will evolve as the world changes.”Īirbnb is betting how and where people work will evolve in the company’s view, it’s heading toward longer-term stays. The changes are being rolled out just days after Airbnb CEO Brian Chesky said the company had raised $1 billion and laid out plans to direct its attention and new funds toward three core products: hosts, long-term stays and Airbnb experiences. Airbnb is tweaking its landing page and introducing new features all aimed at longer-term stays, as the online rental marketplace looks to capitalize on a growing segment of its business.

Airbnb monthly stays