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Airbnb target 1 mn bookings in 2018 as its 'Experiences' service expands

More than a year ago, Airbnb announced a broad effort to become a full-fledged travel company

Reuters  |  San Francisco 

Airbnb Inc's year-old tours and activities business is booking tens of thousands of travellers every month and is likely to be profitable late next year, the company said on Tuesday, highlighting success in its efforts to grow beyond renting rooms and homes. More than a year ago, Airbnb announced a broad effort to become a full-fledged travel company, adding to its home-renting business an assortment of new services such as excursions to see local attractions and restaurant reservations. The expansion is part of Airbnb's efforts to diversify its revenue sources amid ...

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First Published: Wed, February 14 2018. 07:42 IST
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