Airbnb's New Services Push Seen As Critical Step For Additional Revenue Streams -- Market Talk

Dow Jones
May 14, 2025

1053 ET - Airbnb has the opportunity to bring the same uniqueness to its new services and experiences business that drove success in lodging, Melius Research analysts Conor Cunningham and Patrick Coleman say. Airbnb was successful in its early days because it offered unique accommodations with which hotel chains could not compete. Now, the travel company appears to be bringing the same unique supply to its services and experiences offerings, which it announced Tuesday, including private chefs, hair styling and guides. "The ultimate goal for Airbnb here is to continue to connect guests to differentiated travel offerings through a deeper connection with local communities," Cunningham and Coleman say. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

May 14, 2025 10:54 ET (14:54 GMT)

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