Airbnb drives short-term rental boom in tourist haven Rio de Janeiro [Globe and Mail, The (Toronto, Canada)]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Globe and Mail, The
increase in 2019, he just wanted some extra cash. What he got was a career managing some 100 properties – and a front-row seat to how the tech platform is transforming one of South America's most famous tourist destinations. In Rio's Ipanema neighborhood, there is now one Airbnb listing for every seven homes, a Reuters analysis of Airbnb data collected by analytics firm AirDNA showed. Since 2019, the oceanfront neighborhood made famous by the bossa nova classic “Girl from Ipanema” has seen a 24 per cent rise in listings, in line with neighboring tourist hot spot Copacabana. The surge has changed Rio's rental landscape, sparking tensions in condo associations, bringing fresh competition for hotels and creating businessmen like Muzy, who charge apartment owners fees of 20 per cent to 30 per cent to manage their short-term rentals. Like many, Muzy started small, renting his own Copacabana apartment, but saw an opportunity when neighbors asked him to manage theirs too. His rental
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ABNB
News
- Airbnb offering free temporary housing to displaced Hurricane Helene survivors [USA TODAY]USA TODAY
- Declining Stock and Solid Fundamentals: Is The Market Wrong About Airbnb, Inc. (NASDAQ:ABNB)? [Yahoo! Finance]Yahoo! Finance
- Airbnb, Inc. (ABNB): Navigating Travel Trends Amid Market Concerns [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airbnb, Inc. (ABNB): Navigating Travel Trends Amid Market Concerns [Yahoo! Finance]Yahoo! Finance
- Airbnb drives short-term rental boom in tourist haven Rio [Yahoo! Finance]Yahoo! Finance
ABNB
Earnings
- 8/6/24 - Miss
ABNB
Sec Filings
- 10/4/24 - Form 144
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- ABNB's page on the SEC website