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Airbnb, a private rental company, has announced that it plans to go public in 2020, DPA and Reuters reported. From now on, analysts predict that this will be one of the most anticipated listings in the coming year.
In a brief communique, Airbnb announced that it "expects to become a publicly traded company in 2020".
Since its founding in 2008, the San Francisco-based company has launched itself from a small home-sharing platform to a tourist mastodon that has hurt the hotel industry. Airbnb offers about 7 million homes on its site and an average of over 2 million people use the service 24 hours a day, according to the company, BTA reported.
Airbnb has often been criticized for pushing up rents in urban centers and thus contributing to affordable housing crises.
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The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate
Renowned actor and co-founder of Nobu Hospitality, Robert De Niro, is set to make waves in Bulgaria's hospitality scene with the opening of two luxury hotels under the Nobu brand
Burgas is gearing up to offer its citizens and visitors a new mode of transportation to navigate its streets and discover its hidden gems
In December 2023, there were 2,229 establishments in the country, such as hotels, motels, campgrounds, mountain huts, and other short-term accommodation options.
Due to the increase in food prices, some hoteliers will not offer all-inclusive packages for next year, according to the Bulgarian Hotel and Restaurant Association in Varna
At the time of the "Petkov" cabinet, there were over 50% duplicate registrations of Ukrainian refugees in Bulgarian hotels, and one person was registered in more than one hotel
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
Vacationing at the seaside, whether in our country or abroad, is reasonably priced
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
