Airbnb is looking to expand its services from giving you a place to stay, to getting you where you’re going. According to Bloomberg, Airbnb is planning to release a flight banking tool that will allow users to book a flight and secure a temporary home all within the confines of its website. The company says it hopes to get things off the ground within eighteen months and is still looking at a number of options for a successful launch. So far those include acquiring an online travel agency or license data from a secondary provider. Once up and running Airbnb will be a direct competitor for companies such as Expedia which also allows people to book a hotel and flight from one site. If the launch is a success and follows the company’s timeline it will be finished around the same time Airbnb hopes to go public. This past August the company raised $850 million in a new round of fundraising. That puts the value of the company at $30 billion, and that’s before the expansion plan.Airbnb Expansion
Airbnb is looking to expand its services from giving you a place to stay, to getting you where you’re going. According to Bloomberg, Airbnb is planning to release a flight banking tool that will allow users to book a flight and secure a temporary home all within the confines of its website. The company says it hopes to get things off the ground within eighteen months and is still looking at a number of options for a successful launch. So far those include acquiring an online travel agency or license data from a secondary provider. Once up and running Airbnb will be a direct competitor for companies such as Expedia which also allows people to book a hotel and flight from one site. If the launch is a success and follows the company’s timeline it will be finished around the same time Airbnb hopes to go public. This past August the company raised $850 million in a new round of fundraising. That puts the value of the company at $30 billion, and that’s before the expansion plan.