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Airbnb lists on the Stock Exchange

Airbnb listed on the Stock Exchange yesterday in a massive IPO, where they initially listed at $68 and ended the day at $144.71.  It is a technology driven company that I believe is going to succeed, so I will certainly be investing in it, although not necessarily immediately – I am hoping the price will settle down a bit lower than that!  I think a lot of people think that Airbnb is a company where people rent out a spare room in their house, but a lot of people have taken it much further than that and have multiple units now and run it as a full-time business.  I even know one particular person who rents properties from landlords and then leases them out on Airbnb with the landlord’s permission.  So, he pays a certain amount a month and then marks it up and has a manager who runs around and make sure that everything is clean and good.  So many of these businesses are all based on the same premise in many ways just cutting out the middleman, although you could argue in this case that the middle man are hotels.  Have any of you used Airbnb and if so, have your experiences been positive or not?  Here is a fun fact – Airbnb has 4 million hosts!

Posted by Michael de Broglio on Friday 11-Dec-20 Share on Facebook   Tweet It

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Comments

sandra  said:
on Tuesday 16-Feb-21 07:02 AM
I was at an Airbnb and it is perfect for holidays. You have your own space and own privacy and it is very convenient. I would recommend it to anyone.

Daniella  said:
on Monday 25-Jan-21 04:19 PM
I've used Airbnb a handful of times and I have never been disappointed. Airbnb is a great app!

thembi  said:
on Wednesday 20-Jan-21 12:13 PM
I have never used it, but it sounds good

Helen  said:
on Monday 18-Jan-21 09:33 AM
Very interesting article about Airbnb, amazing that this company based in San Francisco, the town amazed me, when I traveled to USA.
Interesting fact as well that in 2020 the company went public with a valuation of over $100 billion, very quick rise in profits.

Lourien  said:
on Tuesday 15-Dec-20 01:52 PM
Wow never knew it was that popular, I will certainly have to try out an Airbnb.

Sarah   said:
on Monday 14-Dec-20 01:56 PM
I never heard of Airbnb, so I decided to go read up about this company. Found t he following insteresting facts By March 2009, the site had 10,000 users and 2,500 listings. The company name started as AirBedandBreakfast.com.

fikile  said:
on Monday 14-Dec-20 11:20 AM
I have never used Airbnb because I have never been anywhere but it would hurt to look at their website and dream.

Kayla  said:
on Monday 14-Dec-20 10:08 AM
I have never tried Airbnb, but sure will try it out. Will also go check it out abit after reading this blog.

Melissa van Tellingen  said:
on Monday 14-Dec-20 08:56 AM
I've never used Airbnb before. After reading this I will certainly try it in future.

Tayla  said:
on Monday 14-Dec-20 08:38 AM
I know people who use Air bnb and people who have it as a business and I have only ever heard good things about it. I think it is a very clever idea.

franzelle Ekron  said:
on Monday 14-Dec-20 08:21 AM
I will for sure give it a try,sounds like a good idea

Chante  said:
on Friday 11-Dec-20 04:45 PM
I read that Airbnb is expected to list on 10 December 2020, after filing for an IPO in November 2020. The company was originally expected to list much earlier in 2020, but had to put its plans on hold when bookings and revenues fell dramatically as a result of the coronavirus pandemic. It is quite amazing that Airbnb has 4 million hosts and that number may be rising very quickly.

Ziyanda  said:
on Friday 11-Dec-20 03:50 PM
I have not used Airbnb but it is something I would try using in the future.

Victoria  said:
on Friday 11-Dec-20 03:12 PM
Airbnb is the place to look if you wanting to go away, I personally would recommend Airbnb to everyone. Experiences have been positive with Airbnb.

Angelique  said:
on Friday 11-Dec-20 12:28 PM
I only ever use Air bnb and have only had good experiences. It always works out cheaper than hotels. I love being in a house or apartment. It is quite important though to use the reviews. I would definitely invest if I had extra money lying around, I can only see it getting better! I also always make sure I get reviews and noticed that the owners have reviewed me as well. So its a win win!

Alexis  said:
on Friday 11-Dec-20 11:02 AM
I have never used an Airbnb before but hear about them everywhere. It is a great opportunity for the market place though. I think that it would be inevitable that one will finally use them at some point or other.

Danielle  said:
on Friday 11-Dec-20 10:56 AM
I have never Used Airbnb and would like to try it out .

Megan  said:
on Friday 11-Dec-20 10:52 AM
Wow that's a very clever way for one to promote properties for potential buyers! I have travelled and stayed at an Airbnb once, in Cape Town and it was a really lovely house, we rated them as well in the hopes they would become super hosts :) !

Henrietta  said:
on Friday 11-Dec-20 10:44 AM
Haven't use them yet. Will definitely in future if I book accommodation. A cousin of ours brought a unit in Jeffreys bay and is using the it as a Airbnb and she is doing so fantastically well. Fully booked all the time and extra income.

Claudia B  said:
on Friday 11-Dec-20 10:02 AM
I have not used Airbnb before but I will most definitely try it out.

Bianca Taljaard  said:
on Friday 11-Dec-20 10:01 AM
Brilliant idea, I will for sure give it a try.

Roxanne Rautenbach  said:
on Friday 11-Dec-20 09:10 AM
I have personally never used Airbnb but i thinks its time to try it for my next holiday.

Nicolene  said:
on Friday 11-Dec-20 09:09 AM
I personally never used them, but as I'm reading everyone's comments I will definitely have to give it a try. Seems as if they very efficient and reasonable.

Marchinique  said:
on Friday 11-Dec-20 08:43 AM
I never personally used Airbnb, but the way I hear people always rave about their great service and hospitality, I can absolutely tell that they are in fact excellent in what they do.

Michelle B  said:
on Friday 11-Dec-20 08:41 AM
Airbnb is my go to when booking holidays. It is a great platform.

Bianca Niemann   said:
on Friday 11-Dec-20 08:30 AM
I have never used it, but it sounds good. Will definitely give it a try one day.

Lauren  said:
on Friday 11-Dec-20 07:51 AM
Airbnb is personally my go to platform when travelling with friends or family. I haven't been disappointed as yet. It is also a lot more reasonable when you're booking for an entire group of people. Great platform!

david  said:
on Friday 11-Dec-20 07:05 AM
my wife booked our december holiday accommodation on airbnb.
so far, so good.
this is a 1st for me.
they were very quick and efficient at taking my money.
will see about the accom on 16 december.

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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