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    ABNB   US0090661010

AIRBNB, INC.

(ABNB)
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Airbnb : extends ban on party events for listings through summer

05/27/2021 | 02:17pm EDT

Rental-share company Airbnb announced Thursday it's extended a COVID-19-related ban on parties, which was implemented last year, to last through the summer.

The ban removes "event-friendly" and "parties and events allowed" house rules in Airbnb listings.

The company said those features will remain inaccessible through at least the end of the summer "to cultivate safe and responsible travel.

Airbnb said despite the return of more travelers in the United States and Britain, public health remains the primary reason for the ban. It said, though, that other factors also mattered into its decision to lengthen the ban.

The company said the policy has been popular with its host community, especially since most had already prohibited parties during the pandemic in their house rules.

"We want to be really good community players all over the world," Airbnb CEO Brian Chesky recently told Yahoo Finance.

Airbnb revenue increased 5% to $887 million during the first quarter of 2021.

Copyright 2021 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source US Top News

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Financials (USD)
Sales 2021 5 418 M - -
Net income 2021 -1 260 M - -
Net cash 2021 4 312 M - -
P/E ratio 2021 -72,9x
Yield 2021 -
Capitalization 89 667 M 89 667 M -
EV / Sales 2021 15,8x
EV / Sales 2022 12,2x
Nbr of Employees 5 400
Free-Float 31,1%
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Airbnb, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends AIRBNB, INC.
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Last Close Price 147,40 $
Average target price 169,10 $
Spread / Average Target 14,7%
EPS Revisions
Managers and Directors
Brian Chesky Chairman, Chief Executive Officer & Head-Community
David E. Stephenson Chief Financial Officer
Aristotle N. Balogh Chief Technology Officer
Tara Bunch Head-Global Operations
Jeffrey D. Jordan Independent Director
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