- Airbnb has announced this Thursday that it plans to go public next year;
- In September 2017, the home-sharing rental startup was privately valued at $ 31 billion, according to the innovation platform PitchBook.
According to Business Insider, Airbnb has announced this Thursday that it plans to go public next year. In September 2017, the home-sharing rental startup was privately valued at $ 31 billion, according to the innovation platform PitchBook.
“We have already said that we are taking the steps to be ready to go public in 2019. That doesn’t mean we will go public in 2019,” Nathan Blecharczyk, an Airbnb co-founder, told Business Insider in a March email interview.
From its origins in a San Francisco apartment, the company has grown into a global community with hosts across more than 191 countries and 81,000 cities. And the perspectives for the global growth of the company are being powered by tourism to destinations in emerging markets.
According to the World Travel & Tourism Council (WTTC), travel to emerging economies is expected to increase at twice the rate of travel to advanced economies from now until 2030. By 2030, more than 1 billion travelers will arrive in emerging economies annually.
And since 2017, according to Bloomberg, Latin America has been the fastest growing market for Airbnb, when the region surpassed Japan in this position. The region will likely be the destination of many of the resources that will be raised with the IPO.
The startup did not specify a particular month for the IPO.