Airbnb buys Urbandoor, ensures comfortable stay for travellers
Category: #business  By Anchal Solanki  Date: 2019-08-06
  • share
  • Twitter
  • Facebook
  • LinkedIn
Airbnb buys Urbandoor, ensures comfortable stay for travellers
  • Airbnb and Urbandoor to work closely for ensuring the comfort for the corporate clients travelling for business purpose.
  • The Urbandoor team will move in with Airbnb

Headquartered in California, Airbnb has reportedly announced the acquisition of Urbandoor, a company which provides extended stay to corporate clients, with the perspective of growth in the global market

The terms of the deal remains disclosed as of now but it has been claimed that the employees of Urbandoor would be joining the Airbnb force sooner.

As per the sources close to Airbnb, the acquisition is expected to strengthen the company's work proposition for the corporate clients travelling for their business related works. This gives the company realise two of its major goals.

Reportedly, through the takeover, Airbnb can easily increase the supply on the work side of business which is currently accelerating at a great pace. The corporate front of the company accounts for about 15% of all the bookings on the platform and has been claimed to grow three times from 2015 to 2016 and also 2016-2017. Currently, over 500,000 companies are utilizing the services to plan their business travel.

It has been claimed that Urbandoor’s mark includes apartment communities in over more than 1,500 cities across more than 60 countries around the globe.

With Urbandoor already establishing the relationships with multifamily owners for purposes of corporate stays, Airbnb might be able to encourage the parties to ponder about the value proposal of setting apart units for short time duration stays.

Erik Eccles, co-founder of Urbandoor was reportedly quoted stating that the company was initiated with an aim to connect travelling and relocating professionals with right stay anywhere. Uniting with the Airbnb team will support the company’s goal and expand its work with different residential and business housing partners, Erik Eccles added.

For the records, established in the year 2008 in California State of the US, Airbnb Incorporation is an online hospitality service which offers or arranges lodging and home stays for better experiences.

Source credit: https://techcrunch.com/2019/08/05/doubling-down-on-business-travelers-airbnb-acquires-urbandoor/

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Anchal Solanki

Anchal Solanki    

A civil engineer by qualification, Anchal Solanki forayed into the domain of content writing in the midst of her graduation, embarking on the career path of a successful freelancer. Equipped with a short-term experience in market research, Anchal currently writes news...

Read More >>

More News By Anchal Solanki

Pengmen International launches rare red sandalwood cosmetic products
Pengmen International launches rare red sandalwood cosmetic products
By Anchal Solanki

Pengmen International Trading Co., Ltd., a leading health care product producer based in China has delved into combining health & beauty. The company  used modern technology and an ancient Chinese medicine to convert an expensive and rare sp...

Saipem wins a subsea contract for Payara development project in Guyana
Saipem wins a subsea contract for Payara development project in Guyana
By Anchal Solanki

Saipem will provide detailed EPIC of a large subsea production facility.   The company will develop risers, subsea structures, and flowlines for the project Saipem S.p.A., an Italian oilfield services firm, has reportedly won a subsea cont...

CoreKinect & Kudelski debut disposable cold chain tracking solution
CoreKinect & Kudelski debut disposable cold chain tracking solution
By Anchal Solanki

The food track solution revolutionizes cold chain tracking.   Cutting-edge sensors manufactured at a disruptive price point takes a quantum leap. The Kudelski Group (SIX: KUD.S) and Corekinect today announced the roll out of much-anticipat...