Airbnb to Invest Up to $250M in New Ventures in 2025

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Airbnb plans to invest up to $250 million in new business ventures in 2025, signaling a strategic expansion beyond short-term rentals. CEO Brian Chesky announced the move during the company’s Q4 and full-year 2024 earnings call, emphasizing a broader vision for the platform.

“This is the year you’ll see the beginning of a new Airbnb,” Chesky said, hinting at services beyond accommodations but withholding specific details. He noted that Airbnb aims to provide additional travel experiences and services that enhance stays while expanding into offerings that users may need more frequently.

Currently, Airbnb sees engagement from 1.6 billion devices annually, but Chesky wants to increase app usage to weekly rather than just a few times per year. More details on the expansion are expected in Airbnb’s May 2025 “Summer Release.”

Airbnb’s “Co-host Network,” launched in late 2024, has already supported nearly 100,000 listings, helping hosts boost earnings. The feature is set to expand to Japan and Korea.

Financially, Airbnb reported Q4 2024 revenue of $2.5 billion (up 12% YoY) and full-year revenue of $11.1 billion. Net income for Q4 reached $461 million, a sharp improvement from a $349 million loss in Q4 2023. Gross booking value for 2024 was $81.8 billion, up 12%.

However, the company anticipates slower growth in Q1 2025 due to market headwinds, forecasting revenue between $2.23 billion and $2.27 billion, representing 4-6% growth.

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