Drop In Airbnb Share Price Leads To Announcement Of Extended Services

At the outset, Airbnb was launched and promoted as a platform offering short-term rentals, but over the years, it’s managed to move beyond its initial ambitions. However, this hasn’t always been totally successful and various endeavours have had to be put on hold to return to the platform’s primary focus.

First launched in California in 2008 more than 15 years ago, Airbnb has announced that it’s now looking to extend its current offerings and improve some of the additions it made in recent years in an effort to regain and maintain valuable market share in the accommodation booking industry.

This announcement, however, didn’t come out of nowhere. Instead, it was made by Airbnb CEO, Brian Chesky, during a meeting with investors earlier this week, and it was posed as a…