• Airbnb Tucked In Nearly 800% Growth In 2010; Caps Off The Year With A Slick Video

    Thursday, January 6th, 2011

    MG Siegler is a general partner at CrunchFund and a columnist for TechCrunch, where he has been writing since 2009. His focus is on Apple. Prior to TechCrunch, MG covered various technology beats for VentureBeat. Originally from Ohio, MG attended the University of Michigan in Ann Arbor, MI. He’s previously lived in Los Angeles where he worked in Hollywood and in... → Learn More

    This past December, I used Airbnb for the first time. After two years worth of buzz reading about the startup on TechCrunch and other places, I was interested, but skeptical. Turns out, it is just as awesome as it sounds. You can get a room, in various places around the world, in great neighborhoods, for bargain prices. And apparently I wasn’t alone in using the service in 2010. They saw nearly 800 percent growth for the year, co-founder Brian Chesky tells us.

    More specifically, they went from about 100,000 nights book in January, to just about 800,000 nights book by the end of the year. “Travelers came from over 160 countries, and booked places in 89 different countries. We expect to hit 1 million nights booked sometime this spring,” Chesky says.

    To make sure that happens, Airbnb continues to expand their coverage around the world. Chesky lists Hawaii, Sydney, Tokyo, Lake Tahoe, and Austin as places that have gotten recent traction.

    They’ve also created a slick new video to explain exactly what Airbnb is to those, who like me previously, might be skeptical. Chesky says it was filmed at 13 different actual Airbnb locations around the world. It’s nearly as nice-looking as their iPhone app.

    Company: Airbnb
    Website: airbnb.com
    Launch Date: August 11, 2008
    Funding: $120M

    Founded in August 2008 and based in San Francisco, California, Airbnb is a community marketplace for people to list, discover, and book unique spaces around the world online or from an iPhone device. Whether the available space is a castle for a night, a sailboat for a week, or an apartment for a month, Airbnb is the easiest way for people to showcase these distinctive spaces to an audience of millions. By facilitating bookings and financial transactions, Airbnb makes...

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