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Airbnb wants you, one-percenters

[Photo: courtesy of Airbnb] In a bid to go after high-end renters, the home-sharing website is in talks to acquire Luxury Retreats, a vacation rentals company with over 4,000 properties, Bloomberg reports. The deal would cost Airbnb in the $300 million range and would be the unicorn’s largest acquisition to date. Airbnb is no stranger … Continue reading “Airbnb wants you, one-percenters”

[Photo: courtesy of Airbnb]
In a bid to go after high-end renters, the home-sharing website is in talks to acquire Luxury Retreats, a vacation rentals company with over 4,000 properties, Bloomberg reports. The deal would cost Airbnb in the $300 million range and would be the unicorn’s largest acquisition to date. Airbnb is no stranger to catering to the rich. It recently provided luxurious accommodations to Super Bowl halftime performer Lady Gaga, and did the same thing last year for Beyoncé. Read the full Bloomberg story here

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About the author

Christopher Zara is a senior staff news editor for Fast Company and obsessed with media, technology, business, culture, and theater. Before coming to FastCo News, he was a deputy editor at International Business Times, a theater critic for Newsweek, and managing editor of Show Business magazine

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