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Airbnb expands into meetings market with new acquisition
Airbnb is making further in-roads in the corporate travel market with the acquisition of worldwide meeting space rental company Gaest.com.
Terms of the acquisition of the Denmark-based company by Airbnb have not been disclosed.
Gaest enables hosts to list their own spaces for rent as small venues for meetings or team building events.
Airbnb issued a statement saying: "Working professionals may spend more than half their waking hours at work.
"Meetings and events offer a unique opportunity for Airbnb to address local use cases and support our full community of diverse professionals."
Gaest, which was founded in 2015, will become part of Airbnb for Work but will remain as a standalone platform for the time being.
In a blog post, Airbnb for Work global head David Holyoke said: "We imagine a world where anyone can share their space for professional events."
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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