Airbnb Exceed The Valuation Of The Hyatt Chain

Posted On 22 Mar 2014
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Tag: Airbnb connecting commuters, , Airbnb social network

The social network allows connecting commuters to offer their homes.

Airbnb, a social network that is changing the social experience of travel, found a business model that shot to be on the verge of becoming one of the great successes among young Internet companies.

According to the website Infobae, based in The Wall Street Journal, the company created to bring together travelers with little money with others willing to provide accommodation in their homes with breakfast included, is negotiating a new round of capital than would value above 10,000 million.

To get the new capital, the new “lodging chain” overtakes Hyatt Hotels Corp, which has a market value of about 8,400 million.

The average stresses that might be unusual for sofas, home listings rooms let down to quality and luxury offered by Hyatt hotels.

Airbnb gains are modest percentage for brokering at the time of contracting between those staying and owner. Service users are mostly young people.

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