trending Market Intelligence /marketintelligence/en/news-insights/trending/1C4sJE5HTJbB25lRqiwa8A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Airbnb buys Urbandoor to boost corporate housing rentals

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Airbnb buys Urbandoor to boost corporate housing rentals

Airbnb Inc. said Aug. 5 that it acquired Urbandoor Inc., an online marketplace that offers accommodations to business travelers.

Financial terms of the deal were not disclosed. Both Airbnb and Urbandoor are headquartered in San Francisco.

The property rental company said the acquisition will help "strengthen Airbnb for Work's engagement with the more than 500,000 companies who use Airbnb for Work to help manage their business travel."

Airbnb for Work already offers work-friendly homes for business travels of any length. Accommodations under this service include spaces where business travelers can hold meetings.

Urbandoor, which was established in 2015, is backed by Greystar Real Estate Partners LLC. The platform's offering includes apartment communities in more than 1,500 cities in over 60 countries.

Following the completion of the transaction, Airbnb will absorb all Urbandoor employees, while Urbandoor's listings for long-term stays will soon be bookable through the Airbnb platform.