Announced

Airbnb to acquire Luxury Retreats.

Synopsis

Airbnb, the world’s leading hospitality company has acquired Luxury Retreats, a luxury vacation rental company offering over 4,000 homes in 100 destinations around the world. Financial terms were not disclosed. “I have spent countless hours with Joe and his team and seen firsthand their passion for delivering amazing hospitality and unforgettable experiences in spectacular places around the world. They share our values and I’m excited to work with the Luxury Retreats team to serve more travellers. The incredible energy and talent in these teams will help support our mission and grow our community and I’m confident that we will expand our team in Canada in the months and years ahead.” Brian Chesky, Airbnb co-founder and CEO.

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