Tuesday, July 21, 2015

With more than 250 companies signed up, Airbnb
is rolling out a new and better dashboard for company managers.
Home-rental company Airbnb really wants businesses' money, so it's
revamped its tools for booking business trip accommodations. Airbnb's
original corporate program launched last summer, and the company says that
since then, more than 250 companies have signed up to provide accommodations
through the service as an option, including Google, SoundCloud, and Twilio.
On Monday, the company said it's rolling out a full dashboard of
tools that will help company managers better keep track of their employees'
bookings and billing. Though Airbnb's been quite successful in the
leisure travel side of the business — it's reportedly valued at more than
$25 billion and on track to do $900 million in revenue this year —
going after the business travel market could add another big stream of
recurring revenue. Unlike individuals, companies book travel fairly
frequently. Business travelers already seem to take well to these alternative
services, with expense management company Certify reporting last week
that ride-hailing service Uber has finally overtaken taxis as the
more used form of transportation by its customers. </embed> With that
said, Airbnb will still face an uphill battle, especially with with executives
or industries accustomed to putting up their employees in fancy hotels —
staying in an average Joe's home might sound very appealing to them. But
as&nbsp;Bloomberg notes, Airbnb hopes it could become popular for
extended-stay business travel or for offsite stays — think renting out a
cabin for a team retreat. This article originally appeared on fortune.
com. More good reads from Fortune:
• The most over-the-top, indulgent hotel amenities
• Meet the first American woman to captain a "mega" cruise ship
• Why cruise line dining is about to get much better
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Airbnb really wants businesses' money, so it's revamped its tools for
booking business trip accommodations.

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