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AirBnB online service will be one of the most expensive companies in the hospitality market

AirBnB service completes another round of funding. The estimated round volume is $ 1.5 billion. The company's valuation will reach $ 24 billion. Thus, an online service for renting and renting housing can be one of the most expensive companies in the hotel business market.

It is believed that by attracting the above amount for one round, a private technology company can begin preparations for an IPO. Examples include Facebook and Uber .

The round is headed by the General Atlantic American hedge fund. For the first time, the investors of the project were the Chinese company Hillhouse Capital and the firm Tiger Global .
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AirBnB's competitor is the Marriott hotel chain with a valuation of $ 21 billion and revenue of $ 13.8 billion. She has 4 thousand hotels worldwide. And the estimate of Expedia travel service does not exceed half the estimated cost of AirBnB, but its profit reaches $ 6.5 billion. The undisputed market leader is Priceline with a capitalization of $ 61 billion. Its revenue this year is expected to be in the region of $ 9 billion.

AirBnB specialists expect its revenue this year to reach $ 900 million, reports Financial Times. This is three times more than in 2013. However, it does not go to any comparison with the income of the above competitors.

The company held the previous round in October last year. Then she received a valuation of $ 10 billion.

Source: https://habr.com/ru/post/291978/


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