Airbnb dives into meetings market with Gaest acquisition
Airbnb wants to make further in-roads in the corporate travel market.
Not content with only providing accommodations for road warriors, it is branching out into meeting space rentals.
The home sharing giant will acquire Denmark based startup Gaest.com which offers on-demand meeting venues.
"We imagine a world where anyone can share their space for professional events," wrote David Holyoke, global head for Airbnb for Work, in a blog post.
Gaest enables hosts to list their own spaces for rent as small venues for meetings or team building events
"Working professionals may spend more than half their waking hours at work. Meetings and events offer a unique opportunity for Airbnb to address local use cases and support our full community of diverse professionals," Airbnb said in a release.
Gaest, which was founded in 2015, will be part of Airbnb for Work but will remain as a standalone platform for the time being.
The terms of the acquisition were not disclosed.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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