The $31 million company did not specify an exact timeline beyond 2020.

Airbnb is expanding beyond homesharing and now ventures into designing and creating its own spaces.

Urbandoor’s network includes apartment communities in more than 1,500 cities spread throughout 60 countries.

A new rental tier expands Airbnb’s listings which now include approximately 2,000 high-end homes and villas worldwide.

Marriott follows its successful London pilot with fully fledged international home rental arm

Airbnb move comes in the wake of hotel analysts saying company would need to diversify before going public

While Airbnb moves to publicly and brashly add independent hotels to its platform, competitor HomeAway has been quietly doing the same while attracting less attention

Airbnb, which has long been seen as a direct adversary to hotel companies, recently opened its platform up to independent and boutique hotels looking to boost their audiences

The largest hotel company in the world has moved to pose a direct threat to the upstart hospitality company

Airbnb recently announced its plans for the future, many of which stand to present a more direct challenge for the precious dollars of travellers

It seems that Airbnb is making moves to increase its ability to garner even more clients through a recent partnership with Pillow Residential