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Airbnb Draws Corporate Interest

Airbnb recently announced that it signed 500 new companies to its Airbnb for Business program within 24 hours of launching the new global travel management suite on July 20.

Airbnb reports there are now more than 1,000 businesses from over 35 countries around the world who are formally making the website part of their corporate travel programs. Among this roster are Fortune 1000 companies, including Google, who are allowing employees to utilize Airbnb's accommodations.

"The corporate community's response to our Business Travel program has been staggering and confirms our findings that business travelers increasingly want to redefine the business trip," said Marc McCabe, business travel lead, Airbnb. "The average business travel stay on Airbnb is 6.8 days, which shows how customers are looking for a mix of business and leisure, and often adding a weekend to explore.”

Airbnb for Business allows business travelers to directly book Airbnb accommodations and automatically expense them back to their employers. The program recently unveiled tools that allow travel managers to access employee travel itineraries, financial reporting data and centralized billing.