Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through Airbnb's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
4 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
Airbnb acquired Montreal-based Luxury Retreats, an online marketplace for high-end villa and vacation-home rentals, in 2017 for total consideration of about $224.1 million paid primarily in cash and Airbnb common stock. Airbnb's registration statement records roughly $223.6 million allocated to goodwill and $64.5 million to intangible assets. The deal brought Airbnb a curated inventory of premium homes plus concierge and property-management expertise, and its founder-led team stayed based in Montreal. approximately $224.1 million.
Airbnb completed its acquisition of HotelTonight, an on-demand mobile marketplace for last-minute bookings at boutique and independent hotels, on April 15, 2019 for total consideration of about $441.4 million. Airbnb's filing breaks the price into roughly $237.4 million cash and $201.1 million of Class A common stock (about 3.2 million shares), plus replacement equity awards. It was Airbnb's largest disclosed acquisition and pushed the company deeper into hotel accommodations. approximately $441.4 million.
Airbnb acquired Urbandoor in 2019, issuing 581,740 shares of Class A common stock plus 735,620 restricted Class A shares to Urbandoor's securityholders. Urbandoor is a global online marketplace for furnished and serviced apartments aimed at extended business trips, relocations, and other longer-term stays, with supply across more than 1,500 cities in over 60 countries. The deal deepened Airbnb's push into long-term and corporate travel. Airbnb's filing groups Urbandoor with one other unnamed 2019 business combination at $63.3 million of combined consideration, so Urbandoor's standalone price is not separately disclosed.
Airbnb completed the acquisition of a company on November 14, 2023, issuing an aggregate of 877,062 shares of Class A common stock as part of the consideration; the target is GamePlanner.AI, a stealth AI startup co-founded by Siri co-creator Adam Cheyer and Siamak Hodjat. Airbnb's 10-K reports the deal increased goodwill and intangible assets but was not material to its financial results, and no dollar value was disclosed. The roughly twelve-person team was set to accelerate select AI projects and embed AI tools across the Airbnb platform.
What makes GamePlanner.AI so special is that they combine expertise in AI, design, and community.Brian Chesky — Co-Founder and CEO, Airbnb
A big part of what attracted us to Airbnb was our shared commitment to using AI to enable human connection.Adam Cheyer — Co-Founder, GamePlanner.AI