News
National Technology

Video of the Day: Why Virgin Is Partnering with Airbnb

Virgin America has partnered up with Airbnb to create a travel experience behemoth, allowing people to pile up loyalty points if they fly with the former and stay with the latter.

Partnering with an established airline validates Airbnb in the lodging sector, making it part of the mainstream market, CMO Jonathan Mildenhall tells Bloomberg in our Video of the Day. Airbnb has "grown from a niche market," Mildenhall says, calling the platform an "additive to the overall market." 

The home-share site is on its way to great things, closing in on 2 million properties, often with 100% occupancy rates in popular cities (as long as it can keep its regulations under control).

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

'Redefining Industry Standards': RCG's 3-Pronged Approach To Building Automation

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift