5 charts that help explain Airbnb’s rise from spare-room startup to $31 billion travel behemoth

Airbnb has fundamentally changed the way many people travel by bringing home sharing into the mainstream. The company, last valued at $31 billion in 2017, has grown to rival the hotel industry, but competition is getting stiffer. Here are 5 charts that help explain the rise and evolution of Airbnb over the past several years. …

The Fairmont San Francisco is a regal, historic hotel with classic rooms, stellar views, and past guests that include US presidents, Mick Jagger, and the Kardashians — here’s what I loved about my stay, and what I’d do differently next time

The Fairmont San Francisco is an iconic hotel atop one of the city’s most famous hills. Open since 1907, it’s been a popular choice for presidents, dignitaries, and movie stars. In fact, every president from William Howard Taft through Barack Obama has stayed here. Nightly rates start at $204 for an entry-level Queen room, while …

17 of the most captivating professional photos shortlisted in the 2020 Sony World Photography Awards

The Sony World Photography Awards, one of the world’s most prestigious photo competitions, has announced the shortlisted and finalist entries of its 2020 Professional competition. Open to professional photographers over the age of 18, the competition ran from June 2019 to January 2020. More than 135,000 images were submitted. The competition recognizes photo series consisting …

12 notable airlines have gone out of business in the last 14 months — here’s the full list

The year 2019 was tough for airlines. So far, it looks like 2020 will be the same. Airlines around the world saw a range of bankruptcies, liquidations, and failures, with many forced to shut down in 2019. Air Italy announced it is liquidating February 11, ending what initially looked like a promising venture when the …

Hilton has temporarily closed 150 hotels in China due to the coronavirus outbreak. That’s more than 60% of the hotels the brand has in the country.

Hilton announced yesterday that it has temporarily closed 150 hotels in China as a result of the novel coronavirus. Hilton now joins a growing list of hotels and short-term rental companies, including Airbnb, that are easing cancellation policies for bookings in China as a result of the outbreak. Airlines and cruise ships have also restricted …

A millennial who saved $17,000 in 2 years to take a mini-retirement in Indonesia breaks down the 4-step saving strategy that helped him do it

Wicitra Mahotama, age 27, experimented with early retirement for a year in Indonesia. But to take the leap, he first had to reach three goals: paying off $10,000 in debt, saving $10,000 in an emergency fund, and saving $7,000 for his early retirement. He did this in just over two years by following savings strategies …

Amex Green vs Gold vs Platinum: How to figure out which credit card is right for you

If you want to earn travel rewards, American Express cards that earn Membership Rewards points are a great option. You can transfer these points to over two dozen partners to book hotel stays and flights, or book travel directly through Amex. The three top consumer cards that earn Amex points are the Platinum Card® from …

Airbus unveiled a futuristic new plane prototype with one giant wing and no separate fuselage

Airbus unveiled a new concept for aircraft design at the Singapore Airshow 2020 with a model test aircraft named MAVERIC. The new design features a blended-wing structure that largely merges the fuselage and wing to give the appearance of one large wing. Similar designs are currently in use with the military and have the potential …

A San Francisco software developer paid $3.55 million for one of the city’s iconic Painted Ladies homes that’s a ‘fixer-upper.’ Now she’s embarking on an estimated $3 million renovation process.

A San Francisco tech veteran has bought one of the city’s iconic Painted Ladies homes for $3.55 million, well over its asking price of $2.75 million. The home is a “fixer-upper” — it needs a full-house renovation, with interior photos showing peeling paint and dilapidated rooms. Culver is a software engineer by trade who has …

I’m taking my dream trip to Machu Picchu and the Galapagos Islands for less than $200 thanks to credit card points

I’ve been booking trips using credit card points for years, but my travel goal for 2020 is to go on an epic trip to Machu Picchu and the Galapagos Islands. Thanks to United’s Excursionist Perk, which lets you book a free one-way flight within your itinerary, I’ll be able to take my dream trip for …

Why you should skip the observation deck at Marina Bay Sands in Singapore and book a table at one of its SkyPark restaurants instead

The Marina Bay Sands is one of the most defining buildings in Singapore’s cityscape. Tourists rush to its observation decks for its sweeping views, but I recently found there’s actually a better way to take in the scenery for a similar amount of money. A ticket to the observation deck costs $S26, while a lunch …

After 13 days at sea and refusal by 5 ports, passengers aboard the Westerdam cruise ship are slated to disembark in Cambodia

Passengers aboard the Westerdam luxury liner received good news on Wednesday: they will be able to disembark in Cambodia. Panic about the coronavirus prompted five ports to turn away the luxury liner even though no one aboard the Westerdam tested positive for the illness. Starting Thursday morning, the Westerdam will spend a few days at …

I stayed at Manchester Grand Hyatt San Diego, the tallest waterfront hotel on the West Coast, and think it gives new meaning to room with a view

The West Coast’s tallest waterfront hotel, the Manchester Grand Hyatt boasts a place of honor in the city skyline and features 1,628 guestrooms and suites overlooking San Diego Bay. The hotel is steps from attractions like the Gaslamp Quarter, the USS Midway, and San Diego’s scenic Embarcadero, and there isn’t a bad view, with all …

Airbnb reportedly lost $322 million in the first 9 months of 2019, and it could mean a bumpier path to going public

Airbnb was unprofitable during the first nine months of 2019, The Wall Street Journal reported on Tuesday. The report said Airbnb lost $322 million, compared to a $200 million profit during the same period a year prior, and that costs climbed faster than revenue in its third quarter. Airbnb’s latest internal audit estimated the company …

JetBlue revolutionized low-cost travel when it first flew 20 years ago — here’s how it beat the odds to become a major US airline

JetBlue Airways is celebrating 20 years of operations, having had its first flight on February 11, 2000. Under the leadership of airline entrepreneur David Neeleman, JetBlue started with two planes in 2000 and quickly grew into one of the country’s top airlines. JetBlue thrived at a time when other airlines were failing and consolidating to …

The Betsy isn’t another Art Deco Miami hotel – here’s why I loved this arts-centric boutique property in the heart of South Beach

The only Forbes Four-Star and AAA Four Diamond-rated boutique hotel in Greater Miami, The Betsy Hotel South Beach stands out on Ocean Drive for impeccable hospitality, preserved historic architecture, beautiful interior design, arts-driven cultural programming, and an address across from the beach. The hotel’s outreach philosophy includes partnering with like-minded institutions, global festivals, and international …

DHL put on a fashion show on the tarmac at New York’s JFK Airport right in front of a Boeing 767 cargo plane

A fashion show took place on the tarmac at New York’s JFK Airport on Friday. The show was sponsored by the logistics company DHL. The fashions and unorthodox location of the show were designed to bring attention to the importance of sustainable shipping and logistics in fashion. Visit Business Insider’s homepage for more stories. New …

The best wellness resorts in the Caribbean from rustic retreats under $100 to luxury all-inclusive hotels

The Caribbean is a go-to destination for incredible hotels and resorts, which increasingly feature wellness components ranging from opulent spa packages to unplugged holistic retreats. I’ve visited many top offerings, which purposefully limit Wi-Fi so guests can focus on being present. One of my most memorable experiences was an Ayurveda four-handed Abhyanga traditional oil massage …

More than 2,000 people have been trapped on a Carnival-owned ship for a week due to fears that its passengers might have the coronavirus (CCL)

Passengers on Holland America Line’s Westerdam cruise ship have been stuck on the vessel for a majority of the past 10 days. The ship stopped one known time in Taiwan, but has been prevented from docking in Japan, Taiwan, the Philippines, and Guam due to fears that its occupants might have the Wuhan coronavirus. Holland …

‘Floating around the ocean’: A Westerdam cruise ship has been turned away by 5 countries despite no passengers testing positive for coronavirus

On Tuesday, Thailand became the fifth country to deny entry to the Westerdam luxury liner amid coronavirus fears. The luxury liner departed Hong Kong on February 1 and set sail on a 14-day cruise to Taiwan and Japan. Although Westerdam operator, Holland America Line, says none of its 1,455 guests and 802 crew members have …

Air Italy will end operations and liquidate, becoming the latest airline to fail

Milan-based Air Italy will cease operations and liquidate, the airline announced on Tuesday. Air Italy began flights in 2018, with a 49% ownership stake by Doha-based Qatar Airways. Flights will end after February 25, 2020. Passengers booked after that can request a refund. Visit Business Insider’s homepage for more stories. Less than two years after …

What it’s like to have dinner at the world’s largest all-glass underwater restaurant, where a meal goes for $280 and everyone has to be barefoot

I dined at the largest all-glass underwater restaurant in September. The $280 meal was a three-hour extravaganza. The space seats 20 people max, and everyone has to take their shoes off before entering. Visit Business Insider’s homepage for more stories. In 2016, luxury resort Hurawalhi in the Maldives opened 5.8 Undersea Restaurant. It’s the largest …

10 benefits that make Chase Sapphire Reserve a must-have for frequent travelers

The Chase Sapphire Reserve offers valuable insurance and benefits that are useful for people who travel frequently. While it has a $550 annual fee, a $300 annual travel credit makes the cost much more palatable. Newly added benefits include memberships to Lyft Pink and DoorDash DashPass, worth a combined $30 per month. See Business Insider’s …

The Cosmopolitan of Las Vegas is a rarity with balcony rooms overlooking the Bellagio fountains — here’s why the terrace splurge is worth every penny

Located near City Center on the Las Vegas Strip, offers urban sophistication with a touch of irreverence, and some of the best views of the Bellagio fountains from guestroom balconies — a rarity in Las Vegas. The Cosmopolitan is part of Marriott Bonvoy’s boutique Autograph Collection portfolio, with glittering, whimsical decor that kind of feels …

The Trump administration won’t allow New Yorkers to apply for or renew Global Entry due to the state’s ‘sanctuary’ law — but there’s a free app travelers can use to bypass customs lines. Here’s how it works.

Last week, the Department of Homeland Security (DHS) banned New Yorkers from applying to and reenrolling in Global Entry, the federal program that expedites customs clearance for US residents reentering the United States. An estimated 175,000 New Yorkers will lose access to Global Entry and other trusted traveler programs in 2020, according to DHS Acting …

I flew roundtrip to Europe on 4 flights in basic economy for under $300 and beat the most limiting fare at its own game just by asking

Basic economy fares allow travelers to fly for less if they’re willing to sacrifice some amenities. I chose the fare on a recent trip to Europe and only paid $284 for the roundtrip ticket. Despite the restrictions, I was easily able to get the best out of the fare and secure some of the best …

I stayed at Baccarat Hotel New York, which is considered one of the finest in the world, and think it’s nearly perfect — but there are a few things to consider before spending hundreds per night

The Baccarat Hotel in New York is regularly celebrated as the best hotel in the city, if not the world, earning top rankings on major lists for elegant five-star luxury accommodations and hospitality. The hotel is owned by the French fine crystal brand of the same name with common areas and guest rooms all teeming …