Despite New York’s recent crackdown on illegal hoteliers–which has put the tech-friendly city at odds with successful travel startups–Airbnb has continued to grow at an impressive rate. The San Francisco-based room rental company is reportedly seeking a fresh $100M round at a valuation of $2-3B, an astronomical number given the company’s run-ins with local ordinances and apartment-ruining nightmares.
But despite those minor setbacks, Airbnb has continued to see a significant uptick in travelers who opt to use its services instead of sketchy hostels or expensive hotels. One of the ways in which the company has managed to secure market dominance is by building out a robust mobile experience that caters to the immediacy necessary to on-the-go planning. Read More