The city of Atlanta has been considering a ban or other restrictions on short-term rentals to deal with the problem.Īirbnb already has an Atlanta connection, in addition to the homeowners and apartment owners who use the website to rent their properties. In August, Airbnb banned parties and events with more than 16 people, after 50 Atlanta party houses were removed from its listings for rules violations. Last May, it cut its staff by 25%.Īirbnb CEO Brian Chesky said last month that, once vaccines start to work, consumers will first want to travel regionally to visit family and friends before taking longer trips.Īmid its rapid growth, the company also has faced a backlash in some communities for large parties held at Airbnb-leased properties. The company said Thursday it decided at the end of 2019 to establish a technical hub in Atlanta, but paused plans as the pandemic set in. Explore From December 2020: Atlanta hotel industry recovery not likely until second half of 2021Īirbnb hasn’t escaped the travel downturn. The Atlanta hotel industry does not expect a rebound until the second half of the year, Atlanta Convention and Visitors Bureau CEO William Pate said in December. Still, the pandemic has taken a toll on the travel industry and its recovery is expected to be slow, according to travel executives. That’s larger than Delta Air Lines, Equifax or Southern Co. As of Thursday, it had a stock market valuation of about $118 billion. The company also has formed or plans to establish relationships with the colleges of the Atlanta University Center, the NAACP, the Russell Center for Innovation and Entrepreneurship and other groups.Īirbnb in December held an initial public offering and its shares have continued to rise in value. Brian Kemp, including strategies to “promote equitable access to education, development and training opportunities for Atlanta youth.”īottoms, in a statement, said Atlanta’s “prosperity depends on cultivating a diverse company base that brings jobs and creates opportunities for our residents.” Explore Airbnb co-founder got start in metro Atlanta Details of financial incentives offered to Airbnb also have not been made public.īut the company said it plans to donate any tax incentives or other economic benefits that it receives to the city of Atlanta for “community impact initiatives.”Īirbnb said it has discussed its plans with Mayor Keisha Lance Bottoms and Gov. Womack is not involved with the Airbnb project.Īirbnb didn’t disclose other details of its local expansion plans, such as a specific location in metro Atlanta for its office or an exact timetable. “We’ve known for years that Atlanta is a hidden gem from a Black talent perspective,” said Joey Womack, CEO of Atlanta-based Goodie Nation, which partners with Google to provide funding to minority-owned tech companies. Explore Atlanta fast becoming a mecca for African Americans in tech A Brookings Institute study in 2016 found that four times more Black people worked in the tech sector here than in San Francisco. Many tech companies are making it a bigger priority to increase diversity in the wake of last summer’s Black Lives Matter protests.Ītlanta has become a top landing spot for Black technology workers and entrepreneurs‚ fueled by the city’s large Black population and higher education, including Georgia Tech and historically black colleges and universities. Blacks, Native Americans and Latinos are considered underrepresented minorities, according to the National Action Council for Minorities in Engineering.
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