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It will be located on a 41-acre (17 ha) property adjacent to the airline's flight academy and conference and training center, west of Texas State Highway 360, 2 miles (3.2 km) west from the current headquarters. The airline will lease a total of 300 acres (120 ha) from Dallas-Fort Worth International Airport and this area will include the headquarters. Construction of the new headquarters began after the demolition of the Sabre facility previously on the site.
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Airbnb is an American home rental platform based in San Francisco that lets people list, find, and rent short-term lodging in 65,000 cities and more than 191 countries across the globe. Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, it has done more than any other company to change the way people find places to stay away from home. In recent years, Airbnb has evolved its peer-to-peer model to give hosts the tech tools they need to run a seamless, sophisticated operation. More than 40% of Airbnb listings are now available via Instant Book, allowing guests to make reservations much as they would a hotel booking, and a new check-in tool automatically feeds arrival instructions to them via the app. The company has also expanded into Business Travel Ready listings, which offer travelers a designated work space, guaranteed Wi-Fi, and more. Now valued at $31 billion, the company is also helping travelers explore the world outside their rentals. In 2016, Airbnb launched Trips, a service that lures travelers out of their rentals for local tours and adventures in 20 countries and 30 cities around the globe. And in an effort to address humanitarian issues, Airbnb launched an Open Homes program in 2017 that allows hosts to offer housing to refugees, displaced travelers, and those seeking shelter after disasters.
Our roots are in San Francisco, but we also have offices in Seattle along with an important and fast-growing product and technology presence in Gurgaon, India. Hotwire has the energy and pace of a startup, plus the stability and backing of the incredible Expedia Group. Our culture centers around delivering value to customers and supply partners by being passionate about building great products with the latest and greatest technologies available. We pride ourselves on our organizational transparency, a bias for action and a customer centric approach to everything we do.
One year later, there were 15 people working from Chesky and Gebbia's loft apartment on Rausch Street in San Francisco. To make room for employees, Brian Chesky gave up his bedroom and lived at lodging booked via the Airbnb service until the company moved into its first office space. In April 2009, the company received $600,000 in seed money from Sequoia Capital and, in November 2010, raised $7.2 million in financing from Greylock Partners and, again, from Sequoia Capital, in a Series A round, then announcing that out of 700,000 nights booked, 80% had occurred in the previous six months.