Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

More than two years ago, Airbnb made its first foray into the luxury travel market when it bought Luxury Retreats, a Montreal-based firm that rented out high-end beach villas and ski cabins. About 2,000 of those accommodations can now be rented on Airbnb’s main website under a new category called “Airbnb Luxe,” where options such as a $17,000-a-night French chateaux and a $6,000-a-night Tuscany...

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