Airbnb launches redesigned app, new services business
1. Airbnb's app redesign adds service booking features beyond home rentals. 2. Company plans to invest $200-$250 million for future revenue growth. 3. New app features include personal training and catering services in 260 cities. 4. Airbnb aims to compete with hotels and resorts through enhanced service offerings. 5. Company's previous revenue guidance caused shares to fall amid travel softness.