Airbnb CEO Brian Chesky wants to draw things out — customer stays, that is. He told the Financial Times that next year the company would "go a little bit beyond its core business," including going beyond its travel roots.
Chesky is specifically looking at longer stays of up to a year. "In this post-pandemic world, there's this . . . unrecognized market of a month, two months, three months, because people can work from laptops, people are going away for the summer," he told the paper.
There's been a lot of rocky news for the company of late. The company's lawsuit against New York City's registration rules for short-term rentals was dismissed. Airbnb has removed 59,000 listings at least this year over high fees and fake listing, as the Associated Press reported. Competitors like Hyatt are trying to expand efforts to provide marketplaces of short-term rentals.
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