In December 2020, the short-term rental platform went public, sending Chesky’s net worth surging by $6.5 billion. Shares of Airbnb fell by 3.4% on Tuesday after the Gordon Haskett research group downgraded the company’s stock.Ĭhesky co-founded the company in 2008 with his former roommate, Joe Gebbia, and Nathan Blecharczyk, who each own smaller stakes. In November, he said that Airbnb will institute a permanent “flexible” policy allowing employees to work remotely. Last May, Chesky told shareholders that employees won’t need to return to the office until September 2022 or beyond. The company reported revenue of $2.2 billion in the third quarter of 2021 - a 36% increase from the same period in 2019. Airbnb reported soaring revenues last year, surpassing $2.2 billion in the third quarter of 2021. Last November, the company reported record-high profits as the number of bookings surpassed its pre-pandemic figures.
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The constant movement is likely to be accelerated by the “Great Resignation” which saw more than 20 million Americans quit their jobs in the second half of 2021, according to government data.Īirbnb has capitalized on the trend. The number of Americans who will be working remotely is expected to nearly double from pre-pandemic levels of 16.8 million to 36.2 million by the year 2025, according to Future Workforce Pulse Report. The latest data appears to support Chesky’s claims. “Cities and countries will compete to attract these remote workers, and it will lead to a redistribution of where people travel and live.” “More people will start living abroad, others will travel for the entire summer, and some will even give up their leases and become digital nomads,” he tweeted. I’ll be staying in a different town or city every couple weeks- Brian Chesky January 18, 2022 “I think the pandemic has created the biggest change to travel since the advent of commercial flying,” he tweeted.Ĭhesky predicted that this year will see people “spreading out to thousands of towns and cities, staying for weeks, months, or even entire seasons at a time.”ġ. He added: “In the past year, 100,000 Airbnb guests booked stays of 3 months or longer.” “From July to September, 1 in 5 nights booked on Airbnb were for stays of a month or longer, and nearly half of nights booked were for stays of a week or longer,” Chesky tweeted. Chesky’s net worth has been pegged by Forbes at around $12.5 billion. He cited his company’s own data showing a sharp increase in the number of long-term rentals since the onset of the coronavirus pandemic. The San Francisco resident, who insists he will return to the Bay Area “often,” tweeted his plans to decamp to Atlanta this week before going on to other destinations.Ĭhesky, 40, said he’s doing it because “it’ll be fun, but more importantly it will help us improve the experience for people who can now live anywhere.” “I’ll be staying in a different town or city every couple of weeks.”Ĭhesky, whose net worth is estimated by Forbes to be around $12.5 billion, plans to migrate from one Airbnb to another. “Starting today, I’m living on Airbnb,” Brian Chesky tweeted on Tuesday. As cofounder and CEO, Brian Chesky has presided over the growth of Airbnb to 192 countries with over 500,000 listings. Here’s the ideal side hustle to get out of debt based on your zodiac signĪirbnb’s CEO and co-founder says he’ll work remotely and move from city to city every couple of weeks - staying, appropriately enough, at a different Airbnb rental. We’ve seen how design can facilitate trust and enable more human connection, something people are desperate for during an unprecedented time of loneliness and disconnection.Airbnb host fed guests dog food in spaghetti: Ex-worker reveals favorite complaintĮscape to this secluded Airbnb jungle rainforest tree house in Bali We each believe not only in making objects and interfaces, but in crafting services and experiences. We share the same belief in the value and importance of creativity and design. “Jony and I have been good friends for many years, and he has been gracious enough to provide me with guidance and advice. I know he is particularly excited about a relationship that will evolve to become a deep collaboration with our creative team.” Jony will also help us continue to develop our internal design team, which he believes to be one of the world’s best.
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We have made the decision to work together through a multi-year relationship to design the next generation of Airbnb products and services. “I’m thrilled to announce that Jony and his partners at LoveFrom will be engaging in a special collaboration with me and the Airbnb team.