Industry Update
External Article29 June 2020

Airbnb CEO: Travel may never be the same

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axios

Airbnb co-founder and CEO Brian Chesky told Axios in an interview that global travel may never fully recover, and that he sees a future where people travel much more within their own countries, possibly for longer stays.

Driving the news: "I will go on the record to say that travel will never, ever go back to the way it was pre-COVID; it just won't," Chesky told us by Zoom from his home in San Francisco. "There are sometimes months when decades of transformation happen."

Chesky, who said travel has changed more tectonically than during the Great Recession of 2008, said Airbnb data shows these trends:

  • "People are not getting on airplanes, they're not crossing borders, they're not meaningfully traveling to cities, they're not traveling for business."
  • "They're getting in cars. They're traveling to communities that are 200 miles away or less. These are usually very small communities. They're staying in homes and they're staying longer."

Read the full article at axios

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