The company’s CEO Brian Chesky says that the growth of AirBNB has slowed down in recent years, but plans to measure their condition.
In an interview on Tuesday at Skif Global Forum Conference, A events For traveling industry, Chesky said Airbnb Experienced The increase of 40% in 2022, but the number decreased to 18% in 2023 and then 12% in 2024. Second quarter Ending on June 30, the revenue growth was 13%.
“I am not happy where the growth rate in the company is,” Chaski said in this program. “I think AirBNB should grow very fast. It should grow at least in teenagers, and I wish to run a company that is growing more than 20% one day.”
Connected: CEO of AirBNB says that he personally manages 40 to 50 employees as a direct report: ‘a lot of work’
The problem, Chaski explained, was that the company lacked the foundation for permanent development and needed to completely “rebuild” to open the doors for new businesses.
“That’s what we are doing,” said Chaski. “The final stage we now strengthen ourselves.”
In May, AirbNB re -designed its app to include a new feature, which allows guests to book book services (such as massage, photography services, spa treatment, personal training, private chefs and beauty remedies) and and more Experience (Such as watching comedy shows or a boat with local hosts on a trip to sightseeing). Chesky said that the company is expected to increase its main business, holiday fare, while “layering” on these services and experiences.
Chaski said on Tuesday that he believes that the new Prasad of AirBNB would be “multi-billion-dollar business” at some point. Commercial insider,
CEO Brian Chesi, CEO of Airbnb. Photo for Airbnb by Myunggu Han/Getty Images
He also said in the interview that he believes that the growth of AirBNB will increase next year, despite the history of the development of AirBNB, and reminded of the company’s “hypergrath”, when it was when it was First established in 2008.
“We grown the company like a rocket ship,” Chaski said at the event.
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Airbnb is also bending in AI. In August, Chaski said An earning call This AirBNB will become “AI-first application” over the next few years. The company began using AI for customer service in April, which reduced the human customer service interaction by 15%. AI now handles tasks like canceling reservation in the company and helping travel plans. AIRBNB plans to expand the agent this year and give it to more advanced capabilities, such as the ability to search through reservation to find specific details.
Airbnb had a market cap $ 76 billion At the time of writing. The company has More than 5 million hosts,
The company’s CEO Brian Chesky says that the growth of AirBNB has slowed down in recent years, but plans to measure their condition.
In an interview on Tuesday at Skif Global Forum Conference, A events For traveling industry, Chesky said Airbnb Experienced The increase of 40% in 2022, but the number decreased to 18% in 2023 and then 12% in 2024. Second quarter Ending on June 30, the revenue growth was 13%.
“I am not happy where the growth rate in the company is,” Chaski said in this program. “I think AirBNB should grow very fast. It should grow at least in teenagers, and I wish to run a company that is growing more than 20% one day.”
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