A Conversation with Airbnb CEO Brian Chesky
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 15 February 2023
⏱️ 8 minutes
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Summary
Airbnb reported earnings this week - with the company’s sales outlook beating analysts’ estimates, signaling robust travel demand following a record year in 2022. Bloomberg's Emily Chang spoke with CEO Brian Chesky about his company's growth opportunities and how to perfect core services.
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Transcript
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.6 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live. I'm Emily Chang. |
| 0:41.6 | No sign of a recession when it comes to travel on Airbnb at |
| 0:45.2 | least. The company reported its first full year of profitability ever with |
| 0:49.3 | Knights and Experiences booked now 16% higher than they were pre- Pandemic. |
| 0:54.2 | Shares closing up 13% today. |
| 0:56.6 | AirB&B CEO Brian Chesky joins me now. |
| 0:59.2 | Brian, thank you for taking the time to join us as always. |
| 1:01.4 | So look, travels robust, but let's talk about the color. |
| 1:05.8 | Are you seeing signs of people making tradeoffs? |
| 1:08.8 | 10 days turns into seven days, $100 a night, turns in to 75. |
| 1:14.6 | You know, it's funny, we are not seeing any measurable slowdown. |
| 1:19.9 | What we said in our Q1 outlook is we are expecting pretty steady growth. |
| 1:24.7 | Now we are expecting a little bit more accelerated growth |
| 1:29.2 | in short-term stays, but that's more of a recovery. |
| 1:33.4 | We're seeing more recovery short term stays, we're seeing more people go to cities, and we're |
| 1:37.0 | seeing more people cross borders. |
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