Airbnb Hosts have earned $150 billion since we started.
It began when my roommate Joe and I couldn't pay our rent. We inflated 3 air mattresses and created an Airbed & Breakfast.
Sometimes when you solve your own problem, you're onto something bigger...
Our Q1 results are in:
102M nights booked
$1.5B revenue (70% Y/Y)
$(19)M net loss
$229M Adjusted EBITDA
$1.2B free cash flow
2 years ago, our business dropped 80%, our IPO was put on hold, and some didn’t think we’d make it at all.
Here’s how we turned Airbnb around:
We have canceled all Airbnb reservations in DC for Inauguration week.
Guests will be issued a full refund and hosts will still be paid in full for these canceled bookings.
Here are your top suggestions
1. Lower cleaning fees
2. Better search & filters
3. Verified listings
4. Better customer service
5. Guest loyalty program
6. Total price with taxes
7. Better review system
8. Lower prices
Working on all of this. More upgrades coming this summer
Yesterday I shared an idea to support Ukraine by booking rooms for rent on AirBNB. 24 hours later, 100's of people are booking AirBnBs in Ukraine as a way to send immediate monetary assistance to people in hard-hit areas. The messages in response from the hosts are so moving
I’ve heard you loud and clear—you feel like prices aren’t transparent and checkout tasks are a pain. That’s why we’re making 4 changes:
1. Starting next month, you’ll be able to see the total price you're paying up front.
"You’ve got to start with the customer experience and work back to the technology — not the other way around. I’ve probably made this mistake more than anybody, and I’ve got the scar tissue to prove it."
-Steve Jobs
2.7M guests from Airbnb decided that countries in Africa, El Salvador, and Haiti were beautiful enough to visit. When we embrace the world, we see its beauty.
Verified Wifi:
Yes, finally... We’ve made it really easy for Hosts to verify their wifi speed. Now, when you book an Airbnb, you can be sure it has good wifi.
We have great people leaving Airbnb, and I think other companies will love them as much as I do. If you are hiring, reach out to me at brian.chesky
@airbnb
.com and our team will connect you.
Friend just booked Airbnb apartment in Kyiv ( that clearly he will never go to ) as Airbnb have waved their commission. There are lots of different ways to help / donate but this is one more
#kyiv
#Ukraine
During our darkest days this year, I would remind myself of a saying my dad would tell me growing up:
“Things are never as good as they seem or as bad as they seem.”
I still tell myself this.
Companies will be at a significant disadvantage if they limit their talent pool to a commuting radius around their offices. The best people live everywhere
6 months ago, we set a goal to house 20,000 Afghan refugees. Today, we surpassed that goal
This crisis isn't over, so we're gonna double our goal and house 40,000 Afghan refugees
I'm proud of Sam and Greg. Over the past 36 hours, they've faced tremendous pressure and responded with grace and love - always thinking about their team
Got 4,000 suggestions. Here are the top 6:
1 - Crypto payments (top suggestion)
2 - Clear pricing displays
3 - Guest loyalty program
4 - Updated cleaning fees
5 - More long-term stays & discounts
6 - Better customer service
Already working on most, will look into others now!
Two decades ago, Silicon Valley startups popularized open floor plans and on-site perks.
Today’s startups have embraced flexibility and remote work. I think this will become the predominant way companies work 10 years from now
The displacement and resettlement of Afghan refugees in the US and elsewhere is one of the biggest humanitarian crises of our time. We feel a responsibility to step up.
The right solution should combine the efficiency of Zoom with the meaningful human connection that happens when people come together.
Our design attempts to combine the best of both worlds
Why did we come up with this design?
The world has become more flexible. Our business wouldn’t have recovered as quickly from the pandemic if it hadn’t been for millions of people working from Airbnbs
But there’s a tension.
The most meaningful connections happen in person. Zoom is great for maintaining relationships, but it's not the best way to deepen them. And some creative work is best done in the same room
You’ve described checking into an Airbnb as the moment of truth—when you find out if the home you booked meets your expectations. Too often, it doesn’t.
We’re changing that tomorrow.
On Dec 25 of last year, I asked on Twitter what we should launch in 2017. One of the most popular requests was making group travel easier. We listened, and today we launched split payments for groups of up to 16. Keep the feedback coming!
get ready to celebrate the holidays on the most boring street in the united states of america... because the timeless house where the home alone story began is officially bookable on airbnb. 🎄
filthy animals can request to book on december 7 at 1pm CT.
5. To pull this off, we'll operate off of a multi-year roadmap with two major product releases a year, which will keep us working in a highly coordinated way
i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together. when i decided to join msft on sun evening, it was clear that was the best path for me and the team. with the new board and w satya’s support, i’m…
Obv this is not exactly like 2008. But I remember when we started, it felt like we somehow missed the moment… but there’s always the next moment if what you’re building is important enough
So much of getting through a crisis is thinking you will get through a crisis. And if you are in a position of leadership, your own psychology becomes the psychology of your team.