Airbnb CEO says he’s ‘very confident’ about travel demand


Airbnb is the first travel company to rebound from the pandemic. – Reuters

NEW YORK: Airbnb Inc chief executive officer Brian Chesky says he feels good about the fourth quarter, citing the home-rental site’s adaptable sales model and customers’ continuing interest in long-term stays.

Speaking in an interview with Bloomberg Technology anchor Emily Chang, Chesky responded to Airbnb’s shares dropping 13% on Wednesday after the company said it expects the pace of bookings to “moderate slightly” in the last three months of the year.

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