Airbnb is not slowing down. In fact, it plans to grow.
The short-term rental giant said it will spend as much as $250 million on new businesses in 2025.
“This is the year, you’ll see the beginning of a new Airbnb,” said co-founder and CEO Brian Chesky in a call with analysts.
He did not specify the new businesses and only discussed the strategy of what he believes travelers will need.
“When people book an Airbnb, there’s a lot of experiences and services and other things that would make this stay more special, and it would even include things they wouldn’t think to search for,” Chesky said. “Eventually we’ll move it further and further away from our core.”
“Airbnb is used by, I think, 1.6 billion devices a year, so it’s got a pretty big volume of users, but we’re not a very frequently used app,” Chesky continued. “People…
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