'There's this really new trend where traveling and living are starting to blur together,' Airbnb CEO, Brian Chesky, said. 'People are booking for weeks at a time or even months at a time.'
The company revealed in June its bookings were actually higher than they were a year ago, before the pandemic put a stranglehold on the broader travel industry."There's this really new trend where traveling and living are starting to blur together," the company's CEO, Brian Chesky, told CNN Business' Richard Quest on Thursday."People are booking for weeks at a time or even months at a time.
And the boom in business has spurred Airbnb to continue planning to make its stock market debut later this year, despite ongoing market volatility. Airbnb files confidential paperwork for an IPO"We started this year we were planning on going public, and the pandemic hit and it seemed inconceivable that this company will go public," Chesky said."But what I will say is that the business is so much more resilient than I think any of us even gave ourselves credit for.
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