“And that means that every year, we need to give away more value than we’re charging.”Ĭhesky said Airbnb already offers its hosts things that competitors don’t, such as $3 million in damage protection in its AirCover insurance, and “24/7 support” for hosts. “And so my general principle is I want the moat of everyone to get deeper every year,” Chesky said.
Part of the interview revolved around his hope that Airbnb can deepen its “moat” to stave off the competition.
These were some of the ideas that Airbnb co-founder and CEO Brian Chesky discussed yesterday at an investor conference in San Francisco.
What’s next for Airbnb? Among the possibilities are a new array of services for hosts and guests, some for free and some for sale, and an advertising platform that might include sponsored listings.
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