The billionaire founder and CEO of Airbnb has announced from now on he will be working remotely from a number of different rentals – as he hops from city to city.
Brian Chesky, 40, who is currently worth an estimated $12.3billion, took to Twitter yesterday to announce his alternative style of working.
In a series of tweets he outlined where he would be staying over the next couple of weeks and why he has chosen to operate in so many different locations.
He wrote: ‘Starting today, I’m living on Airbnb. I’ll be staying in a different town or city every couple of weeks.
Brian Chesky, 40, who is currently worth an estimated $12.3billion, took to Twitter yesterday to announce that he would be staying in a number of Airbnbs as he city-hopped
In a series of tweets, Chesky explained that he planned to start in Atlanta, but would be frequenting San Francisco – and other places – while staying in a number of Airbnbs
‘This week I’m in Atlanta. I’ll be coming back to San Francisco often, but for now my home will be an Airbnb somewhere.
‘Why am I doing this? I think the pandemic has created the biggest change to travel since the advent of commercial flying. For the first time, millions of people can now live anywhere.’
Chesky continued by explaining that remote working has ‘untethered’ many people from the requirement of working in an office every day.
‘We’re seeing this in our data,’ he added. ‘From July to September, one in five nights booked on Airbnb were for stays of a month or longer, and nearly half of nights booked were for stays of a week or longer.
‘In the past year, 100,000 Airbnb guests booked stays of three months or longer. In 2022, I think the biggest trend in travel will be people spreading out to thousands of towns and cities, staying for weeks, months, or even entire seasons at a time.
Chesky continued by explaining that remote working has ‘untethered’ many people from the requirement of working in an office every day (stock image of the Airbnb logo)
‘More people will start living abroad, others will travel for the entire summer, and some will even give up their leases and become digital nomads.
‘Cities and countries will compete to attract these remote workers, and it will lead to a redistribution of where people travel and live.
‘This trend is kind of like a decentralization of living, and it’s changing the identity of travel. So that’s why I’m living on Airbnb. It’ll be fun, but more importantly it will help us improve the experience for people who can now live anywhere.’
According to the Future Workforce Report, the number of US citizens who will be working from home is set to rise to 36.2million by 2025.
And with fewer workers needing to be in the office as a result of the Covid pandemic, people took the opportunity to move around more.
Airbnb recorded record profits in the third quarter of 2021 of $2.2billion – a rise of 36 per cent when compared to the same period in 2019, before the pandemic.
Last year, Airbnb quietly removed a clause from its 40-page terms of service to allow hosts and guests to sue the company over sexual assault and sexual harassment claims that take place in its listings
Chesky founded Airbnb back in 2008 with his roommates Nathan Blecharczyk and Joe Gebbia – who both own smaller stakes in the company than Chesky.
In 2020, the company went public, with the share price rising to $144, more than doubling its initial value.
Last year, Airbnb quietly removed a clause from its 40-page terms of service to allow hosts and guests to sue the company over sexual assault and sexual harassment claims that take place in its listings.
The clause – which said customers claiming sexual assault or sexual harassment took place in an Airbnb property had to seek a judge to settle the dispute – had been buried in the terms for more than a decade.
The 150 million Airbnb users agreed to this clause when they registered for the site.
The 150 million Airbnb users agreed to the previous clause when they registered for the site. In a statement issued last year alongside the change, Airbnb said it was ‘building trust’ by ‘doing the right thing in the rare instances where things go wrong’
In a statement released in August 2021, Airbnb said, ‘We’re announcing that arbitration provisions will no longer apply to sexual assault or sexual harassment claims by hosts or guests in the next iteration of Airbnb’s Terms of Service.’
‘We believe that survivors should be able to bring claims in whatever forum is best for them,’ the statement read.
It also encouraged ‘industry peers within the travel and hospitality space to consider taking similar steps for their respective communities’.
Airbnb concluded the statement by ensuring hosts and guests that it is ‘building trust’ by ‘doing the right thing in the rare instances where things go wrong’.