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As recession looms, Airbnb CEO wants your home to make money

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AFP

New York (AFP) – After years of trying to expand into other sectors, the CEO of holiday home giant Airbnb, wants to get back to the basics: helping people make money. “I had tried to create too many things at the same time,” explained Brian Chesky to AFP. “Then the pandemic occurred. We had to get back to our core business,” he said. The sudden halt to world tourism was a shock to the home rental company and forced layoffs of a quarter of Airbnb workforce in 2020. It also snapped the company’s foray into travel “experiences”, Airbnb’s move into tourist activities. The health of Airbnb, along w…

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