Airbnb CEO: It Took Us 12 Years to Build, and We Lost Almost Everything in 6 Weeks

Brian Chesky indicates that tourism of the future will focus on domestic travel.

learn more about Entrepreneur Staff

By Entrepreneur Staff

Getty Images/Stefanie Keenan

You can spend decades building a dream, and the world can destroy it with something as random as a pandemic from an unknown virus. That was exactly what happened to Brian Chesky, the CEO of Airbnb, with the arrival of the COVID-19 this year.

"It took us 12 years to build Airbnb, and we lost almost everything in four to six weeks," Chesky said in an interview on CNBC, indicating that the company was preparing to go public this year, and now that is up in the air.

Chesky also noted that Airbnb faces an uncertain future due to fears of outbreaks that are already being experienced around the world, adding, "Tourism as we knew it is over. I don't want to say that the journey is over, but rather that the model we knew has died and will not return. We are going to get in our cars, drive a few kilometers to a small community and stay in a house.

Related: What Does the Crisis Mean for the Sharing Economy?

The CEO noted that at least in the United States, Airbnb is already recovering, although it does not want to have "false hopes and that its company is not absolutely out of the woods. "

Entrepreneur Staff

Entrepreneur Staff

Editor

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game
Thought Leaders

The Collapse of Credit Suisse: A Cautionary Tale of Resistance to Hybrid Work

This cautionary tale serves as a reminder for business leaders to adapt to the changing world of work and prioritize their workforce's needs and preferences.

Growing a Business

The No.1 Most Bankable Skill You Must Have to Succeed in 2023

If you don't foster this skill, you'll fall behind the pack financially and professionally in 2023.

Business News

I'm a Former Google Recruiter. Here's How to Land a Job in Tech — and What Can Blow Your Interview

A former Google recruiter says layoffs may be trendy, but tech workers are always needed. Here's how to land a job at a major tech company.

Starting a Business

5 Ways Entrepreneurship Can Help Teenagers Overcome Negative Peer Pressure

Here are some of the positives teenage entrepreneurship can have concerning peer pressure.

Business News

'Could This Be True?': Blockbuster Might Be Teasing a Surprise Comeback

The company has shuttered all of its locations except for one in Bend, Oregon.

Business Ideas

55 Small Business Ideas To Start Right Now

To start one of these home-based businesses, you don't need a lot of funding -- just energy, passion and the drive to succeed.