In its 2021 annual report, the company said full-year revenue was up 77% on the year before and above 2019 levels, hitting $6 billion in sales.Īll that pandemic-era remote work and social distancing has been a windfall for Airbnb, as more travelers favored the relative isolation of an Airbnb over a hotel. Airbnb went public on the Nasdaq in December 2020, so there’s little public information about the company’s pre-pandemic performance.Īirbnb’s stock is currently trading at $159, which is 233% of its debut price of $68. Whether Airbnb has been more productive than ever during the pandemic, as Chesky says, is a little hard to quantify. A 2014 study led by Stanford University and China’s largest online travel agent, Trip, found worker productivity increased 13% when staff was allowed to work from home four days a week. He said in his listing there will be security cameras in his home - but not in the guests' "personal, private areas." He also has round-the-clock security personnel, whom he said "are all awesome.But previous research has shown that remote work, for some job types, may actually boost productivity. Not that Chesky should be all that worried. The company also launched other new features on Wednesday including a one-to-one guidance service for new hosts. The Airbnb CEO is backing an upgrade to AirCover, the company's protection plan for guests and hosts, that includes guest identity verification and technology to ensure that suspicious reservations for parties are blocked. Guests will also have access to a full bathroom, a kitchen, and the living room. She added more dates will open in the future.Ĭhesky's room listing shows a large bed - queen size "with a real mattress," per the listing - two closets, a desk, and an armchair set against the backdrop of a world map.
However, the room already booked out till March 2023, an Airbnb spokesperson told Insider.
The billionaire is charging $0 for the stay.
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