Brian Chesky

The first time I've been in the studio with you. So thank you for having me here.

The first time I've been in the studio with you. So thank you for having me here.

Oh, yeah. That's a sign of a good conversation. But we were remote. We were remote in the same city.

Oh, yeah. That's a sign of a good conversation. But we were remote. We were remote in the same city.

Oh, yeah. That's a sign of a good conversation. But we were remote. We were remote in the same city.

Two things. The first thing is we're introducing something that we call the co-host network. So what is this? Well, let's start and give some background. Airbnb, we're only as good as the number of homes we have. And the more homes we have, the more modulated the prices are on Airbnb. So we need to get a lot more homes.

Two things. The first thing is we're introducing something that we call the co-host network. So what is this? Well, let's start and give some background. Airbnb, we're only as good as the number of homes we have. And the more homes we have, the more modulated the prices are on Airbnb. So we need to get a lot more homes.

Two things. The first thing is we're introducing something that we call the co-host network. So what is this? Well, let's start and give some background. Airbnb, we're only as good as the number of homes we have. And the more homes we have, the more modulated the prices are on Airbnb. So we need to get a lot more homes.

And frankly, we have more than 8 million homes today, but we'd love millions more in addition to the organic homes coming to Airbnb. So we went out to a lot of prospective hosts and we asked them, we do this periodically, you know, why aren't you hosting? Number one, people first say, you know, they had no idea the amount of money they can make.

And frankly, we have more than 8 million homes today, but we'd love millions more in addition to the organic homes coming to Airbnb. So we went out to a lot of prospective hosts and we asked them, we do this periodically, you know, why aren't you hosting? Number one, people first say, you know, they had no idea the amount of money they can make.

And frankly, we have more than 8 million homes today, but we'd love millions more in addition to the organic homes coming to Airbnb. So we went out to a lot of prospective hosts and we asked them, we do this periodically, you know, why aren't you hosting? Number one, people first say, you know, they had no idea the amount of money they can make.

And it's a very compelling amount of money you can make. You can make tens of thousands of dollars with an asset you're already paying for. So we asked, well, why aren't you hosting? And the number one answer people gave us was they perceived it as being too much work. It's like, well, I have a job. I have kids. I have this. I have that.

And it's a very compelling amount of money you can make. You can make tens of thousands of dollars with an asset you're already paying for. So we asked, well, why aren't you hosting? And the number one answer people gave us was they perceived it as being too much work. It's like, well, I have a job. I have kids. I have this. I have that.

And it's a very compelling amount of money you can make. You can make tens of thousands of dollars with an asset you're already paying for. So we asked, well, why aren't you hosting? And the number one answer people gave us was they perceived it as being too much work. It's like, well, I have a job. I have kids. I have this. I have that.

I don't know if I can come home, check in guests, or maybe I live in New York City here. And I have a summer home in Florida, but I can't be in Florida to check in the guests. So I need help hosting. And we thought to ourselves, okay, so now if somebody doesn't have the time, they either make one or two decisions. They don't host.

I don't know if I can come home, check in guests, or maybe I live in New York City here. And I have a summer home in Florida, but I can't be in Florida to check in the guests. So I need help hosting. And we thought to ourselves, okay, so now if somebody doesn't have the time, they either make one or two decisions. They don't host.

I don't know if I can come home, check in guests, or maybe I live in New York City here. And I have a summer home in Florida, but I can't be in Florida to check in the guests. So I need help hosting. And we thought to ourselves, okay, so now if somebody doesn't have the time, they either make one or two decisions. They don't host.

Or they go on Google, and they type in Airbnb property management company, and they find this third-party property management company. And there's many, many companies that can manage your Airbnb. The challenge we've noticed is the average five-star rating for third-party property managers on Airbnb is about a 4.62. It is significantly below the median range review score.

Or they go on Google, and they type in Airbnb property management company, and they find this third-party property management company. And there's many, many companies that can manage your Airbnb. The challenge we've noticed is the average five-star rating for third-party property managers on Airbnb is about a 4.62. It is significantly below the median range review score.

Or they go on Google, and they type in Airbnb property management company, and they find this third-party property management company. And there's many, many companies that can manage your Airbnb. The challenge we've noticed is the average five-star rating for third-party property managers on Airbnb is about a 4.62. It is significantly below the median range review score.