Airbnb CEO bets on tailwind from economic downturn, says shift in behavior ‘similar to 2008’

Airbnb CEO bets on tailwind from economic downturn, says shift in behavior ‘similar to 2008’

Airbnb (ABNB) is betting that a continued economic downturn will provide a tailwind for the travel company to expand its pool of hosts, looking to earn some extra income.

In fact, CEO Brian Chesky said he’s already seeing a shift in behavior on the platform, reminiscent of the Great Recession when the company was first founded.

“I think this is going to be in some ways similar to 2008,” said Chesky, speaking to Yahoo Finance Live (video above). “A lot of people that weren’t considering…


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