Airbnb CEO discusses over 350 new improvements to the app to help guests with bookings
This segment originally aired on November 9, 2023. Airbnb (ABNB) renters reflected their dissatisfaction through their reviews, and the platform has listened, rolling out a series of updates and improvements to the service in its Winter Release. Airbnb CEO Brian Chesky sits down with Yahoo Finance's Akiko Fujita from the New York Stock Exchange to talk about the rental service's new features — like guest favorite suggestions — and gauge the strength of travel bookings. "Not only do I think we have a great foundation, but i think we've made more improvements than probably almost any other company in travel," Chesky states, later saying: "Just to give you a stat, today, prices in North America are down 3% year-over-year on Airbnb. For hotels in North America, [prices are] up approximately 10% year-over-year. So the trend line is good." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.