News

Airbnb CEO says the Tourism industry is never going to be the same after Covid-19

The travel and Tour industry is never going to be the same after COVID19 Pandemic as the famous destinations will now get lesser focus according to the CEO of Airbnb.

In an interview, Brian Chesky the CEO of Airbnb said: “It took us 12 years to build Airbnb, and we lost almost everything in four to six weeks.” He also indicated that the company was all set to go public this year and now the hopes are all gone up in the air.”

CEO also claimed that Airbnb has an uncertain future due to the fear of outbreaks which is experienced massively around the glove. He further said:” Tourism, as we know, is over. I don’t want to say that the journey is over, but rather that the model we know 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.”

The online Holiday rental service was found by Chesky in 2008. He named it Airbnb and initiated the project with two other partners. Chesky reported that Airbnb had the same volume of bookings this year as it was last year. Most of these destinations were booked through local resources.

He further said: “People are saying they want to get out of the house, but they want to be safe. They don’t want to get on airplanes. They don’t want to travel for business. They want to go to cities; they don’t want to cross borders.”

Although the company was heavily impacted by the Pandemic Chesky still has some hopes left for Airbnb. He also believes that tourism and travel will comeback but would take a lot longer period get stable and trustable

Sponsored
Naima Rabbie

Share
Published by
Naima Rabbie

Recent Posts

Weekend Brings Positive Change in Lahore’s Air Quality Index

LAHORE: Lahore's air pollution levels showed significant improvement over the weekend, with the overall Air…

2 hours ago

PTA Streamlines VPN Registration for Freelancers

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has streamlined the procedure of registering Virtual Private Networks…

2 hours ago

Report Predicts PSX Will Hit 127,000 by December 2025

The Pakistan Stock Market (PSX), fuelled by economic stability and budgetary consolidation, is expected to…

2 hours ago

Lahore Completes Preparations for Artificial Rain Project

The Punjab government is advancing plans to generate artificial rain in Lahore to further enhance…

4 hours ago

Indus Motor Company Suspends Toyota Car Production

Indus Motor Company (IMC), which makes Toyota cars in Pakistan, has said that production will…

4 hours ago

Azerbaijan Shows Interest in J-10Cs After Acquiring JF-17s from Pakistan

At the 2024 Zhuhai Air Show, the J-10C "Vigorous Dragon" fighter jet has emerged as…

4 hours ago