Airbnb CEO Brian Chesky said the US is its strongest market right now - Business Insider

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Airbnb CEO Brian Chesky says the US is its strongest market right now, as the pandemic drives many consumers out of cities to set up temporary rural homes

Airbnb's strongest market right now is the US, CEO Brian Chesky told Business Insider in an interview.

The company is also seeing strength in France, the UK, and Northern Europe more generally, while its business is weaker in South America and Asia, he said.Airbnb's business was upturned by the onset of the coronavirus pandemic in this country and around the world. The company is also seeing strong demand for its services in Northern Europe, particularly in France and the UK, Chesky said.

"There's a shift from traveling to living," Chesky said. "While fewer people are traveling, we're picking up a lot of ground [from] longer-term stays."The rebound in the US market comes despite the fact that it remains one of the epicenters of the epidemic with far more cumulative cases and deaths than any other country.

 

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