Airbnb CEO: Business travel won't ever go back to what it was pre-pandemic

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Airbnb CEO Brian Chesky said travel demand is rebounding, but he doesn't expect business travel to ever return to the way it was before. 'It doesn't mean business travel is dead, just business travel as we knew it isn't coming back the way it was.'

"It doesn't mean business travel is dead, just business travel as we knew it isn't coming back the way it was," Chesky said in an interview with CNN's Poppy Harlow on Tuesday."The reason why is the bar is higher to get on a plane to do a meeting."As people have largely been grounded for more than a year, Chesky said there's been a realization that much of what workers once traveled for work-wise can be done remotely.

Now it's worth more than Marriott and Hilton combinedAirbnb, a platform for finding and booking accommodations in 220 countries and regions around the world, has already seen travel activity return to 2019 levels, according to Chesky -- and that's without a complete reopening of cross-border travel. Read MoreAirbnb is now betting that flexibility is key to the future of travel.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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Airbnb is not guest friendly. They will side with the hosts when a home is ant infested with bad A/C in Garland, TX, for $14,000/month. Our Texas winter storm revealed their true colors...green for greed. Taking advantage of hurting human beings isn’t the best business model.

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