Airbnb is launching a new suite of in-home services alongside a revamped Experiences product, pivoting from its core rental business amid slower growth. The services offered include cooking, photography, spa treatments, and personal training, with many priced below $50. Additionally, the Experiences product now features around 20,000 curated tours and classes, emphasizing quality for an average of $66. CEO Brian Chesky envisions Airbnb evolving into a community resource for both travelers and locals, suggesting this expansion could bring in over $1 billion in annual revenue.
What if people monetise their biggest asset in their life, which is not their house probably, but their time? That's exactly what we're doing with the launch of Services and Experiences.
What it means is Airbnb is not just a marketplace for vacation rentals. It's a global community in the real world where you can travel and live anywhere.
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