Brian Chesky Ties Airbnb Stays to a $500 Million Crisis-Housing Commitment

Brian Chesky) in black shirt and pants sits on stage in front of blue screen" width="970" height="700" data-caption='Brian Chesky is tying Airbnb stays to emergency housing support as the company faces continued scrutiny over its impact on housing. Photo by Kimberly White/Getty Images for WIRED'> Brian Chesky, Airbnb’s co-founder and CEO, is opening the company’s doors to people in crisis with a funding plan meant to provide $500 million to Airbnb.org over five years. It ties donations to completed stays on his travel platform. The nonprofit aims to turn that support into one million free nights of housing a year by 2030. The company reported on Nov. 5 that revenue in the three months ended Sept. 30 increased 19 percent year over year to $4.9 billion. The company’s shares climbed about 12 percent Nov. 6 after it raised its full-year revenue growth forecast.

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