Starting with one big picture question of all the enterprises affected by the pandemic yours has to be one fe. The most you are about mobility and people have not been mobile. What is the main discovery will surprise you are taken from this experience. We lost 80 percent in eight weeks. That was quite surprising. But maybe even more surprising isat what happened next. People, no matter the circumstances in the midst of epidemic still have a desire to travel. Didnt want to go to crowded hotels, they did want to get in the car and go to another community and live there somewhere getting homes from airbnb there is a fundamental desire to travel and connect and see the world i dont think anything can stop it let alone a pandemic especially if veyou do it responsibly but there is a strong will to see the world it has to be done in a much narrower context. Host airbnb is a new way to do something people have done for a long time to travel and lodging. Because there is a large structure of ar
Deborahears, my wife and i have traveled across the country, especially across the towns, to learn about those parts of the american story. For conversation about future travel, i am glad to welcome the. Eo of airbnb, brian thank you so much for joining us. I have questions about your business in the olden times, in the future times. I want to start with one big picture question about all the enterprises that have an affected by the enterprise, yours has to be most affected. You are about mobility, and people have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get
One of the most effective. You are about mobility of people and not been mobile. Whats the main lesson or surprise or discovery that you personally have taken from the experience and the last eight months or so . We lost about 80 of our business and eight weeks. We its been about a decade building. That was quiten surprising but the thing that may been more surprising is what happenedis next. What happened next is that people, no matter the circumstances, in the midst of the pandemic still had the desire to travel. They didnt want to get on planes, they were not necessary traveling for business. They didnt want to go to my hotel or they did want to get in the car and go to another community and live in that community and often some of them were getting homes with airbnb. Theres just this fundamental desire that people have to travel, to connect, to see the world and i dont think that anything could stop it let alone a pandemic. People have to do it responsibly but there is still a very
Travel, i am glad to welcome the. Eo of airbnb, brian thank you so much for joining us. I have questions about your business in the olden times, in the future times. I want to start with one big picture question about all the enterprises that have an affected by the enterprise, yours has to be most affected. You are about mobility, and people have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get on planes, they were not necessarily traveling for business, they did not want to go to a hotel or crowded tourist district, but they did want to get in a car with a tan
This is bloomberg surveillance. Im Francine Lacqua in london. Lets go straight to the markets. We are seeing a lift to the market somewhat but a bit flattered then what it was earlier on. 0. 4 . Oxx 600, down by the dollar is rising. Treasuries advancing. We had a little bit of momentum. We saw that historic rally. The dollar strengthening for the first day in nine sessions. The Federal Reserve extended its main Street Lending program which means it is allowing more companies to participate. That lessens the burden on banks that create the loans. Plenty more on that throughout the day. Thats get to the first word news in london with dani burger. Dani hi. Lockdowns across the world may have prevented about a half a billion coronavirus infection. That is according to the first peerreviewed analysis of the impact of health policy. It comes as the World Health Organization says people without symptoms passing on the virus is very rare which contradict speculation about the prevalence of so