Skift Take
Not many CEOs would spend Christmas evening engaging in hundreds of conversations with fans and critics alike — and on Twitter no less. But Airbnb CEO Brian Chesky is not your average CEO, and what he revealed in his Noel-time tweets gives us a much clearer understanding of where Airbnb is headed in 2017.
It all started with a simple Tweet on Christmas night.
If @Airbnb could launch anything in 2017, what would it be?
— Brian Chesky (@bchesky) December 26, 2016
Airbnb CEO Brian Chesky’s one tweet has, as of Dec. 26, amassed more than 1,400 replies, 351 retweets, and 1,500 likes.
It’s not often that a CEO of a multi-billion-dollar company would take this direct an approach to acquiring feedback and ideas, but it was especially surprising to see this coming from the CEO of Airbnb, no less. The $30-billion San Francisco-based company is known for keeping a tight lid on its corporate communications, and for often wanting to orchestrate all of its messages with the precision of a neurosurgeon.
What followed after Chesky sent his tweet, however was anything but that. Instead, what we received was an incredibly open and candid conversation; Chesky was extremely open-minded, welcoming people to give their feedback, and he personally responded to hundreds of tweets. Those tweets were also imbued with a number of insights into the future of Airbnb, and at a very pivotal time in the company’s eight-year history.
Just last month, the company debuted Trips, its official entry into tours and activities. And just last week, word emerged that Airbnb was very serious about its decision to launch Flights in the near future as well. In short, the company is transforming itself into much more than just a marketplace where you can find a place to stay. One could even argue it’s on its way to becoming its very own breed of online travel agency.
Debating whether Airbnb will succeed in its latest endeavors, and pondering how Airbnb will achieve its goals have become a central topic of discussion in the travel industry — as has wondering just what the company has planned next. By asking the Twitterverse for its thoughts on what Airbnb could, and should, launch next in 2017, Chesky gave us an even better idea of what lies ahead. Here are the highlights.
Hints About Flights
It’s looking doubtful Airbnb will be working with the traditional global distribution systems like Amadeus and Galileo to launch Flights. And it’s going to add an Airbnb twist to Flights, for certain.
the reason tools are so bad is they have to connect to a 1970s GDS software system (Amadeus, Galileo). This can be circumvented
— Brian Chesky (@bchesky) December 26, 2016
what I can say is we@are thinking bigger than what's being reported
— Brian Chesky (@bchesky) December 26, 2016
this is waiting to be redefined. I don't know when people speculate we would offer flights they wouldn't also expect more from us
— Brian Chesky (@bchesky) December 27, 2016
The Most Requested
Many Twitter uses had similar requests that fell into one of three categories: loyalty, Bitcoin, and experiences, Chesky noted.
A lot of people want Airbnb to have some sort of a loyalty program. Airbnb doesn’t have a formal loyalty program yet, but in the last few years it has formed loyalty program partnerships with Delta Air Lines, Qantas, and Virgin America.
rewards system a la the hotel chains and integrated @venmo mobile payment option
— Don Richard (@DonaldRichard) December 26, 2016
most popular request
— Brian Chesky (@bchesky) December 26, 2016
loyalty program with points, status, & credit card! main thing that holds me back from using it for work travel.
— Sam Duboff (@duboff) December 26, 2016
https://twitter.com/jfrbr/status/813464440704221184
They also suggested Airbnb look into creating physical spaces of its own.
first party you say…
— Brian Chesky (@bchesky) December 26, 2016
when you make something it's first party. You are correct Amazon cherry picked verticals ans made their own stuff. Good idea
— Brian Chesky (@bchesky) December 26, 2016
wow, big move! I will say if you've seen our office you would know how much we obsess and enjoy driving spaces
— Brian Chesky (@bchesky) December 26, 2016
i travel a lot & am in tech. Combine AirBnB tech/experience w/ Chip's physical experience & you have a massive opportunity
— kcfaul (@kcfaul) December 26, 2016
great idea. We certainly have the data
— Brian Chesky (@bchesky) December 26, 2016
Or start offering Airbnb-hosted long-term housing.
coming this spring
— Brian Chesky (@bchesky) December 26, 2016
Bitcoin fans also petitioned Airbnb to accept Bitcoin as payment. After all, Expedia accepts it so why not Airbnb?
wow didn't realize this
— Brian Chesky (@bchesky) December 26, 2016
More quality control for Wi-Fi is at the top of the list for many Airbnb users.
a lot of people have requested this
— Brian Chesky (@bchesky) December 26, 2016
User generated Speedtests for wifi. PLEASE!
— Troy Gasnier (@troygasnier) December 27, 2016
… As are improvements in group travel.
group travel is a big area to improve for next year. We will add this to roadmap.
— Brian Chesky (@bchesky) December 26, 2016
https://twitter.com/sanjay/status/813438874663944192
that's coming as part of our group travel update
— Brian Chesky (@bchesky) December 26, 2016
Many Twitter users also had food-related requests, such as the ability to book a meal at a family home, attend an Airbnb supper club, get discounts at local restaurants, or check out an Airbnb pop-up restaurant.
this is coming…
— Brian Chesky (@bchesky) December 26, 2016
there have been some p2p dining apps. Really exciting experience. Stay tuned..
— Brian Chesky (@bchesky) December 26, 2016
this is a great idea. Might happen!
— Brian Chesky (@bchesky) December 26, 2016
very much in line with where we are going with Experiences. Food = largest spend area in travel (after accom + flight)
— Brian Chesky (@bchesky) December 26, 2016
have you checked out our place tab? We have stuff like this coming to that tab
— Brian Chesky (@bchesky) December 26, 2016
And, in addition to its partnership with online restaurant reservations platform Resy, it’s likely Airbnb will deepen its overall activity in food and beverage, too.
cool idea
— Brian Chesky (@bchesky) December 26, 2016
very popular request. Stay tuned…
— Brian Chesky (@bchesky) December 26, 2016
Future Technology Innovations and Platform Changes
Here are a few changes we can expect to see on the Airbnb mobile app going forward, as well as technology within Airbnb homes.
Dynamic pricing could soon replace Airbnb’s own “smart pricing.”
we have this with smart pricing but not as dramatic as the guarantee you speak of. We could do this though.
— Brian Chesky (@bchesky) December 26, 2016
Airbnb is planning to improve its search functionality, too.
broad, more activity oriented natural language search is coming
— Brian Chesky (@bchesky) December 26, 2016
Yes, ability to share my city-based experiences id love to show off. Thanks for listening!
— Andrew Foxwell 🦊 (@andrewfoxwell) December 26, 2016
Airbnb will get its own virtual assistant in the near future.
I see. We are using machine learning to build a better virtual assistant – will gradually appear in app.
— Brian Chesky (@bchesky) December 26, 2016
it will begin with basic logistics (checking in, getting to experiences you booked on time).
— Brian Chesky (@bchesky) December 26, 2016
https://twitter.com/kintan/status/813541475308867584
@kevingibbon @Airbnb a concierge service / AI system that tells you the next place you should visit based on one's tastes
— Holly Cardew (@hollyccc) December 26, 2016
we are working on this
— Brian Chesky (@bchesky) December 26, 2016
And Chesky believes all homes will eventually become smart homes, too.
agree eventually homes should be networked and intelligent. This will happen, matter of time.
— Brian Chesky (@bchesky) December 26, 2016
Plans for Expansion, Growth in 2017
Here are some hints as to what Airbnb will be focused on next year.
we are going very big in VR next year.
— Brian Chesky (@bchesky) December 26, 2016
ah! And when I said VR, I meant vacation rentals
— Brian Chesky (@bchesky) December 26, 2016
we are going much bigger in these markets. China has an especially large push next year, and may one day become largest mkt
— Brian Chesky (@bchesky) December 26, 2016
And luxury. In fact, these tweets could serve as prototypes for the rumored Airbnb Lux category that is scheduled to debut in 2017.
love this. I'll look into feasibility
— Brian Chesky (@bchesky) December 26, 2016
ask and you shall…
— Brian Chesky (@bchesky) December 26, 2016
Better corporate travel functionality and options could be something Airbnb pursues more going forward, too.
cool!
— Brian Chesky (@bchesky) December 26, 2016
Airbnb may also try to disrupt the car rental industry next.
got it
— Brian Chesky (@bchesky) December 26, 2016
And expect Airbnb to keep building out its Friendly Buildings program, which works with property managers, landlords, and property management companies to make it easier for tenants to host on Airbnb, and for landlords to do the same.
we have a vision for a landlord integration tool. Requires their partnership though so have to go building by building
— Brian Chesky (@bchesky) December 26, 2016
Making Things Easier for Hosts
Airbnb will be adding a number of services for hosts in 2017, Chesky noted.
popular request. Expect many more services in 2017.
— Brian Chesky (@bchesky) December 26, 2016
love this idea. Host loans and funding has been a popular request
— Brian Chesky (@bchesky) December 26, 2016
we are actively considering this, agree it's big
— Brian Chesky (@bchesky) December 26, 2016
Airbnb could have a “host supply store” where hosts can purchase amenities for guests.
nice. We have been thinking about this and have prototyped before.
— Brian Chesky (@bchesky) December 26, 2016
we could build a host supply store
— Brian Chesky (@bchesky) December 26, 2016
More Quality Control for Homes
In 2017, we can expect Airbnb to be curating and editorializing its more than 3 million home listings more than ever before.
this is one of my biggest focus areas
— Brian Chesky (@bchesky) December 26, 2016
we are going to do a lot more around home curation – both algorithmic and editorial
— Brian Chesky (@bchesky) December 26, 2016
we are working on a quality tested program
— Brian Chesky (@bchesky) December 26, 2016
this is all about having a managed program for our host to meet quality consistency… stay tuned
— Brian Chesky (@bchesky) December 26, 2016
Making It Easier for Travelers to Connect with One Another
Chesky said we can expect Airbnb to debut more meet ups, and ways for other like-minded travelers to meet and communicate with one another.
we have started to experiment with a few meet ups in LA. Have you seen this? We are going to blow this up.
— Brian Chesky (@bchesky) December 26, 2016
matching travelers is something we are working on
— Brian Chesky (@bchesky) December 26, 2016
big request. We will do this
— Brian Chesky (@bchesky) December 26, 2016
Talking Regulatory Battles and Affordable Housing challenges
While this Twitter thread was primarily about what product Airbnb could and should launch, Chesky did field Tweets that also pointed to Airbnb’s complicated history with short-term rental regulations and restrictions, too.
have you seen our recent announcements in this area?
— Brian Chesky (@bchesky) December 26, 2016
agree
— Brian Chesky (@bchesky) December 26, 2016
omg this is such a longer story. This requires its own discussion at some point.
— Brian Chesky (@bchesky) December 26, 2016
I know the optics and have lived with it, also stand by it. Deserves a longer convo than inside a product discussion.
— Brian Chesky (@bchesky) December 26, 2016
Chesky also addressed the challenges of affordable housing.
affordable housing deserves a longer response than a tweet, but I agree SF needs more affordable housing (with or w/o) Airbnb
— Brian Chesky (@bchesky) December 26, 2016
And after being slow to adhere to San Francisco’s short-term rental registration laws, Chesky, it seems, hasn’t hosted on Airbnb for more than a year but he plans on being a host for an Airbnb Trip sometime soon.
i haven't been hosting for a while – more than a year.
I'll be an experience host soon though— Brian Chesky (@bchesky) December 26, 2016
Marketing Airbnb
We could soon see Airbnb TV, or Airbnb Radio. In November, Airbnb announced the debut of Airbnbmag, its underwhelming magazine for content marketing.
put marketing is moving to more community content and stories. One of reasons we are doing a magazine
— Brian Chesky (@bchesky) December 26, 2016
https://twitter.com/SheenaMedina/status/813412776207089664
agree we will be cross platform. I also see doing tv, etc. old and new platforms
— Brian Chesky (@bchesky) December 26, 2016
I'm listening…
— Brian Chesky (@bchesky) December 26, 2016
1,000 ideas have been submitted. I was expecting 10. I think I'm now hosting a Twitter Radio show. https://t.co/DbrBSTDlCl
— Brian Chesky (@bchesky) December 26, 2016
Perhaps we’ll find Airbnb on Mars someday, too?
working on that… no joke
— Brian Chesky (@bchesky) December 26, 2016
it will eventually be in everyone's roadmap :)
— Brian Chesky (@bchesky) December 26, 2016
And, finally, maybe we’ll see Chesky at the next Skift Global Forum in 2017.
I think this is the first time you have directly asked? Will try to make it :)
— Brian Chesky (@bchesky) December 26, 2016
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Tags: airbnb
Photo credit: Airbnb CEO Brian Chesky speaking at the company's Open event in November in Los Angeles, CA. Airbnb