Brian Chesky’s pay package leaves a lot of money to potentially give away. With an Obama Foundation scholarship, he’s hoping to use his money to go beyond Silicon Valley.
Airbnb is finally taking a big, expensive swing into the experiences category with its launch of "Icons." The non-traditional accommodations come with a non-traditional business model – they’ll be free or low-cost to guests (but they want you to post them to your socials). And Chesky promises things will only get “crazier.”
Coming off the release of annual financial reports, we delve into the issue of CEO pay in the travel industry in this week's podcast as several major executives have seen their compensation boom in recent years.
The net proceeds of Brian Chesky's 10-year pay package — which he said would be donated to host programs and to charities — would really soar if Airbnb's share price breaches tough-to-reach targets.
MGM Resorts CEO William Hornbuckle made around $37.9 million in pay last year. The financial windfall was a reward for seeing the company notch record revenue and sign a landmark loyalty partnership with Marriott.