Airbnb chief executive Brian Chesky is making a renewed push to increase room supply on the travel platform, with the average price per night having soared more than 40 per cent above pre-pandemic levels.
Chesky said he was “not satisfied” with the inflated cost of using the short-term accommodation site, laying out measures to address the problem, including a move to pay existing hosts to help new ones get set up on the platform, as well as longer-term plans to reduce cleaning fees.
The average daily cost of a stay on Airbnb was $156 in the July-to-September period, up 5 per cent on 2021 and a rise of more than 40 per cent compared with 2019.
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