Excerpt from Domain
Billionaire Airbnb co-founder Joe Gebbia has outlined plans to consolidate the international travel market during his first trip to Australia - a country where one in five people are signed-up members of his business.
The 10-year old Silicon Valley start-up operates as a way for hosts to rent a spare room, or their entire home, to a traveller, but the future of the platform is a more complete “end-to-end” trip experience.
“Our ambitions extend far beyond accommodations,” Mr Gebbia told journalists in Sydney on Monday.
"The average vacation takes upwards of 25 hours to plan and put together — from flights and rental cars, accommodations, split payments with friends — there are all these different components.
"I think people use about 10 different apps to coordinate an entire trip, so we ask the question: why? Couldn't you have one place to go to put your whole trip together?"
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