The Airbnb Leaders Charged With Reigniting Growth
The company rebounded strongly from the early days of the pandemic, but growth has slowed more recently
Airbnb rebounded strongly from the early days of the Covid-19 pandemic. This year, however, revenue is projected to grow less than 12%, down from 40% as recently as 2022.
To reignite growth, CEO Brian Chesky a year ago shifted Dave Stephenson, the company’s longtime chief financial officer, to a role plotting new products and international expansion. Stephenson quickly brought in four outsiders—including three Apple veterans—to help.