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3min chapter
Airbnb
Acquired
Europe Is a Big Market, but It's Not a U. S Base.
Air b m b did this incredibly well across pretty much the whole graft. It's liketh economists view of why is this catme valuable? Like yat exactly. The next big one i had was around create unique supply. But i think we've, we've talked sufficiently about that. One one we haven't talked about is addressing europe. Forty three per cent of nights are are booked in europe on air b and b. This is not a u.S paris is the biggest city last historically, it always was. Only twenty nine per cent of booking are in north america. Stingly, revenues about even between the two,. which means people are spending more money
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