Press for Airbnb

Fancy vacationing at the five star presidential estate the Obamas used during their luxury Hawaii vacation? For $3,571 per night you too can stay there thanks to global travel site Airbnb.

A few weeks ago, I decided to take my girlfriend to Austin for the weekend. It was our first trip out of Houston together, and it presented several immediate problems. The first was that I had waited until the last second to book a decent hotel room, leaving me with dwindling options, such as dropping $500 for a single night at the glossy new W Austin or $400 at the historic Driskill Hotel.

We spoke to Airbnb CEO Brian Chesky after his talk onstage at the GigaOM Roadmap conference — during the talk Chesky spoke about many possible avenues for the company’s expansion but didn’t commit himself to any one path.

Airbnb is a pioneer in short-term rentals for travelers.
The San Francisco startup helps people rent their places out to visitors by providing them a template to post pictures and a ready-made market of interested travelers. It then takes a 10% cut of each sale.