Airbnb Is Approaching One Million Guests Per Night | Re/code

Major motel-mauling momentum

"Chesky’s seven-year-old startup, which was valued at $13 billion back in October, is growing very quickly. Airbnb is in 34,000 cities around the world, and more than 800,000 people will stay in an Airbnb every night this summer, up from just half a million now.

Airbnb’s business allows people to rent out their homes and spare bedrooms to travelers around the world. Chesky says the company has had some notable successes lately — during the 2014 World Cup in Brazil, for instance. Chesky claimed that 20 percent of visitors to Brazil for the tournament stayed in an Airbnb, more than 120,000 people."

Airbnb Is Approaching One Million Guests Per Night | Re/code