Airbnb founder: Chinese consumers outbound travel expenses much higher than the United States

Sina Technology News Beijing November 9 evening news, Airbnb co-founder Nathan Blecharczyk today said that with the rise of China's middle class, as well as a large number of young people who love to travel, In the Chinese market has a great potential for growth.

Speaking during an APEC meeting (APEC summit) in Vietnam today, Airbnb's presence in the Chinese market was good, said Blackski: "China is the fastest growing Airbnb in all of our operations Market. In terms of outbound travel, the growth rate of the Chinese market ranked second.

Blaiseuskack also said Chinese consumers spend far more on outbound travel than US consumers, thanks largely to the rise of China's middle class and the large number of young people who love traveling.

Unlike many other U.S. companies, Airbnb's current operations in the Chinese market have not taken the form of working with local partners, Blaiseuskack said it is still too early for Airbnb to work together.

He said: "There is great potential in the Chinese market and we have not encountered any resistance at the moment. Our business has proceeded smoothly and the growth rate is very strong."

When asked if Airbnb wants to dominate the Chinese market first before the IPO, Blaise Kastac said Airbnb is eager to showcase its success in the Chinese market as early as possible, but to become a successful public company, It is crucial that we set the right goals and achieve them well.

As for when Airbnb considered IPO, Blas Casiac did not give any information.

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