The online booking company Airbnb is going . It is moving into the luxury travel market. CEO Brian Chesky has announced an in the company's business model. It wants richer people to use it. The company will offer new of places to stay as vacation homes and boutique hotels. The company has over four million rooms on its in 81,000 cities and 191 countries. It has helped make over 260 million reservations since it launched nine years . Mr Chesky hopes to increase this to more than one billion people staying in its by 2028. Chesky said: "Airbnb is still an . It's still not for everyone. Today we will show you our road : Airbnb for everyone."
Airbnb does not own any estate, or properties. It acts as a between property owners who want to make extra cash by renting out their rooms or homes, and travelers looking for a , more homely alternative to hotels. The company makes money from the booking it charges. Its vision is to branch out into luxury accommodation, restaurant , and adventure travel experiences. A new option will allow people to book " spaces". This includes things like yurts - the large, tents that are home to many people in Mongolia. Airbnb's new "Beyond" will offer travelers "full-on luxury stays" that include " of the world's nicest ".
