Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, June 25, 2020

Airbnb: "We spent twelve years building and lost almost everything in a few weeks"

The company, which was preparing to go public, is facing an uncertain future due to restrictions as a result of the pandemic as well as fear of possible outbreaks. "Tourism as we knew it is over. I do not mean that travel has ended, but that the model we knew has died and will not return," said Airbnb CEO Brian Chesky in an interview in CNBC in the United States.

"People want to go out, but be safe. They do not want to get on a plane or travel on business or cross borders," he explained, later explaining that the trend will be towards more domestic and local tourism, close to or without large urban centers or leave the country. For example, the businessman mentioned the figures handled by the platform in Spain, which between May 24 and June 6 registered more national reserves than during the same period in 2019. "What we are going to do now is get in the car, drive a few kilometers to a small community, or city, and stay in a house," says Chesky, who during the interview acknowledged that the number of reservations between the end of May and June in the United States is similar to a year ago.

Last news and analysis

Chile · Mobile · Operators

11/07/2025

Mundo customers gain access to WOM's mobile network

México · Mobile · Operators

11/07/2025

AT&T enables 5G for mobile prepaid users

Globales · Data Center

10/07/2025

IMF warns AI demands greater, more reliable energy resources

In a recent report, the IMF warns that this aggregate demand could impact electricity prices if policies are not adapted to the new reality for the sector. By 2030, AI data centers will consume as much electricity as India.

América Latina · Internet & OTT · Operators

08/07/2025

AIA report claims network fees are unjustified and threaten regional Internet ecosystem

The report, prepared by SmC+ Consulting, states that mobile operators' revenues are growing at an acceptable pace for a mature industry, and that network investments have never been traffic-sensitive, among other arguments. Mercedes Aramendía, Executive Director of the Alliance for an Open Internet (AIA), spoke with Convergencialatina about the study's findings.

Globales · Voice Services · Operators · Equipment Providers and Network Solutions

04/07/2025

Ericsson: Phasing out 2G and 3G networks is a business play for CSPs

The provider mentioned the case of a European operator who, by switching from old networks to more modern ones, will achieve savings of €53 million over five years. The challenge is to achieve an effective transition with a comprehensive hardware and software approach focused on voice and M2M services.

Search news