liz: brian chesky, airbnb thank you so much for joining us. >> thank you very much.e stock is up 5 % at this very moment or $8.11 pretty much session highs here, for airbnb. after more spac and regulatory drama in u.s. , bill akman backed universal music group making a star stud ded market debut in the netherlands we've got all your access passes and back stage passes to the ipo action, next, plus charlie talks about how coinbase, speaking of which, is the next in the crypto space, to take on the sec. closing bell 17 minutes away, we're going to get you all the crypto news, and of course, charlie's personal spin coming right up, don't go away. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll

emily: and brian chesky maintains his position travel will never be the same. part of my chat. brian: the world is continued to be more flexible. people don't go back to the office five days a week. some business travel is curved. if you believe those things, then travel is never going to come back the way it was. it is going to be different. i think there is going to be a new golden age of travel, it is just going to be really different. emily: do you still disagree? you believe business and leisure travel willfully come back to what they were in 2019? peter: i don't disagree with brian. if you take his thesis that we don't go back to work five days a week, which is an open question, i'm assuming our company will go to hybrid work when we do come back, it is true , that you are expanding potential for longer weekend trips and things like that. different, sure. business travel though i think will return. i was with a leading bank ceo this week and he said a team of his was offered a business and five banks were offered the business and his team went in person. t

earlier today we had the privilege to catch up with brian chesky, co-founder, chairman and ceo of airbnbe by our headquarters in englewood cliffs, new jersey, to make his point to cramerica take a listen. brian, airbnb has created a travel revolution and this number tells me that's the case. >> yes yeah so we started just 14 years ago and when we started airbnb i remember the first person i told the idea about he said, brian, i hope that's not the only idea you're working on. well today, 14 years later we just hit 1 billion guest arrivals on airbnb imagine airbnb being used a billion times. that's what's happened. >> it's not just that you've created an amazing industry but you've created wealth and empowerment for people who didn't have it. >> just to give you an example, since we started the company women on airbnb are hosts. 55% are women. they've earned $70 billion through airbnb the top professions of hosts are health care workers and teachers these are mostly everyday people this is important economic money for them. >> now i think what -- got some people worried was there was a be

tom: airbnb ceo brian chesky talking about the future of travel.togo has partnered with a firm. it is a deal which combined to 1.2 billion euros. joining us now is the founder and ceo patrick andrae. congratulations on the listing. what are you seeing in terms of demand at this stage, are you back to pre-pandemic levels? patrick: thank you for having me. it is an exciting day for us. humbling and exciting. bringing the company to the stock market is one of the aspirations you have when you build such a company for almost eight years. from the demand side, it has been an interesting thing, you just heard it from airbnb, for us, we had higher demands during the pandemic. we had more bookings than we had in 2019 in 2020. 2021 was a record year for us in terms of demand. we have never had such a great quarter one despite europe still being on lockdown. it was better than ever. the last month, august was a record month for hometogo. francine: how do people travel and get these properties differently? most people have been stuck at home, do we travel les

brian chesky predicts that as the travel sector recovers following the global pandemic it is also goinge fleury in new york. number one, business travel has been the primary driver of profits and revenue for the travel industry. most of business travel is fundamentally altered forever because technology is replacing the need to get on the aeroplane. numbertwo, people aeroplane. number two, people don't aeroplane. numbertwo, people don't have to be back at the office and i certain date which means they can go on longer trips. notjust going for a few days or a week, they are going for a month, an entire summer and all we have to believe is that employees will not all force people to come back to the office five days a week. to know that everything has changed forever.- know that everything has changed forever. much of this is transitory? _ changed forever. much of this is transitory? if _ changed forever. much of this is transitory? if i _ changed forever. much of this is transitory? if i look - changed forever. much of this is transitory? if i look at - is transitory? if i look at going

earlier, i sat down with airbnb ceo brian chesky about how he calls this a travel revolution. ian: there will be a big shift from business travel to leisure travel. technology has replaced a lot of the need for business travel. but the more people are at home, the more they want to travel. they will travel to cities, small towns, it rural community spirit hopefully next year, cross-border will recover. once cross-border recovers, you will see a whole bunch of people not just traveling abroad but living abroad. emily: let's go out a couple of years. you have repeatedly said that travel will never be the same. the ceo of expedia said travel will go back to the way it was, even business travel. why am i getting different opinions? brian: the world is not going back to the way it was in 2019 anymore than it is going back to the way it was in 1950. this is the worst technology will ever be in our lifetime. it will only improve. people will continue to have more options. with a to live in a world where all you have to believe it's people don't go back to the office five days a week.

emily: you interview everyone from brian chesky at kpmg for some surprising guests like president obamad. the subtitle of the book is in fact "surprising truths from the roads successful entrepreneurs." if you could pick one thing, which one of those truths surprised you most? reid: i think the thing that probably most surprised me is the rules around entrepreneurship aren't just these silicon valley lessons i have learned, but applied more broadly. it is talking to people outside my network. tyra banks and how she made herself an enormous the successful supermodel, was approaching it like an entrepreneur. franklin leonard, creating the blacklist. a-rod. all these folks, what you discover is that these principles of entrepreneurship aren't just technology -- technology companies aren't just the people who go, i am going to start a company, but how you are thinking about creating something from nothing and that from something to this huge scale. emily: elon musk has said entrepreneurship feels like swallowing glass and staring into the abyss of death. do you think anyone can be an entrep

. >> that's incredible i have to tell you that brian chesky is saying that business is going great gunsthe billionth reservation now. $9,000 additional revenue for people otherwise on a fixed income it's a remarkable story and i'm glad he flew in to talk abou it frankly it's a story about empowerment. you got a place? get a little extra money it works >> all right we got to take -- squeeze in a quick break before we get to an opening bell and have some news as well after the break. you can catch us any time, anywhere, by the way, if you want to, listen to and follow the "squawk on the street" opening bell podstca we're back in just a couple of minutes. ♪♪ energy is everywhere... even in a little seedling. which, when turned into fuel, can help power a plane. at chevron's el segundo refinery, we're looking to turn plant-based oil into renewable gasoline, jet and diesel fuels. our planet offers countless sources of energy. but it's only human to find the ones that could power a better future. we see access to fresh food being the global norm, not the exception. at emerson, our cold chain

ceo brian chesky will be my guest. disney shares sink the most since may as bob joe beck gave investors some unsettling guidance during an event for goldman sachs. and they were event for netflix. the company on the verge of making one of its biggest deals ever to buy the catalog of british novelist roald dahl. and how covert is changing the future of tech investing. i'm speaking with the revolution ceo about how it a vision is moving to middle america and beyond. all that ahead but i want to take a look at the markets with kriti gupta in new york. we saw a lot of movement in the last few minutes of trade. what was happening? >> we came into today with a pretty strong bounce in futures. a lot of green on the screen. it kind of faded to a point where we ended flat on the day. a lot of people were saying go going to have the by the debt mentality show up in here is where you sell the tug-of-war between the bulls and the bears. the bulls wanting to buy the dip and continue the recovery trade. the bears sang the selling, t

we're going to have much more on the reopening of international travel tomorrow, when airbnb ceo brian chesky joins us right here on the "clayman countdown", in studio boy am i glad to say that the dow jones industrials off the lows of the session we're down 891 points, again, airlines are struggling at least domestic ally, but not so for the european ones, dow jones industrials is struggling though at 33, 694. we're going to be right back don't go away. as someone who resembles someone else... i appreciate that liberty mutual knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. [ nautical horn blows ] i mean just because you look like someone else doesn't mean you eat off the floor, or yell at the vacuum, or need flea medication. oh, yeah. that's the spot. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ (vo) this is more than glass and steel... and stone. it's awe. beauty. the measure of progress. it's where people meet people. where cultures and bonds are made between us. where we create things together. open each other

it comes as airbnb's ceo brian chesky is betting on what he calls a travel revolution, that sees thete him, bigger than ever. but at a time when the u.s. is still averaging close to 150,000 new covid cases, nearly 2,000 deaths a day, what makes him so confident? h he's outfront now. your words, travel revolution and you think the industry will come back bigger than ever. >> absolutely. >> some people look at this and say things have fundamentally changed and the way people view travel has changed. what are you seeing that makes you so optimistic? >> they're right. everything has changed. the world is never going back to the way it was in 2019. before the pandemic, we used to live in one place, our house, work in another place, our office. now all three places are in the same place and they can be anywhere we want to be. so long as employers allow people to live a hybrid life, where we don't have to come back to work five days a week, what it means is millions of people are more flexible about where they can go, when they can go. this is going to open up a huge amount of flexibility a

i know you disagree with comments from airbnb ceo brian chesky made earlier this week on saying that changed and that more and more americans will long to increasingly work from remote destinations where they are seeing an uptick in extended stay bookings. what are you seeing? >> their data is their data and we've all seen that same trend, but i think most businesses, many businesses, are not fully back to the office, many people, because of delta, have delayed return to office, and many planned business travel was delayed because of delta i think we're seeing that trend extend a little bit, but i was with the ceo of a major u.s. bank in new york this week and he told a great story about how his team had gone out where other teams have stayed home and zoomed and they won the business and it was a great piece of business and i think that trend will continue. we will see it be a competitive market where people have to travel for business and create relationships and get out there. i think there will somebody changes, maybe internal corporate travel and other areas, of course brian's co

special announcement by brian chesky, he has something to talk about, about landmark number of peoplehot stock beauty health this is a company chaired by brent saunders. our old friend from allergen >> beauty has been a topic of discussion we look forward to tonight. >> indeed. fun show. >> "mad money," 6:00 p.m. eastern time as you can see dow down as400 we monitor this sell-off worst of the month we are back in a moment. what ma. whether it's ensuring food arrives as fresh as when it departs. being first on the scene, when every second counts. or teaching biology without a lab. we are the leader in 5g. #1 in customer satisfaction. and a partner who includes 5g in every plan, so you get it all. without trade-offs. unconventional thinking. it's better for business. we see increased efficiency connected to more comfortable homes. emerson's energy star™ certified sensi™ smart thermostat uses geofencing to simplify how homeowners manage comfort and costs. emerson. consider it solved. >>> good monday morning. welcome to another hour of "squawk on the street. i'm carl quintanilla with morg