Millennials are more interested in "passion or experiential travel," which is why Airbnb's 'Experiences' service has grown by 2,500 percent since its launch in November, says Riccardo Ulivi, the division's head of North America. For the full interview, [click here](https://cheddar.com/videos/airbnbs-experiences-economy).

Share:
More In Business
Who Could Be The World's First Trillionaire?
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
Strong Job Market Fuels Higher Retail Sales
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
Load More