“This is the beginning of Airbnb becoming integrated into your daily life,” Chesky tells me. “This is not just a new way to travel but it is a new way to live, in some ways.” The new venture will be called Trips, but he said that he hopes that one day the company will lose that distinction and all the products and services it offers on its platform will become known simply as Airbnb. Renting homes, he says, might ultimately represent less than half of the company’s revenue.

