Shank noted that his team is building out the hotel category on Airbnb for the San Francisco-based company, which purchased HotelTonight, an app that popularized the last-minute booking trend, in March.

While Airbnb was built for homes, it began venturing further into hotels by adding boutique listings more than two years ago. “We’re very excited about the progress,” Shank said, as he promised, “more to come.” He noted the challenge of being “supplier friendly” and of delivering incremental revenue for the hotels that use the Airbnb platform.