"We are far bigger in Europe now than we are in the U.S.," he told CNBC in an interview Monday. "This concept has been growing faster there, actually over half of our business is now based in Europe."
Airbnb is a website that connects travelers to hosts who want to rent out rooms or entire homes. The rates are generally much cheaper than most local hotels. The San Francisco-based company was founded in 2008 and now has listings in 190 countries around the world.