"We spent 12 years building Airbnb's business and lost almost all of it in the matter of four to six weeks."
A scary admission from Airbnb co-founder and CEO Brian Chesky in an interview this week with CNBC.
But his reflection on how bad things got in March for Airbnb ("travel as we knew it, is over - and it's never coming back") is countered by how the business is looking to capture the market in the months ahead.
This, Chesky believes, will be centered on how local destinations come into play for travelers in the short to medium term, plus changes to how people work from home - or from any home, as he puts it.
Also, Airbnb is still not ruling out listing on the public markets in 2020 but needs the industry to "recover a bit" so that the company can weigh its options.
Check out the full interview here:
Airbnb CEO Brian Chesky on the future of travel and business outlook