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IOC announces deal with Airbnb to add housing for future Olympics

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The International Olympic Committee has moved to help with the scramble to house the influx of athletes, staff and spectators with each Olympics, making a deal with online housing broker Airbnb to add accommodations for the Games through 2028.

“The agreement includes accommodation provisions that will reduce costs for Olympic Games organizers and stakeholders, minimize the need for construction of new accommodation infrastructure for the Olympic Games period, and generate direct revenue for local hosts and communities,” the IOC announced.

Airbnb’s partnership also includes accommodation for disability athletes for the Paralympic Games, and the company will join large global companies such as Coca-Cola, Visa and Panasonic as worldwide Olympic partners.

Athletes also will have a chance to make money by hosting travelers.

“As an Olympian host, you can create and lead an experience inspired by your expertise and interests,” reads an explanation on the Olympic athlete support portal Athlete365.

Outside the Olympics and Olympic athlete experiences, the IOC and Airbnb are pledging to work together on long-term support to refugees.

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