Airbnb teams up with the IOC to provide Games accommodation

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Airbnb teams up with the IOC to provide Games accommodation
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Airbnb and the International Olympic Committee partner on a nine-year deal to create new standard for hosting athletes, spectators and fans at Olympics

The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019.

Airbnb said the partnership with the International Olympic Committee would cover five Olympics and Paralympics over the next nine years. Financial details of the partnership were not disclosed. IOC President Thomas Bach said that the partnership would not replace the traditional Olympic village where athletes stay but would be based on a guarantee of accommodation for visitors, families of athletes, and officials, and would reduce the need to build new hotels.

"There, this partnership will greatly help, because it will provide accommodation that will reduce the costs for the Olympic Games organisers and all the stakeholders."

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