Source: Phocuswire

Just one day after Airbnb announced it is laying off a quarter of its staff and cutting back investments outside of its core business, one of the company's strategic advisors shared his advice for startups navigating the COVID-19 crisis.

Chip Conley was head of global hospitality and strategy at Airbnb from 2013 until 2017 when he transitioned into an advisory role. He's also the founder of Joie de Vivre Hospitality, the second largest operator of boutique hotels in the United States, and in 2018 he founded Modern Elder Academy, which he describes as a "mid-life wisdom school."

On Wednesday, Conley gave the keynote address for Plug and Play Tech Center's online Spring Summit for its Travel and Hospitality program. Conley drew from his more than 30 years of experience in hospitality to share advice for startup founders - including examples from his Airbnb experience - and thoughts about the future of the travel industry. Below are his remarks, edited slightly for length.

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