The IOC offers the following Video News Release to all news agencies, broadcasters and online news platforms free of charge. Airbnb has signed a nine year partnership agreement with the International Olympic Committee for the next five Olympic Games. Airbnb will provide travel options that are economically empowering, socially inclusive and environmentally sustainable, in line with the objectives of the Olympic movement.  The agreement includes accommodation provisions that will reduce costs for Olympic Games organisers and stakeholders, minimise the need for construction of new accommodation infrastructure for the Olympic Games period, and generate direct revenue for local hosts and communities. IOC President Thomas Bach said: “This innovative partnership underpins our strategy to ensure that the efficient staging of the Olympic Games is sustainable and leaves a legacy for the host community.” Airbnb Co-Founder Joe Gebbia said: “Airbnb and the IOC have a strong track record in creating and accommodating the world’s greatest events. Our Olympic partnership will ensure that the Games are the most inclusive, accessible and sustainable yet.”