Travelers spent $21.2B booking through Airbnb last quarter

The leading short-term rental platform told investors that its share of revenue grew by 11 percent to $2.75 billion in the second quarter of this year. Travelers made 125.1 million total bookings in three months. Continue reading

Airbnb continues growth as Q1 profit more than doubles to $264M

Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse. Continue reading

Airbnb profit jumps 72% as more homes are rented out short term

Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading

Airbnb posts first profitable Q1 as revenue climbs to $1.8B

The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18 percent from last year, according to earnings data released Tuesday. Continue reading

Airbnb notches first profitable full year as demand surges, rates fall

The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon. Continue reading

Airbnb pledges to make prices more transparent following strong Q3

High average daily rates helped spike Airbnb profits during the third quarter. But the company is preparing to roll out changes to make its prices clear, add competition among hosts. Continue reading

Airbnb declares ‘new world of travel’ as bookings surge in Q1 earnings

The short-term rental platform posted a $19 million net loss for the first quarter of 2022, a significant improvement over the same period last year, according to earnings released Tuesday. Continue reading