More of those people are booking international stays. In a letter to shareholders, Airbnb said its revenue and the gross value of bookings are both double what they were before the pandemic.Īirbnb is getting a lift from people who are traveling while they take advantage of the ability to work remotely and stay away from the office. That was below analysts' average prediction of $2.42 billion. The company predicted that revenue in the second quarter, which includes the start of the peak summer travel season, would be around $2.40 billion. The company said bookings will grow more slowly than revenue in the April-through-June period, and the average daily rental rate will be “slightly lower” than a year earlier. User created guides / "so you want to go.However, Airbnb said second-quarter bookings growth won't look as robust as they did a year earlier, when consumers were busy booking travel after hunkering down at home during the outbreak of COVID-19's omicron variant.View News / Articles Hide News / Articles Where to Go / What to Do It's rude to the people that responded and makes it hard for other people with similar questions to find your post. Example of an excellent postĭo not delete posts after receiving substantive responses.
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