Airbnb can breathe a sigh of relief: Although the apartment broker suffered during the corona pandemic, the number of bookings is now increasing again – and with it sales.
The apartment broker Airbnb is doing better again after the business slump in the Corona crisis.
In the second quarter, sales rose by almost 300 percent year-on-year to $ 1.3 billion, as the company announced after the US stock market closed in San Francisco. After the pandemic paralyzed business a year ago, bookings have now more than quadrupled to 13.4 billion.
Although Airbnb was still in the red, it was able to reduce its net loss from $ 576 million to $ 68 million. In view of the latest corona wave caused by the particularly contagious Delta variant, however, the group warned of new burdens and possible setbacks for the tourism industry. That was not well received by investors – although the quarterly figures exceeded market expectations, the share initially plummeted by around four percent after the trading hours.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
