Finally going on vacation again: Because traveling was not possible for a long time due to the pandemic, people around the world are now drawn to Airbnbs. All in all, a pretty good summer for the group.
The Airbnb accommodation platform is benefiting from the pent-up desire to travel after more than two years of the corona pandemic. In the last quarter, sales rose 58 percent year-on-year to $2.1 billion.
Revenues were also 73 percent higher than in the second quarter of 2019 before the pandemic, the San Francisco-based company said on Tuesday. Overall, Airbnb posted a profit of $379 million, down from a loss of $68 million a year earlier.
The platform is in the middle of a strong summer business, emphasized co-founder and boss Brian Chesky. You can see a pent-up mood to travel all over the world. The growth is particularly strong in cities. The total number of accommodations on the platform remained at the level of the first quarter at six million. However, Airbnb had recently stopped doing business within China.
Source: Stern
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.