Airbnb has accumulated an increase of around 60% since the beginning of 2023, although its shares are still a long way from where they were a year ago, when it suffered significant losses that accumulated in the first half of 2022.
Last year, the San Francisco, United States-based company closed its first full year in profit thanks to the recovery of the demand for international travel and the growth of its offer, as announced this Tuesday after the stock market close.
Airbnb had annual revenues of US$8,399 million, 40% higher than in 2021 – the year in which it had net losses of US$352 million – and registered growth in all the regions in which it operates.
The fourth quarter of last year was the best in the history of Airbnb -created in 2008- with records both in profit, US$319 million, some 6 times more than in that section of 2021, and in turnover US$1,902 million, 24% more year-on-year.
Airbnb attributed the supply growth to the appeal of extra money for hosts in “times of inflation and recession fears,” as well as greater facilities to advertise your accommodation on the platform.
Airbnb’s forecasts for 2023 are positive, already seeing “solid demand in the first quarter, indicating that consumer confidence for travel remains high,” the company said in a statement.
Source: Ambito
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