News Formal

Airbnb sees record bookings despite recession fears | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Airbnb on Tuesday reported strong revenue growth and a new record for bookings during the first three months of the year, in a sign that demand for travel remains strong despite lingering recession fears.

The company reported revenue for the quarter grew 20% to $1.8 billion, just beating Wall Street’s estimates. The company said nights and experiences booked on the platform hit a record high of over 120 million last quarter. “More guests are traveling on Airbnb than ever before,” CEO Brian Chesky said on a call with analysts Tuesday. “We’ve seen our highest number of active bookers ever, despite continued macroeconomic uncertainties.

” Airbnb also reported net income of some $117 million, compared to a net loss in the same period last year. “We are now twice the size as we were before the pandemic on both a GBV [gross booking value] and revenue basis,” the company said in its letter to shareholders Tuesday. Despite the rosy earnings report, shares for Airbnb slid as much as 10% in after-hours trading Tuesday after the company reported a weaker outlook for the current quarter than some analysts had expected.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Treasury Secretary Yellen calls CEOs and business leaders with warning on debt limit | CNN BusinessUS Treasury Secretary Janet Yellen has been calling CEOs and business leaders to discuss the consequences of brinkmanship around the debt ceiling, according to a source familiar with the matter.
Fuente: CNN - 🏆 4. / 95 Leer más »

Chinese automaker BYD to make EVs in Vietnam | CNN BusinessChinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company's chair.
Fuente: cnni - 🏆 326. / 59 Leer más »

Fewer Brits tuned in for King Charles' coronation than the Queen's funeral | CNN BusinessMore than 20 million people in the United Kingdom tuned in to watch King Charles III's coronation on Saturday, but the ceremony attracted far fewer British viewers than his mother's funeral last year.
Fuente: CNN - 🏆 4. / 95 Leer más »