Airbnb beats on top and bottom lines for second quarter
203d ago
Business
CNBC

Airbnb reported strong second-quarter results, exceeding expectations for both revenue and earnings. Revenue increased by 13% compared to the same period last year, driven by continued growth in nights and experiences booked. The company's performance reflects the ongoing recovery in travel demand and the increasing popularity of alternative accommodations. Airbnb's management highlighted the company's resilient business model and its ability to adapt to changing travel patterns. The positive results signal a strong outlook for the remainder of the year.