NEW YORK:
Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.
Users spent nearly US$12 billion on overnight stays and associated “experiences” through Airbnb, up significantly from the same period a year ago as well as from the same quarter in 2019 before the pandemic stalled the travel industry.
“Something bigger than a travel rebound is happening,” Airbnb said in a letter to shareholders.
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