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https://www.wsj.com/articles/airbnb-books-record-revenue-as-travel-demand-remains-strong-11667333226
Home-sharing company logged longer stays in the third quarter despite inflation challenges
Airbnb Inc. posted its most profitable quarter to date, with record revenue bolstering the case that travel demand remains strong despite continuing challenges from rampant inflation.
The home-sharing company said its results were driven by higher bookings in cities, stronger cross-border travel and longer stays. Airbnb said booked third-quarter nights and experiences, or activities reserved through the platform, were its highest ever, with a 25% increase.
