Home sharing platform Airbnb reported its 2021 second quarter financial results on Thursday.
In the second quarter, the company’s revenue increased 300% year-on-year to $1.3 Billion. The increase was 10% compared to 2019.
Airbnb’s latest results improved significantly, as the increase in vaccination and the easing of restrictions have increased demand for travel. The company received 83.1 million nightly bookings during this period.
Airbnb still announced a loss of $ 68 million for the second quarter, an improvement of $507 million compared to Q2 2020 and $229 million compared to Q2 2019.
Airbnb Co-Founder and CEO Brian Chesky said:
“We’re proud of our strong results this quarter, which again surpassed 2019 revenue levels. Travel is different than before, and because of our adaptable business model and continued product innovation to meet the changing needs of our guests, Airbnb is leading the travel rebound.”
This post was published on 14 August 2021 2:42 pm