![]() “More guests are traveling on Airbnb than ever before,” CEO Brian Chesky said on a call with analysts Tuesday. The company said nights and experiences booked on the platform hit a record high of over 120 million last quarter. ![]() The company reported revenue for the quarter grew 20% to $1.8 billion, just beating Wall Street’s estimates. Shares of Airbnb fell more than 10% in trading Wednesday after the travel company offered a more muted outlook for the current quarter than some analysts had expected.Īirbnb 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. ![]()
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