Apartment for rent: Airbnb announced an all-time revenue record

by time news

The resort corporation recorded record revenues of $2.9 billion in the third quarter of 2022. In contrast, last year, when the corona epidemic still caused more falls to the hospitality sector, the net profit was 29% lower.

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The third quarter was our largest and most profitable quarter ever despite the geopolitical and macroeconomic headwinds,” Airbnb founder and CEO Brian Chesky said in the report. “The third quarter of 2022 demonstrates that we continue to drive growth and profitability at scale. Demand for Airbnb guests remains strong, our host community continues to grow, and this was our most profitable quarter ever.”

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