Tourism: Airbnb benefits from pent-up travel mood

The Airbnb accommodation platform is benefiting from the pent-up desire to travel after more than two years of the corona pandemic.

Tourism: Airbnb benefits from pent-up travel mood

The Airbnb accommodation platform is benefiting from the pent-up desire to travel after more than two years of the corona pandemic. In the last quarter, sales rose 58 percent year-on-year to $2.1 billion.

Revenues were also 73 percent higher than in the second quarter of 2019 before the pandemic, the San Francisco-based company said on Tuesday. Overall, Airbnb posted a profit of $379 million, down from a loss of $68 million a year earlier.

The platform is in the middle of a strong summer business, emphasized co-founder and boss Brian Chesky. You can see a pent-up mood to travel all over the world. The growth is particularly strong in cities. The total number of accommodations on the platform remained at the level of the first quarter at six million. However, Airbnb had recently stopped doing business within China.

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