Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book suburban rentals despite hosts raising prices.The San Francisco company posted $1.5 billion in revenue in the three months through March. Analysts polled by FactSet on average had predicted $1.45 billion in revenue.
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnbsaid it expects to post its first full-year net profit this year…