Airbnb had nearly 100M bookings in 3Q2022
On Tuesday Airbnb CEO Brian Chesky reported that his company had its "most profitable quarter ever" in 3Q2022.
Numbers:
- Nearly 100M nights booked, up 25% yoy
- $15.6B in gross bookings, up 31%
- Revenue of $2.9B, up 29%
- Net income of $1.2B, up 46%
Factors Chesky credits for these improvements include:
- New offerings of long-term and non-urban stays kept guest demand strong.
- Recovery of urban and international travel from pandemic conditions
- Growth in host numbers due in part to new hosting features
