(CercleFinance.com) – Airbnb published on Wednesday evening a net profit of 264 million dollars for the first three months of 2024, up 126% year-on-year, as well as an adjusted EBITDA of 424 million, i.e. a margin improving by six points to 20%.
The short-term rental platform saw its revenue increase 18% to $2.1 billion, with solid growth in nights and experiences booked, a modest increase in average daily rate and a calendar effect linked to Easter.
“We had the best first quarter in our history, with 133 million room nights and experiences booked, as well as double-digit growth in supply in all regions,” said co-founder and CEO Brian Chesky. .
Airbnb says it expects another record summer season, pointing in particular to strong bookings for events like the European Football Cup in Germany and the Summer Olympics in Paris.
Copyright © 2024 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends using the buttons below.
