Airbnb recorded its most profitable quarter ever, with a net income of $1.2 billion, up 46% year-over-year!
Airbnb’s revenue grew by 30%, at $2.9 billion in the last quarter, compared to $2.2 billion in the previous year’s period.
In Q3 2022, Airbnb had nearly 100 million Nights and Experiences Booked, up 25% year-over-year, and $15.6 billion in Gross Booking Value, up 31% year-over-year.
Some key highlights for this quarter:
- Guest demand on Airbnb remains strong: Nights and Experiences Booked increased 25% in Q3 2022 compared to a year ago.
- Guests are increasingly returning to cities and crossing borders: high-density urban nights booked grew 27% compared to Q3 2021.
- Guests continue to stay longer on Airbnb: nights booked from long-term stays remained stable from a year ago at 20% of total gross nights booked.
- Host community continues to grow, driven by strong demand on Airbnb!
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