How Markets Learned the Language of Airbnb CEO Brian Chesky
Airbnb Inc. gained a substantial 6% in extended trading and surpassed Wall Street's average estimates as per the company's current quarter report. This gain has become possible due to a surge in travel bookings that have faced enormous restrictions in the past two years. The revenue of Q2 is estimated at $2.03B to $2.13B, which exceeds an average prediction of $1.97B. As per reports, Airbnb's revenue in the past quarter has been a great one that helped the brand recover the net loss resulting from the pandemic as people decided to stay indoors.
According to the CEO of Airbnb, Brian Chesky, this year will help rebound the losses incurred due to the pandemic. He is particularly hopeful about the ease of travel ensured in North America as it will help compound the growth as the brand ...