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Airbnb first quarter 2021 financial results share this article 1 min Today we are issuing Airbnb’s first quarter 2021 financial results. You can read the details here. Airbnb Co-Founder and CEO Brian Chesky said: Advertisements “We are proud of our strong results. We surpassed 2019 revenue levels even though urban travel and cross-border travel, two of our strongest segments historically, have not yet recovered. “We expect a travel rebound unlike anything we have seen before. Travel is coming back and Airbnb is ready.” Q1 2021 financial results With the rollout of vaccines and the easing of some travel restrictions, our business significantly improved in Q1 2021 compared with the same period a year ago. People’s desire to travel, combined with our tightly managed expenses, drove a return to positive topline growth with materially improved Adjusted EBITDA. Here is a snapshot of our Q1 2021 financial performance: ....
Inman Connect Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second-home markets soaring. What does the future hold for new second-homeowners and for managers of more robust property portfolios? We’ll explore that and more, all May long, at Inman. The short-term rental industry is poised for a record-breaking summer. But industry giant Airbnb is still working to recover from a downturn in demand as a result of the pandemic. The company reported a $1 billion net loss for the first quarter of 2021, according to a report released by the company on Thursday. Airbnb’s Q4 2020 earnings report revealed a net loss of $3.9 billion at that time. ....