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Airbnb, Inc. (ABNB) Q1 2021 Earnings Call Transcript

Airbnb, Inc. (ABNB) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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Airbnb, Inc. (NASDAQ: ABNB)
Good afternoon, and thank you for joining Airbnb s earnings conference call for the first quarter of 2021. As a reminder, this conference call is being recorded and will be available for replay from the investor relations section of Airbnb s website following this call. I will now hand the call over to Ian Lee, Airbnb s head of investor relations. Please go ahead.
Ian Lee
Head of Investor Relations
Good afternoon and welcome to Airbnb s first quarter of 2021 earnings call. Thank you for joining us today. On the call today, we have Airbnb s co-founder and CEO, Brian Chesky; and our chief financial officer, Dave Stephenson. Earlier today, we issued a shareholder letter with our financial results and commentary for our first quarter of 2021. ....

New York , United States , France General , San Francisco , Naved Khan Truist , James Lee Mizuho , Justin Patterson , David Gardner , Justin Patterson Keybanc , Deepak Mathivanan , Tom White , Colin Sebastian Baird , Jed Kelly , Los Angeles , Brian Chesky , Lloyd Walmsley , Mario Lu , Brent Thill , Mario Lu Barclays , Mark Mahaney Evercore , Brent Thill Jefferies , America Merrill Lynch , Brian Fitzgerald , Mark Mahaney , James Lee , Brian Nowak Morgan Stanley ,

Airbnb, Inc. (ABNB) Q1 2021 Earnings Call Transcript

Airbnb, Inc. (ABNB) Q1 2021 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

New York , United States , France General , San Francisco , James Lee Mizuho , Naved Khan Truist , Justin Patterson , Justin Patterson Keybanc , Colin Sebastian Baird , Jed Kelly , Los Angeles , Brian Chesky , Mario Lu , Lloyd Walmsley , Brent Thill , Mark Mahaney Evercore , Brent Thill Jefferies , Mario Lu Barclays , America Merrill Lynch , Mark Mahaney , James Lee , Brian Nowak Morgan Stanley , Dave Stephenson , Naved Khan , Ian Lee , Brian Nowak ,

Attack GM satisfied with eighth-overall pick in upcoming OHL draft

Author of the article: Greg Cowan
Publishing date: May 11, 2021 • 1 day ago • 4 minute read •
The Owen Sound Attack will select eighth overall in the 2021 OHL draft thanks to a randomly generated number spit out by a computer in the league s first-ever draft lottery Wednesday night. The Attack have had success at the eight spot. Current Attack assistant coach Joey Hishon was selected eighth overall in 2007. Photo by James Masters /The Sun Times
Article content
The Ontario Hockey League’s first-ever draft lottery went pretty well for the Owen Sound Attack.
A random computer-generated draw selected the Attack to pick eighth overall in the upcoming OHL Priority Selection, the first three rounds of which will take place June 4, with Rounds 4 to 15 following the next day. ....

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Police step up patrols to combat New Waltham anti-social gangs

Police step up patrols to combat New Waltham anti-social gangs
Problems have escalated in the last week as teenagers have damaged the Pavilion, disrupted football matches and terrorised the village
06:00, 24 APR 2021
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Police have condemned anti-social behaviour by New Waltham teenagers who have wreaked havoc in the village for the last two weeks.
More officers will be in present from this weekend to combat any damage or disruption.
There have been reports of up to 60 youths causing problems around the Pavilion, including drug-taking, underage drinking, fires, fights and graffiti.
A 24-hour dispersal order was issued by Humberside Police yesterday to try and bring the issues to an end after a fight broke out. ....

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Airbnb Has Cut its Performance Marketing Spend - a Big Mistake?

After a tough year for the travel industry, the home-renting company has made the decision to focus budgets on different areas within marketing.
With recent developments in the various COVID-19 vaccinations, it seems the travel industry is getting its plans in order for what should be, coronavirus permitting, a huge increase in revenue.
What led Airbnb to make the decision?
Brian Chesky, co-founder and CEO of Airbnb said: “We are never going to go back to spending the same amount of money on marketing as a percentage of revenue as we did in 2019.”
Obviously thinking about the future, the company has decided to take its focus away from data-driven marketing. However, in the more distant future, how will this decision take effect? ....

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