Airbnb snagged record sales and earnings in its third quarter, beating analyst forecasts and signalling the domestic holiday boom seen in several countries amid pandemic restrictions.
Revenue surged 67 per cent to $2.2bn, climbing past analyst estimates of $2.07bn, according to Bloomberg.
The holiday rental platform secured $834m in net income in the period, soaring well past Wall Street expectations of $456.2m.
CEO Brian Chesky said that he suspects that the current travel trends are here to stay, as people “can now work from anywhere, travel any time and stay longer”.
“For those who can work remotely, we believe that flexibility will be the most important benefit after compensation.”
The company said it expects its final quarter revenue to be somewhere in the realms of $1.39bn and $1.48bn – with analysts eyeing up a figure of $1.43bn.