Airbnb sees strong first-quarter revenue on travel demand, longer stays

A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle LurieRegister now for FREE unlimited access to Reuters.comRegisterFeb 15 (Reuters) – Airbnb Inc (ABNB.O) forecast on Tuesday a better-than-expected first-quarter revenue after the short-term home rental company reported strong quarterly results on rising domestic travel and longer stays by guests at higher prices.While the San Francisco-based company was initially hit by the pandemic, its business rebounded as people took trips closer to home where they stayed for longer to work remotely. The trend has …
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