Airbnb shows resilience despite Omicron wave

More bookings: The Airbnb site is displayed on a laptop. Business has boomed for the online lodging player as workers can now work from anywhere. — Bloomberg

NEW YORK: Airbnb Inc beat revenue and profit estimates in the fourth quarter, bucking a resurgent wave of Covid-19 infections and heading into this year even stronger than before the pandemic. The shares jumped in extended trading.

Revenue grew 78% to US$1.53bil (RM6.41bil), Airbnb said in a statement. That beat analysts’ projections for US$1.46bil (RM6.11bil).