Airbnb sales beat estimates, showing demand amid covid surge


  • TECH
  • Friday, 26 Feb 2021

AirBnB sales beat estimates even during the pandemic, and expects a rebound in travel this year as Covid-19 vaccines are rolled out. — REUTERS

Airbnb Inc. reported quarterly revenue that blitzed analysts’ estimates, benefiting as travelers chose vacation rentals during a holiday season marred by rising Covid-19 cases.

The company didn’t give a financial forecast and it was cautious about 2021, keeping a lid on share gains in extended trading.

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