Airbnb Reports Revenue Growth Amid Strategic Expansion Plans

Airbnb's third-quarter earnings reveal strong international growth and plans to diversify beyond short-term rentals in 2025.

Airbnb's third-quarter revenue increased by 10% to $3.73 billion, slightly surpassing analyst expectations.
The company reported 122.8 million nights and experiences booked, marking an 8% increase from the previous year.
Significant growth was noted in Asia-Pacific and Latin American markets, with bookings rising 19% and 15% respectively.
Airbnb introduced a co-host program to attract more hosts by reducing the management burden of property listings.
An AI chat assistant is being developed to enhance customer service by managing bookings and handling queries.