Airbnb Revenue Climbs on Record Nightly Bookings, Higher Prices

The home-sharing giant said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book rentals despite hosts raising prices.

The home-sharing giant said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book rentals despite hosts raising prices.

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