<p>Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.</p>.<p>Users spent nearly $12 billion on overnight stays and associated "experiences" through Airbnb, up significantly from the same period a year ago as well as from the same quarter in 2019 before the pandemic stalled the travel industry.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/pandemic-tames-airbnb-in-europes-tourist-hotspots-for-now-959655.html" target="_blank">Pandemic tames Airbnb in Europe's tourist hotspots, for now</a></strong></p>.<p>"Something bigger than a travel rebound is happening," Airbnb said in a letter to shareholders.</p>.<p>"The world is undergoing a revolution in how we live and work."</p>.<p>Remote work has freed people to work anywhere, including Airbnb lodgings at desirable destinations, according to the San Francisco-based company.</p>.<p>"This newfound flexibility is bringing about a revolution in how we travel," Airbnb said in the letter.</p>.<p>"Millions of people can now take more frequent trips, take longer trips, travel to more locations, and even live anywhere on Airbnb."</p>.<p>Airbnb reported a record-high quarterly profit of $834 million on unprecedented revenue of $2.2 billion.</p>.<p>Airbnb said user trends included people booking lodging closer to home and opting for more rural locations over typically popular cities.</p>.<p>Long-term stays have also become more popular, with bookings for 28 consecutive nights or more a fast growing category, according to Airbnb.</p>.<p>"Long-term stays represent a broad set of use cases including extended leisure travel, relocation, temporary housing, student housing, and many others," the company said in the letter.</p>.<p>Airbnb also reported seeing strong growth in the number of people interested in offering their homes on the platform.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.</p>.<p>Users spent nearly $12 billion on overnight stays and associated "experiences" through Airbnb, up significantly from the same period a year ago as well as from the same quarter in 2019 before the pandemic stalled the travel industry.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/pandemic-tames-airbnb-in-europes-tourist-hotspots-for-now-959655.html" target="_blank">Pandemic tames Airbnb in Europe's tourist hotspots, for now</a></strong></p>.<p>"Something bigger than a travel rebound is happening," Airbnb said in a letter to shareholders.</p>.<p>"The world is undergoing a revolution in how we live and work."</p>.<p>Remote work has freed people to work anywhere, including Airbnb lodgings at desirable destinations, according to the San Francisco-based company.</p>.<p>"This newfound flexibility is bringing about a revolution in how we travel," Airbnb said in the letter.</p>.<p>"Millions of people can now take more frequent trips, take longer trips, travel to more locations, and even live anywhere on Airbnb."</p>.<p>Airbnb reported a record-high quarterly profit of $834 million on unprecedented revenue of $2.2 billion.</p>.<p>Airbnb said user trends included people booking lodging closer to home and opting for more rural locations over typically popular cities.</p>.<p>Long-term stays have also become more popular, with bookings for 28 consecutive nights or more a fast growing category, according to Airbnb.</p>.<p>"Long-term stays represent a broad set of use cases including extended leisure travel, relocation, temporary housing, student housing, and many others," the company said in the letter.</p>.<p>Airbnb also reported seeing strong growth in the number of people interested in offering their homes on the platform.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>