The vacation rental booking platform has published its financial results corresponding to the second quarter.
Between April and June 2021, Airbnb posted 83.1 million reservations for nights and activities (-1% versus the second quarter of 2019). The corresponding business volume reached 13.4 billion dollars, which represents a jump of 37% compared to the same period in 2019. And even 320% compared to April-June 2020, a quarter hit hard by the health crisis.
In the second quarter of 2021, Airbnb’s quarterly revenues reached $1.3 billion, an increase of 10% compared to 2019.
The group also reports an adjusted Ebitda of $217 million, but it remains in deficit: the net loss stands at $68 million, against $297 million two years earlier.
Concerns Ahead
The group welcomes the rebound in travel in the spring of 2021, with the ramping up of vaccination and the easing of restrictions.
“Customers in countries with high vaccination rates, including the United States and parts of Europe, are driving the resumption of travel,” he said in a letter to shareholders.
However, for the current quarter, Airbnb anticipates a slowdown in bookings due to the spread of the Delta variant. A concern shared by many travel companies, in the United States and in France.
