Airbnb’s mixed Q3 results: Nights booked soar but profit falls short
In addition, Airbnb reported a ten per cent YoY increase in Q3 revenue to $3.7 billion, up from $3.4 billion a year ago. The company has attributed this to “solid growth in nights stayed and a modest increase in average daily rates [ADRs]”, helping it to narrowly beat analyst estimates on Thursday.