Airbnb Sees 55% of Gross Nights Booked Through Its App
ABNBAirbnb(ABNB) PYMNTS·2024-02-14 08:24

The great travel snapback continues, through digital channels, matching supply and demand for places to stay when getting away from it all. Airbnb noted in its results that the fourth quarter saw 98.8 million nights and experiences booked, up 12% from a year ago. As many as 55% of the company’s gross nights were booked through the app, up from 50% last year. Average daily rates increased by 3% to $157 in the December quarter as measured from a year ago. At year end there were 7.7 million active listings, up ...