Can Airbnb Outperform a Potential Recession? | WSJ – Wall Street Journal

Can Airbnb Outperform a Potential Recession? | WSJThe Wall Street Journal

Airbnb Swings to Profit as Rentals Remain Strong Despite Inflation Pressure

Updated Aug. 2, 2022 6:21 pm ET List two articles (2 minutes) Airbnb swung to a profit in the second quarter on the back of strong revenue, as people continued to book suburban rentals despite hosts raising prices. But the company issued a weaker-than-expected outlook that overshadowed otherwise strong results. Its stock retreated over 9% … Read more