Airbnb's revenue for the quarter rose 10% to $3.73 billion, slightly above analysts' expectations, showcasing steady financial performance despite initial slow bookings.
CEO Brian Chesky emphasized that the company is focusing on its co-host program to make hosting easier and attract more users to the platform.
Chesky also announced that Airbnb plans to expand beyond short-term rentals, revealing that a significant new business move will be unveiled in 2025.
During the earnings call, Chesky expressed that by connecting hosts needing support with individuals looking to host, they can better facilitate property management.
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