Airbnb Disputes ‘Collapse’ in Host Revenue, Sees Strong Demand
- Tweet suggests supply in some cities far outstrips demand
- Airbnb has seen an increase in active listings every quarter
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Airbnb Inc. said demand for short-term rentals is strong, rejecting data presented in a viral tweet that suggested revenue for property owners in some US cities was down nearly 50%.
“The data is not consistent with our own data,” said Sam Randall, an Airbnb spokesperson, in response to a Twitter thread that contained data the author said was from short-term rental analytics site AllTheRooms. “As we said during our first-quarter earnings, more guests are traveling on Airbnb than ever before, with nights and experiences booked growing 19% in the first quarter of 2023 compared to a year ago.”