SAN FRANCISCO: Bookings on Airbnb hit a new high in this year’s first quarter, the home rental platform reported Tuesday, in a fresh signal that travel demand stifled by the Covid-19 pandemic is being unleashed.
Despite the Omicron surge and a persistent level of infections, Airbnb bookings for lodging and travel “experiences” topped 102 million in the first three months of this year, setting a new quarterly record, the company said in an earnings release.
“Guests are booking more than ever before,” Airbnb told shareholders in a letter.
“Looking ahead, we see strong sustained pent-up demand.”
The company’s stock…