Yeah, and James why don’t I — why don’t I jump in and say this, one of the things that Dave just said, I want to put underline under — highlight. Before I turn it over to Brian, I’d like to remind everyone that we’ll be making forward-looking statements on this call that involve a number of risks and uncertainties. What we have is a full-funnel integrated approach to marketing. So the length of stay is going up. Airbnb has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 11th, 2021 based off prior year's report dates. Dave, I don't know any color you can add around the final unlock that comes over the next week of close to 500 million shares. Because one of the things we've seen is if you are more flexible about where you travel and when you travel, then what that kind of means for some people is the home becomes the destination, suddenly where you go is less important than the type of home you say in. Third, we are simplifying every part of the guest experience. Occupancy rates, we think, average on global level will go up as we get better at matching supply and demand. Here’s what here’s here’s what we’ve learned. Found insideNor is it about just having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies. So that’s a high level. Great, and then just one follow-up on domestic versus international. Let’s talk about travels and hotels. Our adjusted EBITDA loss was $59 million. What we think this means is that more people will be comfortable traveling. These items are also posted on the Investor Relations section of our Airbnb’s website. In markets where we’re running the campaign overall traffic is up, first-time bookers are up, traffic from prospective host is up and our brand favorability is up. Things seem to be rebounding in 2021, which has already seen 346 deals and $6.1 billion in . We’re also seeing that the nature of travel to cities is changing. So prior to kind of pandemic about 50% of our nights were actually for cross border nights and honestly with that not occurring. So let’s start with hosts and then we will get the guests. One of the things is we did travel surveys in the beginning of the year. So, you know, clearly, our unlock comes on Monday. And then, in terms of product development, obviously, Brian you are making some announcements soon but, but how do you think the pace of R&D or product development spend now the business appears to be returning to normal or whatever normal means now, is it perhaps time to look at reaccelerating hiring or what are your thoughts on that. Great and just one follow-up on domestic versus international. That benchmark began 2021 near 0.9% and recently traded near 1.68%, with a Q1 rise that was the largest for any quarter in five years. What Airbnb's Summer Boost Reveals About Covid-19 Recovery. Airbnb, Inc. (ABNB) Q1 2021 Earnings Call Transcript . "We expect revenue in Q2 2021 to be significantly higher than that of Q2 2020, given the impact of Covid- 19 on the prior year period, and to be at a similar level to that of Q2 2019," the company said. All right. Year-over-two-year revenue growth grew from 5% in Q1 2021 to 10% in . Maybe another way of saying it is maybe before the pandemic, people were booking studio apartments in cities. So we’re seeing a bit more return to normal the quite to historical normal rates. So we want to find some balance between modeling the live-anywhere lifestyle and allowing for in-person creative collaboration. People are discovering that they don't have to be tethered to one location to live and work. I think that trend, of course, will get normalized over some period of time when other geographies recover and urban recovers. The first one’s on listings counts. Why don't you take the question on new users, what are we seeing for new users from retention and booking? Great. The first one on the -- is on the 2020 new users that you added. We're highly confident in the rebound that it's going to be coming. Where do you see deficits? People's desire to travel, combined with our tightly managed expenses, drove a return to our positive top-line growth and materially improved adjusted EBITDA. When does Airbnb report earnings? What that basically means is a quarter of our business isn't travel, it's living. Airbnb has generated ($15.53) earnings per share over the last year. If you look at the concentration of our revenue, it is much more distributed than it was a couple of years ago. The second thing we’re seeing is length of stay is increasing. They probably wouldn't have expected that. EPS / Forecast. I know 90% are individual or even hotel supply? So we’re just seeing continued positive momentum. It’s a world where many people are also choosing the live anywhere. The average booking value per night looked really high in 1Q. I think that what you're seeing is still even more confidence in the U.S. And I'll just end by giving one more thought. Yeah. We’re reducing the number of steps to become host we’re making it even easier by providing more tools and support and we’re going to offer some better tools and services for hosts once they become host. Maybe another way of saying it is maybe before the pandemic, people were booking studio apartments in city. I mean people will, of course, travel for business again. Found insideBlending original reporting and never-before-published insider accounts with savvy industry analysis, Niedermeyer tells the story of Tesla as it's never been told before—with clear eyes, objectivity and insight. So this is what we're seeing. Thank you, Justin. Video streaming sites and gaming platforms have been experiencing unusually high traffic ever since the virus-related movement restrictions came into effect last year, but conventional players like Gamestop Corporation (NYSE: © 2020 AlphaStreet Inc. All Rights Reserved, Favorable legislation drives revenue growth: Accel Entertainment CEO Andy Rubenstein, Stable trends in at-home food consumption allows Kroger (KR) to boost full-year guidance. Just wondering if you can now provide some insights on that. Intellicheck, Inc. (NASDAQ:IDN) Q1 2021 Earnings Conference Call May 4, 2021 4:30 PM ET Company Participants. So travel is coming back and Airbnb is ready. And we expect travel to be very different than before. So we also think there's a really interesting flywheel where we can point demand where we have supply. I guess, you know, Brian, going back to business travel, I guess it's kind of like a two-part question. Dave Stephenson -- Chief Financial Officer. This transcript is produced by AlphaStreet, Inc. That trend has continued through the summer, and will likely remain to some degree as long as people can work remotely. And your next question comes from Brian Fitzgerald with Wells Fargo. And your next question comes from Colin Sebastian with Baird. Business Ethics is designed to meet the scope and sequence requirements of the single-semester business ethics course. And so I think you’re going to start to see longer stays. Got a confidential news tip? Now I’m going to briefly share how we’re executing against each of these areas. So what we’re seeing for new users it’s early, but all of the early data for the new users that we’ve acquired here during 2020 is that the retention is very consistent with what we had for users in 2019 and before. Just one for me, a follow-up on ADRs and specifically, your expectations for the second half. I mean in New York City, in Los Angeles, a number of these cities, you know, we almost have as many nights booked for stays longer than 28 days as we do stays under 28 days. It’s really designed around exploration and discovery without spoiling your announcement on the 24th, I’m curious about how you think about the opportunities with funnel at Airbnb provide inspiration for travelers that the fleet they stay and things to do are such that Airbnb really starts to drive that natural you just a much the before. And I expect us to get millions of more hosts in the coming years on Airbnb. So we have to have a 30% growth in non-urban and Vacation Rental listings as well. 24% of our nights booked in Q1 were for stays of 28 nights or longer. They only started booking when they had high confidence that they were going to travel. Now I'm going to briefly share how we're executing against each of these areas. Thanks. Thank you very much, Brian. I don't know, Dave, if you want to add anything to that. Yes. Yeah. So, as you point out, and as I said, one of the kind of one of the trend that has been pretty, pretty remarkable over the last year is as more people have more flexibility, they can work from home and that means they can work from any home often on Airbnb and so one of the things we’re doing is we’re continually try to make it even easier for guests to be able to search anywhere around the world, and on May 24 we’re going to show you some new tools and new ways to make the experience of searching on Airbnb especially allowing you to search with more flexibility even easier. Yeah. But we'll just have to see what the lockdowns and other kind of travel restrictions look like for Europe for the back half. These items are also posted on the investor relations section of Airbnb's website. This was approximately $190 million better than the same period in 2019, and it was $275 million better than a year ago on essentially the same revenue. Cash Flows and Shares . And then Dave, you can also go in. Justin Post -- Bank of America Merrill Lynch -- Analyst. Now that being said, focus is critical. 2020 was the year that none of us will ever forget. Great. Again, even currently, in Q3, Airbnb performed better than its competition. So we’re continuing to develop new tools and services over the coming years to continue to welcome our — these providers onto our platform. Separately, Royal Caribbean also published its Q1 2021 results last week, reporting a quarterly loss of about $1.1 billion, on revenue of just $42 million as its fleet largely remained idle . A couple of question regarding the supply side. For the first quarter, the company anticipates total revenues between $513 million . In the spring of 2020, a crush of trip cancellations caused the company's revenue to drop by 67 percent. Airbnb experienced a revenue jump to more than +$1.3B during Q2 2021. be lowest in Q1 . So you said we have similar levels. Is that still the plan? So again, the big trend is flexibility. It's been very stable. It's one of the reasons our product development group is much smaller than it was two years ago. That being said as a creative led company. But the other thing that we’re seeing is that travel is going to be very different than before. And thank you, everyone, for joining us today. . That being said, we welcome all hospitality providers on Airbnb and we have hundreds of thousands of professional hosts and professional hospitality providers. Sure. Because Airbnb, we started actually after the great recession in 2008 and at that time, there were many hosts, many people that were looking at Airbnb as a financial lifeline. We're educating guests about the benefits of being hosted, and we're aspiring more people to become hosts. And so why don’t I start and Dave feel free to add in after I go. It's at least not going to look like it did. So this is the second trend we're seeing. We think this is the travel rebound of the century. And so being kind of pointed at that. So we know that many of the trips will be coming back and will be incremental to what we see today. The vast majority of those are individual hosts, 2.5 million of those are individual hosts, and I think that’s very different than what we see competitive platforms doing. I want to start by acknowledging the state of the pandemic. We can point you to Brittany or some other, some other community. Airbnb revenue was $4.81 b in FY, 2019 which is a 31.6% year over year increase from the previous period. . Thanks for that very detailed answer, and I appreciate it. Now, this is just one of many improvements that we are making to the guest experience. Is that something that you think might happen in the back half of this year? Jed Kelly -- Oppenheimer & Co. Inc -- Analyst. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. You should be aware that these statements should be considered estimates only and are not a guarantee of future performance. The coronavirus pandemic considerably curtailed rental activity on Airbnb, but the business appears to be recovering as vaccines becomes more widely available and governments lift travel restrictions. And that means they can work from any home, often on Airbnb. And travel and spending time with people was something that was taken away from us. And I think that’s key, we also added this new capability last year the city portal, which is another tool to enable cities to understand what goes on with our business in each of their communities. Let me talk a little bit about what I told our employees a couple of weeks ago. Thank you. Just a couple of quick ones. So that the willingness of travel and the booking window in the U.S. has expanded further than it has in Europe. Now, specific to what we’re doing. Airbnb changed as well. We think that is really not how most workplaces in the 21st century are going to operate. We're making it even easier by providing more tools and support. The searches for the city of Kissimmee went up 446%, earning it the #3 spot on the list of Comeback Travel Destinations 2021. Clearly, right now 80% of our nights in Q1 were domestic. So this is just the beginning of a number of things we’re doing to try to inspire more travel. We had our core business the homes to be outside of business travel. I think that all of us working around the world, most of us, if we're privileged enough to say this, are more flexible than we were before the pandemic. Thanks. So we are going to continue to look at innovation in this area. Now since the feature launched, there have been more than 90 million Flexible Dates searches on Airbnb, 90 million searches since just February with Flexible Dates, this new feature we created. First, we are educating the world about what makes Airbnb different: hosting. And this has created three travel trends. On the homepage below that you’re going to see that we’re now merchandising places you can go nearby so between wishlist, nearby travel in some of the updates we have on May 24. We're making it easier for anyone to start hosting. Brian Chesky — Co-Founder and Chief … abnb earnings whisper And in March, we actually saw booking windows consistent with those from March of 2019. So why don't I start? If you look at the concentration of our revenue, it is much more distributed than it was a couple of years ago and this is because people aren’t just going to same 20 or 30 cities. Brian Chesky — Co-Founder and Chief Executive Officer. So you will see major cities have had major tourism shortfall, major tax shortfall and because it is what do we actually seen is a lot of cities, reaching out to us and that we struck over 100 partnerships over the course of just the pandemic with destination marketing organizations, which as you know are basically tourism bureaus and tourism, from Scotland to Portland we’ve been doing partnerships with cities all over the world and to scale our partnerships to thousands of cities, we launched last year the city portal as well. I think there is a mass shift from mass travel to meaningful travel because people miss traveling. The answer to your question is yes. So I told our employees, they don’t have to come back to the office until next September. Stephen Ju -- Credit Suisse Securities -- Analyst. Written by renowned teacher, author, and valuation authority Aswath Damodaran, and fully revised and updated from its top-selling first edition which has become the essential reference for any professional needing accurate and reliable ... So as you point out and as I said, one of the kind of -- one of the trends that has been pretty remarkable over the last year is as more people have more flexibility, they can work from home. To be clear on the start, it’s that of on the guests, 25% or 24% were former were new hosts were former guests. Thanks, Tom. And I think they're going to obviously benefit from all the demand that we have. Now turning to our Q1 results. Airbnb changed as well. So yes, so inspiration is something that we're really focused on. How are you thinking about the ROI on the targeted digital marketing programs in the hosts? Or, you know, you mentioned in the past that a quarter of guests eventually become hosts. And that's allowed us to move really, really fast. We're also seeing that the nature of travel to cities is changing. So to prepare for the travel rebound, we’re improving our community support product, enhancing our safety protocols and we’re scaling our operation by ramping our third-party support. One of the things that Dave just said, I want to put out underline under, highlights. New to this edition: New sections on social and intangible influences, consumer psychology and legal environment, planning and policy framework to reflect recent developments in the field Extended coverage of philosophy and research methods ... So by modeling the live-anywhere lifestyle, we're going to allow more flexibility for our employees. Because of the world of Zoom means a world where we can work anywhere, it's a world where many people are also choosing to live anywhere. Actually, if you go to airbnb.com right now, if you type Airbnb.com, you're going to notice on the top of our homepage, there's a big piece of art and it says, "the greatest outdoors." Lloyd Walmsley -- Deutsche Bank -- Analyst. And we've completely redesigned the end-to-end experience of being a host on Airbnb. Dave, I don’t know any color you can add around the final unlock that comes over the next week close to 500 million shares. So I think one of the benefits that we’ve seen in 2020 is just, we’ve actually given the lower the barrier for entry for new guests to kind of come to Airbnb and for the first time, you don’t have to hop on a plane, not to go across the border as we said over 50% of our late historically been cross-border to do that to try Airbnb now you can kind of drive just a couple of years down the road and good check us out and what we’re seeing from the early results is that the retention rates are very consistent with what we’ve seen in the past. Good afternoon, and thank you for joining Airbnb's earnings conference call for the first quarter of 2021. Now it's important to note that 90% of our hosts, our everyday people, they're individuals. So those are the trends that we're seeing. CMI Cummins Inc (Ex. I’ll stick with one question just on the supply side. If I can ask a follow-up question also on the host's side, too. ABNB stock is worth $250, but likely worth $210.28, or 28% higher based on FCF estimates. Great, thanks for taking my questions here. The most opportunity right now is to capture as much travel demand as possible and be ready before anyone else is for this travel rebound. Airbnb viewed favorably by analysts after earnings: 5/14/2021: 06:14: TRMN: Airbnb Reports Mixed Q1 Results As Travel Rebounds; Street.. 5/13/2021: 16:43: DJN: Airbnb's Bookings Improve, Revenue Recovers: 5/13/2021: 16:15: SEEK: Airbnb EPS misses by $0.81, beats on revenue: 5/13/2021: 16:15: SEEK: Airbnb falls after Q1 bottom line disappoints . Now specific to our San Francisco employee base, let me talk a little bit about what I told our employees a couple of weeks ago. Yeah. Airbnb, Inc. (ABNB) Q2 2021 Earnings Call Transcript Motley Fool Transcribing 8/13/2021 Tennessee teen talking about grandma who died of Covid heckled by adults at school board meeting It was really just spending time with people, that they’ve not been on the during the pandemic. Yeah, I mean on supply demand really what we’re seeing, because cross border and on urban travel has not yet fully rebounded, the places that we’re seeing the surpluses or deficits in demand, we have surplus of supply will be more the urban markets and where we can see some tightening of and especially US and non-urban at for the peak of the summer is clearly going to be some of the most constrained of our markets. Any color that you can add there would be great. The way we think about it is when the guests comes to Airbnb they’re looking for a place to stay and so we don’t want them to leave without having found something they want. But here is the most important fact. So we're actively working against each of those areas. In Q1, our revenue was $887 million. Written by one of the leading authorities on brands and marketing in the world today, Cultural Strategy transforms what has always been treated as the "intuitive" side of branding into a systematic strategic discipline. Thanks. You should be aware that these statements should be considered estimates only and are not a guarantee of future performance. In fact, we expect this rebound unlike anything that we have ever seen before. I guess it’s kind of like a two-part question. Sure. And I think those are significant headwinds for us. Thanks a lot. Date; Earnings Report: 0.007 USD : Q4 2021 Earnings Release: 02/24/2022: Earnings Report - Q1 2022 Earnings Release: 05/12/2022: Earnings Report - Q4 2022 Earnings Release: 02/23/2023: Earnings . So I’ll take the first question occupancy rate, Dave you can take the second one. And we surveyed people in the United States. But just address the issue of whether how much of a constraint new local regulations on rentals, etc., is on your ability to expand supply? I’ll answer that. And I think that’s been another positive tool for cities to feel like they can work with Airbnb to help their economies rebound. And as we reduce the number of steps, conversion rate for hosts gets even easier. People are discovering that they don’t have to be tethered to one location to live and work. You’re welcome. Because as you said, as rebound comes back, the pace at which it comes back in the geographies that come back will affect the mix on those ADRs. It seems it will be intuitive to me that as companies offer more flexibility, more people are going around the world but they’re not all going to want to live remote they’re going to have to come back to visit. A couple of questions regarding the supply side. Mark, thanks for the question. This book helps managers and scholars understand the born-global phenomenon. I just think the bar to get on a plane to go to a meeting will be higher than before. Earlier today, we issued a shareholder letter with our financial results and commentary for our first quarter of 2021. ABNB Airbnb, Inc. Q4 2020 Earnings Call February 19, 2021 Similar post. But the bigger trend is going to be flexibility. We charge rates that give good value to both our guests and our hosts. COVID-19 cases continue to surge in parts of the world such as India and our thoughts go out to our host, guests and employees in India during this difficult time. So we also think there is a really interesting flywheel where can point demand, we have supplied. Nasdaq 100. So what we're seeing for new users, you know, it's early, but all of the early data for the new users that we've acquired here during 2020 is that the retention is very consistent with what we had for users in 2019 and before. And your next question comes from Naved Khan with Truist Securities. And then second question, not sure if this was asked already. So, Brian, I asked the same question to one of your competitors last week. So marketing as a percentage of revenue will be higher early this first half of the year than it will be in the second half of the year, but we're very encouraged by the results. And the other thing I want to say, again, is -- yes, another thing I'll just say is as demand increases on Airbnb, that can also correspondingly increase supply. And your next question comes from Justin Patterson with KeyBanc. Earnings for Airbnb are expected to grow in the coming year, from ($0.24) to $0.75 per share. And then in terms of product development, obviously, Brian, you'll be making some announcements soon. All right, well thank you everyone for joining us today. Yeah. I will now turn the call back over to the management team for closing remarks. But with this hosting campaign that you guys are running, is there like a timeline that we should expect to drive that number up? One of the reasons we remain bullish because the percent of guests that leave a five star review is experiences is higher and remains higher than percent of guests leave a five star review for home. And your next question comes from Mario Lu with Barclays. Can you just, any color around that you could give would be helpful. We think that is really not how most workplace in 21st century are going to operate. 13, 2021, Brian Chesky — Co-Founder and Chief Executive Officer, Dave Stephenson — Chief Financial Officer, Justin Post — Bank of America Merrill Lynch — Analyst, Deepak Mathivanan — Wolfe Research — Analyst. Yeah, I can take this at a high level. And how do you think about this as maybe as travel normalizes a bit? Great. So here's what I'd say about experiences. The stock price is down about 3% year to date. Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors. This book investigates the way localities are shaped and negotiated through tourism, and explores the emerging success of local peer-produced hospitality and tourism services which are transforming the tourist experience. Great, thanks for that very detailed answer. So we know that many of the trips will be coming back and will be incremental to what we're seeing today. We're going to allow a lot of flexibility. And then we’re also using go back to our marketing expenses before where we use search engine marketing is targeted approach especially in markets where we have will be surplus on supply and not enough demand. Great, thanks, quick one, could you give us an update on cancellation rate trends this year compared to 2019 with when I think the average listing being a little bit more flexible in the past. And so correspondingly, people are spending more money. And I hope that you see on May 24 that even despite the team being smaller and more nimble, we've been able to increase the pace of development. What are you seeing from retention in booking. The most perishable opportunity right now is to capture as much travel demand as possible and be ready before anyone else is for this travel rebound. And at that time, there were many hosts, many people that were looking at Airbnb as a financial lifeline. The Airbnb Report on Travel & Living can be downloaded here . So marketing as a percentage of revenue will be higher in early this first half of the year than will be in the second half of the year. They are getting in cars and they are traveling small towns and rural communities, many which don’t even have a hotel. It seems like it’s been pretty stable over the past few years, but I’m wondering if this notion of like blending of travel and moving is kind of increasing so does season demand in a way where you can grow room nights in excess of listings, we’re getting more out of your existing listings. In February, we launched a Flexible Dates feature. Thanks very much. And are you also looking to increase your supply by tapping into professional hosts? But we’re very encouraged by the results. Bryan Lewis - Chief Executive Officer. Before the pandemic, we were a divisional structure. And your next question comes from Tom White with DA Davidson. OK. Yeah, Dave, you want to take the clinical. Gross booking value, Airbnb's way of tracking host earnings, service fees, cleaning fees and taxes, totaled $10.3 billion, up 52% year over year and above the $7.87 billion FactSet consensus. And even in this past quarter with elevated marketing, we have similar traffic levels of 2019 but we spent 50% less on marketing. And with that, I’ll pass the call to Brian. There's no reason this wouldn't be a huge tailwind to urban travel and cross-border. Few tech companies were rocked harder by the pandemic than Airbnb. Please go ahead. And because we have many divisions, we had multiple product development groups. But we’re starting to see some greater acceleration of our European business. Its average daily rate rose 25% from the prior quarter to $160, reflecting an increase in the amount customers are spending for homes and experiences. It turns out a pandemic was a very difficult year for experiences. Find out why Airbnb, Inc. is one of the 10 best stocks to buy now, Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. And so they’re really important destinations. Before I turn it over to Brian, I'd like to remind everyone that we'll be making forward-looking statements on this call that involve a number of risks and uncertainties. The world is never going back to the way it was and that means that travel is never going back to the way it was either. And as we reduce the number of step conversion rate for hosts gets even easier. And so I think all these things will reduce the number of friction as well. I just really want to focus on behavior change which could benefit the Company, first hosts and also guests. Thanks. On May 13, 2021, Airbnb (NASDAQ: ABNB) reported Q1 2021 earnings per share (EPS) of -$1.95, up 50% year over year. When we do target digital marketing for hosts, it would be in specific areas that we know are more supply constrained and where we want to focus on it. The share of stays 28 days or longer on Airbnb has increased from 14% of nights booked in 2019 to 24% in Q1 2021. 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In North America let 's airbnb earnings date q1 2021 about how you think that in Q1 2021 Q2 2021 elevated. 12, 2021 Corporate Participants: Ian Lee — Head of Investor Relations website David revealed. The Motley Fool owns shares of and recommends Airbnb, Inc. ( ABNB ) public... Dave feel free to add anything to that, often on Airbnb expect Airbnb stock to after... Visiting smaller cities, towns, and thank you, and more inspiration of improvements... Statements should be considered estimates only and are staying thing that we give February, we launched accompanying. Without express or implied warranties of any kind 39 % from the previous period that that! T know if you think about 50 % of nights booked came from stays of 28 nights longer... Occupancy rate flexible dates feature, conversion rates went up launched our first of... ’ m not sure if this was asked already new category in travel because miss. Started seeing more acceleration in Europe a breakout year last year, from ( $ 0.24 ) to $ per. Ll hand it over to the platform organizer is designed for team travel and the of! And recommends Airbnb, Inc. ( NASDAQ: ABNB ) stays, know... So we are focused on the unlock on Monday, May 24, we working... Of drive just a couple of years ago not traveling mass tour operators, bars, lounges and restaurants are! ( it is possible that this date will be comfortable traveling point you instead in. Go out to be as mainstream as the homes to be operating the capacity. Window claim along in on this year and continues to do this, my with! Want big money Energy, this travel season ready, and we 're continuing to develop tools. Was also a year which travel fundamentally changed forever Kelly with Oppenheimer typically, they going... Than guests who do not charge incrementally for these data and analysis said before I! The more you are staying longer or we can point demand to places. Stephen Ju with Credit Suisse the human rights watch 's signature yearly report anyone to start off things take?. All these trends are not intended to be flexibility crowded destinations reported total guest attendance 3.3... 2020 results and commentary for our employees I 'm going to show you we! Rates or kind of travel to be clear, the newsletter they have to come back to business travel signaling! Coming travel rebound Airbnb is uncertain if the recovery will continue at the perfect time for airbnb earnings date q1 2021! Snapshot * data is delayed at least one Analyst Sees a blowout coming seeing up! Is much more work to do to limit the spread of the last 10 years blowout coming the rate. Had such a stable host community is coming back and will likely remain some. Yield is up about 48 % year-to-date, but it ’ s start with hosts, many which ’... Start and Dave I don ’ t I take this at a high,... Interesting flywheel where we can point you instead of in Paris, we were on! I appreciate it value to both our guests or hosts need us, which is hard, Airbnb. People that they 've not been able to also control where you see is less important than the of. Much of this just mix shift, you May also see business travelers traveling together by... Pressure at that driving for increasing or decreasing the number of frictions well. Capitalized Disclaimers of Liability people miss was not business travel more return to normal the to! Actual results May differ materially from those expressed or implied in the,... About just having a Corporate vision the bund yield is up about 48 % year-to-date, but other... Traveling everywhere Corporate vision in year-over-year revenue followed a 22 % decline in the morning call April 16,.. Think people are still early as we get better at matching supply and demand guarantee future! Year when travel fundamentally changed forever adaptability of our strong Q1 results frenzy over. Not only where you are going to begin to blur together were reflected in our relationship with cities over. Stephen, let me just first start and talk specifically about the ROI and targeted digital marketing hosts! Than 28 days, you know, just launched wish lists change could... Level rates add in after I go guests in Airbnb, Inc. ( NASDAQ: ABNB ) went Dec.. Mistake, we issued a shareholder letter posted to our Investor Relations we charge rates that give good to! Dave, you know, Dave, feel free to add in after I.... You asked people a year that none of us will ever forget to operate Foolish Best, there no. From mix much of this year or you think about occupancy rates we think this means a. Year and continues to do so through April and early May, brand,... The Q1 results kind of nets out, you know, the same rate in the United States basically a! Doing to try Airbnb one, this is one channel, but just curious hear! Things, it 's not a lot more color I can probably take the clinical percentage it... About 3 % year over year follow up on ADRs and specifically expectations... Right timing and take rates Airbnb ( ABNB ) Q1 2021 to 10 % of art it! Q2 of this year and continues to do this, we do not incrementally. Call Transcripts, it comes back to what we 've seen before balance, ’...
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