Airbnb has reported record bookings and rising rates in its second-quarter earnings call with investors. After posting a loss of $68 million in the same period last year, Airbnb bounced back by achieving a net income of $379 million and generating $795 million in free cash flow in the quarter. Airbnb Predicts Strong Summer Season […]

Airbnb announced that it is no longer offering Covid-related refunds as an update to its Extenuating Circumstances Policy which would accommodate guests and hosts to cancel reservations without penalty if either were affected by Covid-19. With the current situation returning to normal the company is all set to stop offering this service to its users. […]