Business

Airbnb stops booking stays in China: source

Home rental service Airbnb is shutting down its business in China as a pandemic lockdown shows no sign of ending there, a source close to the company told AFP Monday.

Business

Airbnb says record bookings signal travel rebound

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.

Business

Qantas forecasts $1.1 billion loss in 'worst' half year

Australian national carrier Qantas is forecasting a loss of more than 1.1 billion Australian dollars (US$790 million) in July-December in what its chief executive, Alan Joyce, called one of the worst periods of the entire ...

Business

Airbnb profit soars on Pandemic-era lifestyles

Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.

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