Airbnb Inc.: What Are The Implications of AI in Airbnb’s Operations! 

Airbnb reported a strong start to 2024, with 133 million Nights and Experiences Booked in Q1 marking its best first quarter ever. Revenues came in at $2.1 billion, a year-over-year growth of 18% primarily driven by the rise in travel demand and the timing of Easter. Minus thousands of listings that failed meeting guest expectations, active listings grew by 17% YoY. Airbnb noted that supply has grown so rapidly it felt comfortable making cuts or takedowns to the supply base to consistently upgrade the quality level delivered to guests.