Key Takeaways

  • Airbnb’s second-quarter revenue rose 17 percent to $3.6 billion as bookings accelerated across every region
  • North American bookings posted their fastest growth in nearly three years as travel demand remained strong
  • Airbnb raised its full-year outlook and expects third-quarter revenue of $4.69 billion to $4.77 billion

Airbnb joined competitors Vrbo and Booking Holdings this week in giving investors plenty of good news during its second-quarter earnings call.

The company reported higher revenue, stronger bookings and its fastest North American growth in nearly three years.

The short-term rental platform generated $3.6 billion in second-quarter revenue, up 17 percent from last year and slightly above Wall Street expectations.

Travelers booked 148.3 million nights and seats during the quarter, a 10 percent increase, while gross booking value climbed 16 percent to $27.2 billion, according to Airbnb’s Q2 2026 shareholder letter.

“Over the first half of 2026, we’ve delivered some of the strongest results in years,” CEO Brian Chesky said during the earnings call. He said first-time bookers grew 11 percent, the fastest pace Airbnb has seen in four years.

Chesky told investors that Gen Z is growing the fastest among those first-time bookers. He also pointed to artificial intelligence as one reason Airbnb has been able to move at a much faster pace recently.

RELATED: Airbnb CEO Brian Chesky reportedly launching new AI company

“AI is the best thing to ever happen to Airbnb,” he commented, adding that technology has helped the company cut the time from concept to launch by as much as 60 percent on some initiatives.

“AI is also making it easier to host. We know that as hosts are more successful when they have the right price, the right insights, and the right tools, and AI is helping us improve all three,” he continued. “We made it easier for hosts to set competitive prices and get more bookings. We also gave hosts more actionable insights to help them improve their listings and increase their earning potential. We’re rolling out AI tools that help new hosts get started faster and better understand their pricing and earning opportunities. AI is also transforming customer support.”

Airbnb’s positive results came one day after Expedia reported stronger bookings and raised its annual outlook, and two days after Booking.com said its alternative accommodation nights rose 4 percent and listing reached 9.1 million.

North American Airbnb bookings pick up speed

Airbnb’s biggest surprise came from some of its most established markets.

Bookings accelerated in the U.S., France, the U.K. and Australia, reversing a recent pattern in which faster growth came mainly from newer international markets.

from newer international markets.

Nights booked in the company’s app grew 22 percent year over year, the highest growth rate since 2022.

Airbnb said short stays and entire homes continued to outpace long stays and private rooms, with larger properties containing four or more bedrooms performing especially well.

That is an encouraging sign for hosts who cater to families and groups.

The World Cup also gave Airbnb a chance to attract new guests and add supply in high-demand cities.

Expedia's One Key now pays Vrbo hosts' guests differently
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The World Cup also gave Airbnb a chance to attract new guests and add supply in high-demand cities.

Airbnb added more than 150,000 listings from first-time hosts across World Cup host cities and welcomed millions of guest arrivals during the tournament.

Customer support costs per booking fell about 16 percent from last year, partly because of those AI improvements. The company plans to begin introducing an AI voice assistant later this year.

Airbnb is also expanding beyond homes. The company added car rentals, grocery delivery, airport pickups and luggage storage, while bringing thousands of boutique and independent hotels onto the platform.

Related: What investors were watching before Airbnb’s Q2 earnings report

Airbnb rolls out new tools to help hosts earn more

Airbnb used its second-quarter update to highlight several changes designed to make hosting easier and help listings attract more bookings.

Pricing was a major focus.

New hosts can now set separate weekday and weekend rates during the setup process. Airbnb has also been simplifying its service-fee structure, with most hosts using property management software already moved to a single fee and most remaining hosts expected to move to the same model by the end of 2026.

The company also updated its cancellation policies. Eligible listings were moved from the Strict policy to the more flexible Firm option, which Airbnb says can help hosts appeal to more travelers.

Hosts are also getting more personalized guidance. Airbnb now sends recommendations tied to pricing, calendar availability and listing quality, along with suggestions based on recent guest reviews.

The earnings dashboard was updated as well, allowing hosts to compare performance with the previous year and better understand changes in revenue. Airbnb also improved its listing editor so hosts can more clearly show important details, including sleeping arrangements.

What’s ahead for Airbnb

If analysts predictions are on point, Airbnb is expected to close out 2026 on a high note.

During the earnings call, the company raised its full-year forecast after the stronger quarter.

Wall Street, Manhattan
Wall Street, Manhattan (Photo credit: Robb Miller via Unsplash)

The company now expects revenue growth of at least the mid-teens, with third-quarter revenue expected to land between $4.69 billion and $4.77 billion, representing growth of 15 percent to 17 percent.

“Specifically, in Q3, we expect to generate revenue of $4.69 billion-$4.77 billion, representing year-over-year growth of 15%-17%,” Airbnb’s Chief Financial Officer Ellie Mertz told investors on the call.

“Despite the ongoing conflict in the Middle East, we continue to see strong underlying demand globally, the impact to our business from the conflict was less than we had anticipated,” Mertz continued.

For hosts, the quarter brought several encouraging signs, including more first-time guests, faster growth in Airbnb’s largest markets, continued demand for entire homes and more investment in tools designed to help listings compete for bookings.

It was definitely a win-win for everyone.

Chesky summed it up best during his closing remarks on Thursday.

“We delivered one of the strongest quarters in years. We’ve sealed our outlook, and we’re raising our full-year guidance. What excites me most isn’t the quarter, it’s we’re seeing broad-based momentum across Airbnb,” he said.

“Growth is accelerating core markets, more people are booking Airbnb for the first time, and we’re innovating faster than we ever have before,” he added.

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