Airbnb(ABNB)

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Airbnb(ABNB) - 2022 Q3 - Earnings Call Transcript
2022-11-02 00:29
Airbnb, Inc. (NASDAQ:ABNB) Q3 2022 Earnings Conference Call November 1, 2022 4:30 PM ET Company Participants Ellie Mertz - Vice President, Finance Brian Chesky - Co-Founder and Chief Executive Officer Dave Stephenson - Chief Financial Officer Conference Call Participants Lloyd Walmsley - UBS Naved Khan - Truist Securities Nick Jones - JMP Securities Brian Fitzgerald - Wells Fargo Brian Nowak - Morgan Stanley Doug Anmuth - JPMorgan Justin Post - Bank of America Mario Lu - Barclays Bernie McTernan - Needham & ...
Airbnb, Inc. (ABNB) Goldman Sachs Communacopia & Technology Conference (Transcript)
2022-09-13 20:53
Summary of Airbnb, Inc. Conference Call Company Overview - **Company**: Airbnb, Inc. (NASDAQ: ABNB) - **Event**: Goldman Sachs Communacopia & Technology Conference - **Date**: September 13, 2022 - **Key Executive**: Brian Chesky, Founder and CEO Key Points and Arguments Industry Context and Company Resilience - The pandemic caused an unprecedented disruption in travel, with Airbnb's business in China dropping by 80% in early 2020, leading to an overall 80% decline in business within eight weeks [4][5] - The CEO emphasized the need for decisive action during the crisis, focusing on cash preservation and stakeholder consideration [7] - Airbnb adapted its business model, simplifying operations and discovering that brand strength allowed for a quick recovery without heavy marketing [8][9] Changes in Travel Behavior Post-Pandemic - The travel industry is unlikely to return to pre-pandemic norms; remote work and flexibility are here to stay, leading to longer stays and more diverse travel destinations [13][14] - Business travel is recovering but will not revert to previous patterns; there will be a shift towards longer stays and group gatherings [14][16] - The CEO noted that travel is expanding beyond major cities to include a wider range of destinations, as people seek unique experiences [15] Marketing Strategy - Airbnb's marketing approach combines performance marketing with brand marketing, focusing on educating consumers about unique offerings rather than traditional customer acquisition [21][56] - The company has a strong brand presence, with approximately 500,000 articles written about Airbnb annually, contributing to its recognition [21] Product Innovations - **Airbnb Categories**: Launched to categorize homes by unique features rather than just location, enhancing user discovery and engagement [22][27] - **AirCover**: A protection program for both hosts and guests, significantly improving user satisfaction and trust [28][30] - The CEO compared AirCover to Amazon Prime, suggesting it could become a major franchise for Airbnb [30][31] Supply Growth and Host Recruitment - Airbnb's supply growth is driven by previous guests becoming hosts, with 36% of new hosts being former guests [34][35] - The company is focused on lowering barriers for new hosts through programs like "Ask a Superhost," which connects potential hosts with experienced ones [37][40] - The CEO highlighted the importance of individual hosts, noting that 90% of hosts are not property managers, which presents a significant growth opportunity [43] Future Outlook and Strategic Focus - Airbnb aims to maintain a balance between organic growth and opportunistic inorganic growth, with a focus on innovative ideas and enhancing user experience [64][66] - The company is exploring new monetization opportunities, particularly in long-term stays, which account for 20% of bookings [65] - The CEO believes that travel will become increasingly important as a means of connection in a world where many interactions are digital [69][70] Conclusion - Airbnb is positioned to capitalize on the evolving travel landscape, focusing on unique experiences, flexible travel options, and a strong community of hosts and guests. The company is committed to innovation and maintaining a strong brand presence while adapting to changing consumer behaviors in the post-pandemic world [60][70]
Airbnb(ABNB) - 2022 Q2 - Earnings Call Transcript
2022-08-03 01:04
Airbnb, Inch. (NASDAQ:ABNB) Q2 2022 Earnings Conference Call August 2, 2022 4:30 PM ET Company Participants Ellie Mertz - VP, Finance & IR Brian Chesky - Co-Founder, CEO, Head of Community & Chairman David Stephenson - Interim Head, Global Employee Experience & CFO Conference Call Participants Lloyd Walmsley - UBS Mario Lu - Barclays Bank Brian Nowak - Morgan Stanley John Colantuoni - Jefferies Stephen Ju - Crédit Suisse Brian Fitzgerald - Wells Fargo Securities Justin Patterson - KeyBanc Capital Markets T ...
Airbnb(ABNB) - 2022 Q2 - Quarterly Report
2022-08-02 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________ FORM 10-Q ______________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File Number: 001-39778 ______________ Airbnb, Inc. (Exact Name of Registrant as Specif ...
Airbnb(ABNB) - 2022 Q1 - Quarterly Report
2022-05-08 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________ FORM 10-Q ______________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File Number: 001-39778 ______________ Airbnb, Inc. (Exact Name of Registrant as Speci ...
Airbnb(ABNB) - 2022 Q1 - Earnings Call Transcript
2022-05-04 03:03
Airbnb, Inc. (NASDAQ:ABNB) Q1 2022 Earnings Conference Call May 3, 2022 5:30 PM ET Company Participants Ellie Mertz - Vice President of Finance and Investor Relations Brian Chesky - Co Founder and Chief Executive Officer Dave Stephenson - Chief Financial Officer Conference Call Participants Colin Sebastian - Baird Bernie McTernan - Needham & Company Mario Lu - Barclays Brian Nowak - Morgan Stanley Naved Khan - Truist Securities Stephen Ju - Credit Suisse James Lee - Mizuho Jed Kelly - Oppenheimer & Co. Inc ...
Airbnb(ABNB) - 2021 Q4 - Annual Report
2022-02-24 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________ FORM 10-K ______________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File Number: 001-39778 ______________ Airbnb, Inc. (Exact Name of Registrant as Specified ...
Airbnb(ABNB) - 2021 Q4 - Earnings Call Transcript
2022-02-16 02:23
Airbnb, Inc. (NASDAQ:ABNB) Q4 2021 Results Conference Call February 15, 2022 5:30 PM ET Company Participants Ellie Mertz - VP, Finance Brian Chesky - Co-Founder and CEO Dave Stephenson - CFO Conference Call Participants Colin Sebastian - Baird Naved Khan - Truist Securities Stephen Ju - Credit Suisse Bernie McTernan - Needham & Company Deepak Mathivanan - Wolfe Research Mario Lu - Barclays Jed Kelly - Oppenheimer Brian Nowak - Morgan Stanley Brian Fitzgerald - Wells Fargo Doug Anmuth - JP Morgan Lloyd Walms ...