The 4 Most Interesting Things From Airbnb’s Earnings

• Airbnb reported earnings after the market closed on Thursday.
• CEO Brian Chesky pointed to multiple growth areas for the company.
• He also teased a move beyond short-term rentals that Airbnb will make public in 2025.

Airbnb‘s third-quarter earnings report showed that the company keeps growing — and that 2025 will be the year it breaks into a new business.

The short-term rental platform grew revenue and bookings during the quarter that ended September 30, it said after the stock market closed on Thursday. Executives said they’re lining up long-term growth with its co-host program and an expansion beyond accommodations.

Here are the highlights from the earnings report:

Airbnb’s third-quarter revenue grew despite a slow start

Airbnb’s revenue for the quarter rose 10% to $3.73 billion. Analysts surveyed by Reuters expected revenue of $3.72 billion. Earnings per share of $2.13 missed analysts’ estimates of $2.14.

Nights and experiences booked jumped 8% to 122.8 million from the same period in 2023. Bookings were slow early in the quarter but picked up later, CEO Brian Chesky said on Thursday’s earnings call.

Shares of Airbnb were 4% lower at $141.55 in after-hours trading on Thursday.

Airbnb wants to get more people to list properties using co-hosts

In October, Airbnb started offering its hosts co-hosts, or people who can help manage a property…