Airbnb revenue doubles from 2021

Airbnb is getting a boost from the rebound in travel. The lodging reservations company said Tuesday that while it lost $19 million in the first quarter, that was much better than the $1.2 billion loss it suffered in the same quarter last year. Airbnb says bookings are up, and revenue is nearly double 2021 levels, up to $1.51 billion.