Airbnb Unveils New Instruments To Assist Travelers Find The Most Effective Listings
Net Debt — As of March 31, 2023, the Company’s leverage ratio for covenant functions was three.7x. The Company had $3.5 billion of company debt outstanding as of March 31, 2023, which excluded $2.0 billion of non-recourse debt related to its securitized notes receivables portfolio. At the top of the primary quarter, the Company had $980 million of liquidity in money and money equivalents and revolving credit facility availability. Travel and Membership revenue of $200 million in the first quarter of 2023 was flat in comparability with the identical period in the prior yr, as revenue per transaction growth of…