Airbnb reports Q1 revenue of $886.9M, up 5% YoY, gross booking value of $10.3B, up 52% YoY, but net loss tripled to $1.1B, largely due to debt repayments (Jordan Novet/CNBC)

Jordan Novet / CNBC:

Airbnb reports Q1 revenue of $886.9M, up 5% YoY, gross booking value of $10.3B, up 52% YoY, but net loss tripled to $1.1B, largely due to debt repayments  —  – While Airbnb’s revenue grew 5% in the first quarter, gross booking value rose some 52% as users opted for full homes and destinations outside cities.

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