Airbnb Inc Q4 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Naved Ahmad Khan - Truist Securities, Inc., Research Division - Analyst : Yes. Two questions, one for Brian, one for Dave. So Brian, how are you thinking about growth in experiences for 2022 as travel comes back and people engage in more activities and experiences? And Dave, on the margin question, again, how should we think about the growth in other expenses outside of marketing and available costs, namely operations support and product development? Is there supposed to be a significant

Question: Lloyd Wharton Walmsley - UBS Investment Bank, Research Division - Analyst : I had a couple. First, just on the host supply, it sounds like you're seeing good traffic gains in regions where you're advertising, but the aggregate listings number is only up something like 7% from the last disclosure despite a pretty good environment. So just wondering what gives you the confidence that you can continue to grow supply to meet demand on kind of a multiyear basis. And is there -- do you have visibility into the backlog of hosts just going through that process that gives you that confidence it can accelerate? And then a second one on kind of ADRs, the shareholder letter mentioned having over 25% more nights booked for the summer than this time in 2019. Can you talk about what that looks like kind of on a gross bookings basis? And as we think about ADRs, if you put aside the geographical format mix shift, like where do you think like-for-like pricing is moving up for this year as it seems like some folks are pushing price?