Due to its flexible business model and unparalleled geographic reach, Airbnb was able to pivot its business model and see opportunity in the shifting trends of consumer travel during the pandemic. Consumers were uninterested in renting accommodations in cities and other densely populated areas due to the threat of infection. Instead, the demand for accommodation in remote areas surged. Airbnb rapidly promoted these new locations to travelers who were sick of lockdowns and worrying about social distancing, while its competitors with static accommodations saw their revenues plummet. Underlining the success of Airbnb's pivot, the company finished Q4 FY 2021 on $1.5 billion in revenues and made $76 million in operating profit.