Reported 23 days ago
Airbnb has projected slower growth for the remainder of 2025, attributing the decrease to challenging comparisons with last year's strong bookings in Asia and Latin America, leading to a more than 6% drop in its shares. Despite a recovery in U.S. travel demand during the second quarter, the company expects the growth of night bookings to moderate going into the fourth quarter. It forecasts third-quarter revenue between $4.02 billion and $4.10 billion, slightly below analysts' expectations.
Source: YAHOO