Airbnb warns of U.S. growth slowdown
💸 Airbnb anticipates third-quarter revenue below estimates on Aug 7, 2024, citing "weaker demand from U.S. customers" and economic uncertainty leading to shorter booking windows. Domestic U.S. travel has faced pressure since early 2024 due to increased travel spending caution. The company projects slower growth in nights booked for the third quarter, aligned with broader travel industry trends noted by Morningstar analyst, Dan Wasiolek.
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