Airbnb anticipates a decrease in bookings from U.S. customers, attributing the downturn to global events and new regulations in California.
What Happened: During the second quarter earnings call, Airbnb forecasted a “sequential moderation” in nights and experiences booked for the upcoming quarter. The company points to shorter booking lead times and signs of waning demand from U.S. guests.
What Happened: During the second quarter earnings call, Airbnb forecasted a “sequential moderation” in nights and experiences booked for the upcoming quarter. The company points to shorter booking lead times and signs of waning demand from U.S. guests.
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