Airbnb shares drop 12% as company flags weakening US demand

https://www.theguardian.com/technology/article/2024/aug/06/airbnb-shares-drop-earnings

by diacewrb

4 comments

  1. More on this subject from other reputable sources:

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    – Fast Company (B-): [Airbnb forecasts lower third-quarter revenue as U.S. demand slows](https://www.fastcompany.com/91168873/airbnb-q2-earnings-report-forecasts-lower-third-quarter-revenue-us-demand-slows)
    – Financial Times (A-): [Airbnb says cautious US consumers set to weigh on summer bookings](https://www.ft.com/content/33cd9c4a-d525-4ca1-a5de-cd59a90f4afa)
    – Reuters (A): [Airbnb forecasts lower third-quarter revenue as economic worries slow demand](https://www.reuters.com/technology/airbnb-forecasts-dour-third-quarter-revenue-economic-worries-slow-demand-2024-08-06/)
    – Bloomberg (B): [Airbnb (ABNB) Stock Falls After Soft Forecast, Warning on Travel Demand](https://www.bloomberg.com/news/articles/2024-08-06/airbnb-gives-soft-outlook-on-signs-of-slowing-demand-from-us)

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  3. When AirBnB becomes more expensive than hotels it’s not worth it. Customers are noticing that and pulling back.

  4. Fuck abnb. I’m glad those chickens are coming home to roost. We had an absolute nightmare hell ride that involved rats and our 6 month old. Never again.

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