Airbnb Expects Boost in Summer Sales from International Events

Wednesday, 8 May 2024, 20:24

Airbnb forecasts a stronger summer quarter despite lower second-quarter sales expectations, attributed to Easter timing. The anticipation of major international events like the Summer Olympics in Paris and Euro Cup is expected to drive sales growth for the company.
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Airbnb Expects Boost in Summer Sales from International Events

Airbnb Forecasts Stronger Summer Quarter Amidst Global Events, Shares Decline

Online vacation-rental platform Airbnb Inc. provided forward-looking insights into its second-quarter performance, anticipating a boost from upcoming international events such as the Summer Olympics in Paris and Euro Cup. Despite the initial decline in shares due to lower sales forecasts, the company remains optimistic about the summer months.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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