Airbnb saw its shares drop 14% in after hours trading on Wednesday after seeing its Q2 profits drop to $555m (£437.14m)), down from $650m (£511.9m) the year prior. It comes as it warned of weakening demand from US consumers in terms of domestic travel as they reign back travel spending due to economic uncertainty. The …
Airbnb shares fall 14% as US demand harms performance
- Categories: Hotels
Related Content
Four Seasons Maldives hosts 2024 Surfing Champions Trophy
By
September 2, 2024
SAii Lagoon, Hard Rock Hotel Maldives celebrate 5th anniversary
By
September 2, 2024
MIC announces key appointments aimed at enhancing growth and innovation
By
September 2, 2024
MATATO honoured with PATA certificate for promoting responsible travel
By
September 2, 2024