Airbnb experienced a 14% drop in shares due to fewer American guests booking stays, possibly influenced by rising costs and pushback from cities citing noise complaints and housing concerns. The company also noted a shift towards shorter booking lead times globally.
Airbnb Shares Plunge 14% After Hours Amid Slowing US Demand
✨ Enjoying this article? ✨
📱 Get more with the NewsNuggs iOS App →