US EditionAirbnb flags slowing US travel demand as revenue forecast disappoints
- Airbnb reported slowing travel demand in the US and forecasted flat average daily rates for Q2 2025, with revenue projected between $2.99 billion and $3.05 billion.
- The revenue guidance fell slightly below Wall Street expectations amid concerns over erratic trade policies and broader macroeconomic uncertainty.
- Despite a global 8% increase in bookings in Q1 2025 and 6% revenue growth year-over-year to $2.27 billion, net income fell 41.7% due to higher costs and investment write-downs.
- Shares dropped between 2% and 4% following the earnings report, as investors reacted to the cautious outlook for Q2 and Airbnb’s announcement on May 13 regarding plans to allocate a substantial budget—estimated in the range of $200 million to $250 million—for new initiatives.
- Airbnb's outlook suggests slower growth in bookings in the key summer season, highlighting risks from US trade tensions and evolving global economic conditions.
21 Articles
21 Articles
Canadians are traveling to the US at a 'much lower rate,' Airbnb's CFO said
Greg Pease/Getty ImagesAirbnb's CFO said fewer foreigners are booking nights in the US than last year or earlier this year.Airbnb CFO Ellie Mertz also said Canadians, in particular, are pulling back on travel to the States.Canadians are visiting Mexico, France, Brazil, and Japan instead, she said on an earnings call.The number of foreigners booking Airbnbs in the US has decreased from last year and earlier this year, with Canadians "traveling at…
Airbnb issues a disappointing Q2 forecast as Trump’s tariffs impact travel demand
Vacation rental platform Airbnb on Thursday forecast second-quarter revenue largely below Wall Street estimates and signaled softening demand in the U.S. as an erratic trade policy hammers consumer sentiment and sparks worries over growth. Shares of the company fell more than 6% after the bell, set to add to the year-to-date decline of about 7%. The company expects second-quarter revenue between $2.99 billion and $3.05 billion, the midpoint of w…
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