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After hours trading fell by more than 4%, Asia-Pacific and Latin America growth contributed significantly, the pioneer of shared lodging Airbnb saw a 10% increase in Q3 revenue, with Q4 guidance slightly lower.
In the third quarter, Airbnb lodging and experience bookings increased by 8% to a new high compared to the same period, with EPS earnings slightly below expectations; Booking volume in the Asia-Pacific region increased by 19%, while Latin America increased by 15%; Airbnb expects strong demand in the fourth quarter, with revenue guidance for the fourth quarter increasing by an average of 9.8%, slightly below the analyst's expectation of 10%. After the financial report was released, Airbnb initially rose 15% after hours, but later fell by over 4%.
Airbnb Reports Mixed Financial Results
Travel boom strikes back: airbnb, booking holdings, and expedia booking volume soar, indicating a strong industry recovery!
After experiencing the initial wave of holiday fever following the epidemic, booking giants like Booking, expedia, and airbnb have released relatively mild outlook forecasts.
Airbnb Expansions Could 'Take a While' to See Real Revenue: Analyst
Trending: Airbnb Posts 3Q Results Meet Expectations; Sees Strong Demand Trends in 4Q
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