Airbnb CFO Says 2024 Shows Stability In Leisure Travel; Non-Urban Markets More Popular Than In 2019; Prices Holding Steady; Paris Olympics Drives 40% YoY Supply Increase
Portfolio Pulse from Benzinga Newsdesk
Airbnb's CFO reports stability in leisure travel for 2024, with non-urban markets gaining popularity compared to 2019. Prices are holding steady, and the Paris Olympics has driven a 40% year-over-year increase in supply.
May 30, 2024 | 7:12 pm
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Airbnb's CFO reports stability in leisure travel for 2024, with non-urban markets gaining popularity and prices holding steady. The Paris Olympics has driven a 40% YoY increase in supply.
The stability in leisure travel and increased popularity of non-urban markets suggest sustained demand for Airbnb's services. Steady prices indicate no immediate pricing pressure, and the significant supply increase due to the Paris Olympics could drive higher revenues.
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