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Home » Articles » Private: Airbnb’s gloomy forecast weights on airline & hotel stocks

AIRLINES & ALLIANCES
Airbnb’s gloomy forecast weights on airline & hotel stocks

by GLO
written by GLO 0 comments

Travel-related stocks experienced a decline on Wednesday following a gloomy prediction from vacation rental company Airbnb. Airbnb results in detail here.  The forecast indicated a forthcoming decrease in travel demand, as consumers sought more affordable accommodations due to concerns about inflation and recession. Airbnb, which recorded a 20% increase in…

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