Vacation-rental platform Airbnb Inc. announced on Thursday that demand remained strong through October. The company also forecasted fourth-quarter sales that are expected to exceed earlier expectations.
However, Airbnb cautioned that increased spending on new services, along with ongoing political battles, would likely reduce profit margins for the period. Despite these challenges, the company remains optimistic about its overall growth prospects.
https://www.marketwatch.com/story/airbnb-suggests-consumers-are-starting-to-feel-better-about-vacations-heres-why-profits-could-still-take-a-hit-36320b1c?mod=mw_rss_topstories
