(San Francisco) Airbnb disappointed markets a bit on Thursday, despite better-than-expected quarterly results and upbeat forecasts for this summer.
The accommodation booking platform saw its revenue jump 18% in the second quarter to $2.5 billion.
In May, she warned to expect a slowdown in demand in the coming months. It then anticipated revenues of between 2.35 and 2.45 billion dollars for the period from April to June.
The Californian company is finally doing well, with a net profit of 650 million dollars, instead of 379 million in the same period last year.
The platform sold 115 million overnight stays in the past quarter, up 11% year-on-year, but slightly less than analysts expected.
Its stock lost 0.62% in electronic trading after the close of the New York Stock Exchange.
In its earnings release, Airbnb argued that the comparison with last year worked against it because the spring of 2022 had been marked by the recovery of tourism thanks to the appetite of travelers restrained during the pandemic.
“We are encouraged by the acceleration in the number of room nights booked in North America compared to last year,” added the group. For the current quarter, Airbnb expects revenue of between $3.3 billion and $3.4 billion, representing growth of between 14 and 18 percent.
