Summer travel: What earnings are saying about consumer demand

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Madison Mills Notícia

ABNB,Airbnb,Hyatt Hotels

Lodging booker platform Airbnb (ABNB) topped first-quarter revenue and earnings estimates, but the stock is falling on its second-quarter forecasts despite...

, but the stock is falling on its second-quarter forecasts despite seeing experience bookings and app engagement rise year-over. What are the performance of travel companies signifying about consumers'We've been talking about how maybe the weakness that we're seeing in the consumer when it comes to some of these consumer facing brands think you're Starbucks or McDonald's.We've been saying, Hey, that's OK because they're still spending on travel and services.

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"I Never Expected To Travel Here, But I'm So Glad I Did": Travelers Are Sharing Low-Key Destinations To Put On Your Bucket List ImmediatelyBankruptcies are spiking as companies lose hope of rate cuts

 

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