Airbnb's gloomy forecast weighs on hotel, airline stocks

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

NEW YORK: A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday (May 10) as an expected slowdown in bookings signalled an impending slump in travel demand with consumers seeking cheaper accommodation amid inflation and recession fears. Airbnb, which reported a 20

NEW YORK: A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signalled an impending slump in travel demand with consumers seeking cheaper accommodation amid inflation and recession fears.

Airbnb's forecast will heighten caution in the travel sector, which encompasses hotels, airlines, and vacation rental firms, according to an investor note by JPMorgan analysts, led by Doug Anmuth. The S&P 1500 Airlines index was down about 3 per cent on Wednesday, with Delta Air Lines Inc, American Airlines Group Inc, and Southwest Airlines Co among the biggest losers.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인