After Amazon Blamed Trump And Olympics, Airbnb Paints Similar Grim Picture Of Falling Consumer Demand, But Says It Is Due To Israel War And New California Law

Airbnb anticipates a decrease in bookings from U.S. customers, attributing the downturn to global events and new regulations in California.

What Happened: During the second quarter earnings call, Airbnb forecasted a “sequential moderation” in nights and experiences booked for the upcoming quarter. The company points to shorter booking lead times and signs of waning demand from U.S. guests.