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Airbnb and Expedia join a growing list of travel companies warning that the Middle East conflict is weighing on demand.
Airbnb expects Middle East conflict to reduce Q2 nights and seats booked growth by 1 percentage point.
KEY POINTS
- Expedia forecasts Q2 gross bookings midpoint just below analyst expectations, causing its shares to drop 8%.
- Airbnb raised its 2026 revenue growth outlook to 'low- to mid-teens' percent, higher than previous guidance.
- Cancellations across Europe, Middle East, Africa, and Asia-Pacific are subsiding in April but recently impacted results.
- Travel demand in the U.S., Airbnb's largest market, is beginning to rebound after recent weakness in budget and midscale segments.
COMPANIES
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