Airbnb warned on Tuesday that more cautious US consumers would weigh on sales in what is normally its peak quarter, in the latest sign of how the impact of faltering demand is being felt by companies across the economy.
The home rental platform’s revenue for the current period — which includes the summer holiday season — is expected to register between $3.67bn and $3.73bn, below analyst expectations for $3.84bn.
That marks a deceleration in year-on-year sales growth, to 8-10 per cent compared with 11 per cent in the three months to June 30.
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