Airbnb boosts annual sales outlook while spending picks up


Airbnb said there were increased cancellations during the first quarter across the region that includes the Middle East. But overall nights booked still jumped nine per cent from a year ago, thanks to much-stronger growth elsewhere, and topped analysts’ estimates. In Asia, first-time bookers in India grew more than 75 per cent, and in Latin America, Mexico continued to post double-digit nights growth.



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