Airbnb pops on mixed quarterly results

Airbnb pops on mixed quarterly results

CNBC’s Deirdre Bosa joins ‘Closing Bell Overtime’ to talk Airbnb earnings. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are … Read more

‘New phase’ of growth will see company launching new businesses each year

‘New phase’ of growth will see company launching new businesses each year

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Chesky, Airbnb co-founder and CEO, joins CNBC’s Money Movers’ to discuss the company’s new guest and host features, his growth outlook as the company broadens, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more

Travel industry may see growth ‘roughly cut in half,’ says Jefferies analyst

Travel industry may see growth ‘roughly cut in half,’ says Jefferies analyst

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Colantuoni, internet equity research analyst at Jefferies, joins CNBC’s Kelly Evans to talk about the online travel companies and his outlook for the broader travel sector. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the … Read more

Travel is too expensive now — travel demand falls under cost concerns

Travel is too expensive now — travel demand falls under cost concerns

Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. … Read more

Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion

Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated IPOs of the decade, he was among the first people offered a new email service. He had his pick of any identifier he wanted, so he … Read more

Travelers are finally cracking under the pressure of high costs

Travelers are finally cracking under the pressure of high costs

During the second-quarter earnings period, many companies signaled travel demand is expected to drop in 2024. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to … Read more

Airbnb supply is outstripping demand, says Needham’s Bernie McTernan

Airbnb supply is outstripping demand, says Needham’s Bernie McTernan

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Bernie McTernan, Needham Senior Analyst, joins ‘Closing Bell Overtime’ to talk Airbnb’s quarterly results and stock reaction. 03:18 a minute ago Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. … Read more

Did the Olympics cause a boom in travel to Paris? Not this summer

Did the Olympics cause a boom in travel to Paris? Not this summer

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Many people — including residents — avoided Paris in the build-up to the Olympic Games, despite prognostications that a travel boom was all but assured. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s … Read more

San Francisco’s real estate slide continues as office vacancies peak

San Francisco’s real estate slide continues as office vacancies peak

Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm … Read more

Why did Airbnb host reject me? Hosts are looking up travelers online

Why did Airbnb host reject me? Hosts are looking up travelers online

When a woman in her early twenties requested to book Vicky Borman’s one-bedroom Heritage-listed cottage in the English village of St Neots last summer, something didn’t feel right. The user had no reviews on her Airbnb profile, so Borman, who has ‘Superhost’ status on the platform, took to social media to investigate. There it was … Read more