Real Estate
Airbnb Jumps Most in Two Years on Rosy Outlook, Bookings Beat
- Growth picked up across regions, led by APAC and Latin America
- Firm to invest as much as $250 million in new products in 2025
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Airbnb Inc.’s stock surged the most in two years after the company issued an upbeat forecast for the first three months of 2025, citing “continued strong demand” after a bustling holiday travel season.
For the January-to-March quarter, it sees the key metric of nights and experiences booked growing at a “relatively stable” pace compared with the same period last year, which saw a roughly 8.5% gain not including Leap Day, the company said in a statement Thursday. Wall Street was projecting an 8.3% increase for the current period, according to Bloomberg-compiled estimates.