Airbnb Issues 4Q Outlook, Sees Greater Volatility Following 3Q Travel Boom

Posted: November 1, 2023 at 4:13 pm ET By Denny Jacob Airbnb released its outlook for the current quarter in tandem with its latest results. The home-sharing company expects fourth-quarter revenue of between $2.13 billion and $2.17 billion, which would fall between 12% and 14% year-over-year growth. Analysts polled by FactSet had expected $2.18 billion. … Read more

Shanghai International Airport’s Third-Quarter Revenue Rose on Stronger Air Travel Volume

Posted: October 31, 2023 at 9:02 pm ET By Jiahui Huang Shanghai International Airport’s third-quarter revenue jumped 90% from a year earlier, supported by stronger air travel volume. Revenue rose to 3.05 billion yuan ($416.8 million), while net profit was CNY 364.3 million, the company said late Tuesday. tea… By Jiahui Huang Shanghai International Airport’s … Read more