Airbnb shares suffered their biggest decline since going public due to a disappointing outlook and warning of slowing demand from US holidaymakers
Second quarter bookings for Airbnb increased by 8.7pc, falling below analysts’ estimates
Airbnb anticipates a slowdown in growth for the third quarter, with a sequential moderation in bookings
Analysts had projected an 11pc gain in bookings for the peak summer travel season, which is now expected to fall short
