Finances

Airbnb expects a drop in bookings due to the delta strain

Airbnb expects a drop in bookings due to the delta strain: what will happen to the company’s shares

Airbnb, a rental company, expects the number of bookings on the site to decrease in the third quarter compared to the same period in 2019. Following this announcement, the company's shares fell 4%. Investors can make money on Airbnb in the long term, analysts say

What happened?

Airbnb, an international rental service, has warned investors about a possible drop in bookings in Q3 2021 compared to the same period in 2019 due to the spread of a new strain of coronavirus.

What does it mean?

Despite the fact that in the second quarter of 2021, Airbnb's revenue grew by almost...

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