Airbnb Raises 2026 Outlook On Strong Travel Demand

Airbnb raised its annual revenue growth forecast and announced a new twelve billion dollar share repurchase program. Strong global travel demand drove third quarter results above expectations.

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Airbnb logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

AIRBNB INC-CLASS A raised its annual revenue growth forecast to the high teens on Thursday, driven by resilient global leisure travel demand. The upgrade lifted shares 11% in extended trading following the third-quarter earnings report. The platform is betting on steady international travel despite broader macroeconomic headwinds and geopolitical uncertainties.