BTIG tells investors that the firm’s quarter-to-date checks point to a moderation in trends for Airbnb (ABNB) in contrast to what it is seeing in tracking for online travel agency peers. Site traffic comps for Airbnb deteriorated by several points over the first half of Q2 versus improving trends in checks for Booking (BKNG) and Expedia (EXPE), according to the analyst, who maintains a Neutral rating on Airbnb and a preference for Booking.
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Read More on ABNB:
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