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Airbnb, Expedia Flag Demand Hit as Middle East Conflict Drags On
Expedia said the disruptions cut quarterly bookings and room-night growth by about 200 basis points as Airbnb warned cancellations would stay elevated.
May 8 (Reuters) – Online travel agency Expedia’s shares dropped 8% before the bell on Friday, after the ongoing conflict in the Middle East and a travel advisory in Mexico shaved about 200 basis points off its quarterly bookings and room-night growth. International visitors have become increasingly wary of travel to the Middle East following military strikes that led to airspace closures in several countries, disrupting major transit hubs such…
<strong>Airbnb warns that the ongoing conflict in the Middle East could limit the pace of booking growth in the second quarter of 2026, despite better-than-expected financial results at the beginning of the year.</strong>