ABNB: Bookings Appeared to Decelerate in September
All three of our datasets tracking ABNB confirmations were weak in September. The “reservation confirmed” dataset turned negative Y/Y during the last week in September after displaying strong Y/Y gains earlier in the month. Our tracking of “receipts” slowed as the month progressed, however the Y/Y trend remained positive. The “Welcome” dataset also displayed a consistent negative Y/Y trend.
Based on these confirmation datasets and slowing web traffic, we believe it’s likely that ABNB’s business slowed in September.
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