Short-term rental company Airbnb forecast first-quarter revenue to be above Wall Street estimates, expecting a boost from strong cross-border and long-duration bookings. International travel demand, especially in Asia-Pacific and Latin America, is expected to remain strong in 2024 as global air connectivity increases. Airbnb expects first-quarter revenue between $2.03 to 2.07 billion, compared to the average analyst estimate of $2.03 billion. Nights booked grew 12% year-over-year in the fourth quarter to 98.8 million, with the strongest growth in Asia-Pacific and Latin America.
