Online travel agency Booking Holdings said growth moderated at the start of the current quarter as global flight cancellations and long waits at airports deterred pandemic-weary travelers.
Booking's peer, vacation rental Airbnb, also flagged moderate reservations on Tuesday and forecast current-quarter bookings similar to the previous one.
Booking expects record current-quarter revenue showing confidence in the faster-than-expected recovery despite rising air fares and hotel tariffs.
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