And with the borders being historically kind of locked down and there hasn't been as much travel, the recovery in Asia has been delayed. Now people are starting to travel.

May 9, 2023 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2023-05-09 | transcript 16854d3f-8963-4f22-83be-fe51f43b433d | chars 23120-23291 | segment 23

And what we'd see in 2023 is that marketing costs as a percentage of revenue for the full year will be about the same as what it was in 2022. But what we are doing is shifting some of the timing. We're just getting even... earlier in the year to make sure that we're getting our message out to guests all around the world so that they're ready to kind of make their bookings for kind of peak summer travel season, which is in the summer. And so I think it's just we're getting more efficient and effective at the timing, and we think bringing forward a little bit more marketing into Q1 is a more effective use of our dollars.

Feb 14, 2023 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2023-02-14 | transcript 05475fed-2bf6-47fe-b0a8-3bcb7f6e300e | chars 50738-51364 | segment 51

Well, I think the biggest impact you see with FX is in the cross-border travel, obviously, right? A strengthening dollar gives you the ability for Americans to travel abroad, specifically right now, probably Europe and to the UK. And a weakening euro and pound makes it more difficult for them to kind of travel back But again, if you look at Airbnb, the fact is that people adjust their travel to meet their overall kind of budgets. And as we saw in COVID, people are more willing to, maybe they stay domestically if their budget doesn't allow the cross-border travel, or maybe they stay domestically if they don't feel like they can afford the cost of airline travel. So the FX impact from a consumer standpoint is usually this kind of cross-border impact. And then to, you know, our overall business, we're just seeing that as we, you know, generate, you know, night stayed in euro and pounds, and then we bring them back to the, you know, the U.S., you know, and into the U.S. dollar, we're just seeing the headwind of foreign exchange, which was material in Q1 of the 600 basis points of revenue growth driven by the FX moves. So I'd anticipate Q3 probably would be something less than that to our overall P&L. Thank you.

Aug 2, 2022 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2022-08-02 | transcript 640a03f7-ce0d-4869-8a12-c6d2e0665471 | chars 53469-54695 | segment 54

Um, APAC coming back more strongly, more quickly will certainly help the results, but I don't think it'll be the major driver this year in a North American and European travel.

May 3, 2022 / receipt, needs a key / Dave Stephenson, other | earnings call 2022-05-03 | transcript 19c16bab-8ae3-40d0-b415-21b6fc185aca | chars 42330-42506 | segment 43

No, I think that's I think that's the key, you know, across border travel. You know, it's 33 percent here in Q3, but we're continuing to see strengthening here in October. You know, more continued countries are reducing their travel restrictions and, you know, the travel trends continue to improve.

Nov 4, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-11-04 | transcript fcc809bd-d52d-490f-b3a1-9f222aef99c9 | chars 24759-25058 | segment 25

Sure. We're continuing to see sequential improvement in the net nights booked in October relative to September. So travel restrictions, as they come off, We're continuing to see that sequential increase. We have more global net nights booked in October 21 than we did in 2019. So I think that's a really positive sign for Europe. And there are some week-to-week variations, but the trends continue to be up and to the right.

Nov 4, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-11-04 | transcript fcc809bd-d52d-490f-b3a1-9f222aef99c9 | chars 25378-25802 | segment 26

In fact, the number one source of new hosts or prior guests over 30 of our hosts were guests and that number is continually increasing so these are some of the things we're doing to continue to increase uh the number of hosts around the world and obviously we're going to continue to do a lot more in the coming years ahead dave yeah in regards to aipac i mean it's amazing how resilient the domestic business has been all around the world so we actually see strength in domestic business in all regions i think the Issue has been in Asia and Latin America have typically been more reliant on outbound and international travel to come back. But the domestic businesses within those countries have actually been quite strong.

Aug 12, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-08-12 | transcript 54c0078e-ac96-4cae-b093-f82d0eff023b | chars 38643-39367 | segment 40

Yeah, you know, Europe, what we've seen over the last several months is that the pent-up demand that people have had to travel, it kind of varies a bit by the travel restrictions within those countries. You know, we saw an increase in the people's willingness to book in Q2. They're ready for their summer travel. And we saw a particular kind of strength in areas of Spain and France throughout the year, throughout the quarter, as people wanted to kind of travel for the summer season.

Aug 12, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-08-12 | transcript 54c0078e-ac96-4cae-b093-f82d0eff023b | chars 39836-40322 | segment 41

Well, again, the pullback we're seeing has been incredibly modest. I really don't want to overstate it. I mean, what we're seeing is that Q2 is incredibly strong as people want to travel for Q3, and that our stays in Q3 are incredibly strong, which is driving our strength in revenue and why we're taking that Q3 revenue and profit will be the highest ever.

Aug 12, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-08-12 | transcript 54c0078e-ac96-4cae-b093-f82d0eff023b | chars 40616-40973 | segment 42

The kind of travel people missed was not business travel. It was not mass travel going to crowded destinations. It was really just spending time with people that they've not been able to see during the pandemic.

May 13, 2021 / CFO / receipt, needs a key / Dave Stephenson, CFO | earnings call 2021-05-13 | transcript 9c56365f-1dcf-456c-b41c-420cdfe2a65a | chars 51592-51803 | segment 52