Aug 6 (Reuters) - Vacation rentals company Airbnb ( ABNB )

forecast third-quarter revenue above Wall Street

estimates on Wednesday and announced a new share repurchase

program worth $6 billion.

Growth of nights booked in the U.S. accelerated each month

throughout the quarter ended June, driven by domestic travel,

San Francisco-based Airbnb ( ABNB ) said, adding that it was encouraged

by the trend for the current quarter.

Several travel firms, like United Airlines and

Wyndham Hotels, saw a recovery in U.S. travel demand

after a slowdown in April, when consumers initially pulled back

spending due to President Donald Trump's shifting trade policy.

Airbnb's ( ABNB ) average daily rates, or the average cost per night,

in North America rose 3% in the quarter, driven by strong demand

for higher-priced listings.

This trend is consistent with other travel companies,

including hotel operator Marriott ( MAR ), where bookings for

upscale properties and premium offerings helped offset weak

demand in the budget segment.

Excluding the impact of foreign exchange, ADR in Q2 2025

increased 1% and was up across all regions, largely due to price

appreciation, the company said.

Nights and seats booked, an updated metric which includes

the number of services booked, on Airbnb's ( ABNB ) platform rose 7% in

the second quarter, while gross booking value increased 11% to

$23.5 billion.

Airbnb ( ABNB ) expects third quarter revenue between $4.02 billion

to $4.10 billion, the midpoint of which is higher than higher

than analysts' average estimate of $4.05 billion, according to

data compiled by LSEG.

However, the company cautioned that despite stronger night

bookings in North America, growth could moderate given tougher

year-over-year comparisons in the third and fourth quarters.

It expects the implied take rate, or the ratio of revenue to

gross bookings, to remain flat in the third quarter.

The travel company posted a per-share profit of $1.03

compared to 86 cents in the same period last year.