Core Viewpoint - Analysts expect Airbnb, Inc. to report quarterly earnings of $0.93 per share, reflecting an 8.1% year-over-year increase, with revenues projected at $3.03 billion, up 10.3% from the previous year [1]. Earnings Estimates - Over the last 30 days, there has been a 0.6% upward revision in the consensus EPS estimate for the quarter, indicating a collective reassessment by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Projections - Analysts project that 'Gross Booking Value' will reach $22.69 billion, compared to $21.28 billion reported in the same quarter last year [5]. - 'Nights and Experiences Booked' is expected to total 130.76 million, up from 125.10 million in the same quarter last year [5]. - The 'Gross Booking Value per Night and Experience Booked (ADR)' is projected at $170.35, slightly above the $169.53 reported in the same quarter last year [6]. Stock Performance - Over the past month, Airbnb shares have recorded a return of -3%, while the Zacks S&P 500 composite has increased by 2.3% [6]. - Based on its Zacks Rank 3 (Hold), Airbnb is expected to perform in line with the overall market in the upcoming period [6].

Core Viewpoint - The online accommodation booking market is experiencing significant growth, with an annual growth rate exceeding 10%, but it faces challenges such as booking inconsistencies, data privacy issues, and unclear responsibilities between platforms and service providers [1][2]. Group 1: Market Growth and Challenges - The global online accommodation booking market has been growing at an annual rate of over 10% in recent years [1]. - Challenges in the industry include issues like overbooking, inability to modify or cancel reservations, discrepancies between service descriptions and actual services, and data privacy concerns [1]. - The lack of clarity regarding the responsibilities of platforms and accommodation providers can lead to consumer disputes [1][2]. Group 2: New Standards and Regulations - Two international standards, the "OTA Online Accommodation Booking Platform Service Guidelines" and "Exhibitions and Events Part 1: Terminology," have been published by the International Organization for Standardization (ISO), led by China [1][2]. - The guidelines aim to standardize services on online accommodation booking platforms, enhancing responsibility clarity, information transparency, and dispute resolution mechanisms [2][3]. - The standards address issues such as the need for clear cancellation policies and the prohibition of unfair trading conditions based on user data [3]. Group 3: Impact on the Industry - The implementation of these standards is expected to enhance the reputation of "Chinese services" and encourage international tourists to visit China with confidence [4]. - The unification of online accommodation booking service standards across countries will help reduce information asymmetry and provide a consistent experience for Chinese tourists abroad [4]. - The standards have already been adopted as national standards in countries like the UK and Bulgaria, indicating a trend towards more regulated and sustainable development in the global online travel industry [4].

Core Points - The article discusses the establishment of two international standards led by China in the online tourism and exhibition sectors, marking a shift from being a follower to a leader in international standards [1][7] - The standards aim to address long-standing issues in the online travel booking industry, such as unclear service standards, data privacy concerns, and complex cancellation policies [1][4] Group 1: Online Tourism Standards - The ISO 9468:2025 standard focuses on the entire service process of online accommodation booking, introducing ten innovative measures including the prohibition of bundled consumption and mandatory accessibility services [1][2] - The standard emphasizes the need for clear communication of cancellation policies to enhance user experience and reduce disputes [2][4] - It also suggests that platforms should ensure transparency in pricing and avoid hidden charges, thereby protecting user rights and reducing involuntary consumption disputes [2][3] Group 2: Accessibility and User Rights - The standards include a checklist of key accessibility features to ensure that services are available to all users, including the elderly and disabled [3][4] - They advocate for the provision of booking information in various formats (text, audio, Braille) to cater to diverse user needs [3][5] - The standards aim to create a stable dispute resolution mechanism and enhance consumer rights protection, thereby improving the international competitiveness of Chinese platforms [3][7] Group 3: Exhibition Standards - The second standard, ISO 25639-1:2025, addresses the lack of unified terminology in the exhibition industry, particularly in the context of digital transformation [5][6] - It introduces 39 new digital-related terms to facilitate better communication and collaboration across borders [5][6] - The establishment of these standards is seen as a way to reduce transaction barriers and enhance the efficiency of global tourism and exhibition activities [7][8] Group 4: Industry Impact - The introduction of these standards is expected to help Chinese companies better integrate into the global market and promote fair competition under unified rules [8] - They are anticipated to enhance user trust and promote responsible practices within the industry, contributing to sustainable development [5][8] - The standards are also viewed as a means to lower cross-border transaction costs and facilitate international tourism service trade [7][8]