Risk Factors Update Summary
- Addition of B2B businesses to the risk factors, facing competition and potential slower growth.
- Expansion of risks to include adverse macroeconomic conditions, political instability, and natural disasters.
- Increase in long-term indebtedness from $4.8 billion in 2022 to $4.9 billion in 2023.
- Transition in leadership mentioned, with Ariane Gorin succeeding Peter Kern as CEO in May 2024.
- Increase in cash reserves from approximately $3.4 billion in bank depository accounts in 2022 to $4.0 billion in 2023.
- Introduction of AI technologies risks, including fraudulent bookings and competition in AI market.
- Mention of potential regulatory challenges related to short-term rentals and tax implications.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1324424&owner=exclude
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