Rick Clarke

I guess you talked about expanding take rate. I assume that this partnership comes at a bit of a cost

Just what percentage of the acceleration in the U.S. has come from that? Any early signs of what cancellation rates might look like on those bookings

What is the size of the headwind you're expecting in Q3 maybe from the events, the Paris Olympics

are you leaning into those operators? Are you or are you confident you can kind of control the AI flow through the Airbnb, Inc. platform?

the the first partners into those AI agents have been the online travel agencies booking TripAdvisor, etcetera. Are you talking to those agents

Qualitatively, have you seen any improvement since the cease fire? How are kind of full year booking trends there?

Would you have expected credit card spending to have accelerated or is the acceleration up to sort of 35% growth all to do with the royalty changes?

making your hotel discoverable, bookable through ChatGPT and other platforms. Do you see that as an opportunity?

your commitment to the residential business and how you're feeling about the long-term outlook in continuing to pursue that opportunity

at your CMD, you guided to non-RevPAR fees growing 12% across 2024 and 2025. Where do you actually expect that to come out

RevPAR plus net unit growth is 7.5%. It sounds like you're going to grow the non-RevPAR fees a bit above that, but you're getting to gross fee growth of only around 5%