Hotels have struggled to compete with the lower prices available through Airbnb. Whilst many travelers still want to stay in a traditional hotel, the reduction in hotel bookings means that there ...
Airbnb is also generally more convenient ... a 90% or higher response rate (meaning they actually reply to your queries in a timely manner), a cancelation rate of less than 1% (barring some ...
On this front, Airbnb fares very well, with roughly $9 billion of net cash. This means that roughly 11% of its market cap is made up of cash. A setup, that I believe adds a second layer of margin ...
Airbnb's solid revenue and profit growth have made it an appealing stock since its 2020 IPO. Investing in Airbnb involves buying shares through a brokerage and maintaining a diversified portfolio ...