Unfair Sell-Off: AirBNB
The famous
marketplace for short-term apartment rental saw its stocks go down by 15% after
the release of its very strong quarter report. Revenues and earnings beat
analyst’s expectations and reached $2.9 billion, up by 29% year-on-year, and
$1.2 billion, up by 46% year-on-year, respectively. The number of homestays
grew by 25% year-on-year to 99.7 million, or by 31% year-on-year to $15.6
billion. Free cash flow (FCF) over the last 12 months was generated at $3.3
billion or 40% of the revenue. These are extremely strong solid numbers for a relatively
young and rapidly growing venture.
Impressions
are considered to become the fastest growing
drivers for the company in the forthcoming future. The sales of photo sessions,
excursions, and master classes – which are additional services for rentals - are
expanding. Even the idea of traveling is being redesigned by AirBNB as now the
user may scan interesting apartments he or she wants to rent, and then decide
if they want to travel to the seaside or to snowy mountains.
BNB stocks are
seen to be very attractive for long-term investments. The hospitality industry has
greatly recovered from the pandemic, and is looking for a vast number of
employees.
Disclaimer:
The comments, insights, and reviews posted in this section are solely the opinions and perspectives of authors and do not represent the views or endorsements of RHC Investments or its administrators, except if explicitly indicated. RHC Investments provides a platform for users to share their thoughts on financial market news, investing strategies, and related topics. However, we do not guarantee the accuracy, completeness, or reliability of any user-generated content.
Investment Risks and Advice:
Please be aware that all investment decisions involve risks, and the information shared on metadoro.com should not be considered as financial advice. Always conduct thorough research, seek professional advice, and exercise caution when making investment decisions.
Moderation and Monitoring:
While we strive to maintain a respectful and informative environment, we cannot endorse or verify the accuracy of all user-generated content. We reserve the right to moderate, edit, or remove any comments or posts that violate our community guidelines, infringe on intellectual property rights, or contain harmful content.
Content Ownership:
By submitting content to metadoro.com, users grant RHC Investments a non-exclusive, royalty-free license to use, display, and distribute the content. Users are responsible for ensuring they have the necessary rights to share the content they post.
Community Guidelines:
To maintain a positive and respectful community, users are expected to adhere to the community guidelines of Metadoro. Any content that is misleading, offensive, or violates applicable laws and regulations will be subject to moderation or removal.
Changes to Disclaimer:
We reserve the right to update, modify, or amend this disclaimer at any time. Users are encouraged to review this disclaimer periodically to stay informed about any changes.
