the following chart we compiled sheds some directional light. Well, we knew Airbnb was in the big leagues but its fourth quarter financials put some numbers behind that fact. Airbnb's revenue ...
In 2019, prior to the pandemic, Airbnb, Booking.com and Expedia/Vrbo collectively accounted for just 53% of global short-term rental revenue, according to Skift Research. [See the chart below.] ...
The firm also raised its price target to $185 from $165, noting that Airbnb’s core lodging business alone is worth its current valuation, with additional upside from new revenue streams.
Airbnb shares jumped 15% in extended trading on Thursday after the company reported fourth-quarter earnings and revenue that beat analysts' estimates. Revenue increased 12% from $2.22 billion ...
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