2024-02-14 13:43:27 ET
Summary
- Despite positive revenue growth year-on-year, Airbnb, Inc. trends have been in decline for two years now. Income from operations and net income trends show high swings.
- Airbnb's bid to disrupt the industry stalls as negative user experiences and high fee variability impact user monetization, with legacy industry becoming net beneficiaries.
- Entering additional highly-catered territories is an interesting choice but will likely be an uphill and costly battle.
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For further details see:
Airbnb Q4: Why It Missed Growth Expectations And Sentiment Is Now Bearish