Airbnb is becoming the default platform for finding a place to stay.
Airbnb has a marketcap of 76.53 billion at close. P/FCF was 76.53 / 3.4 = 22.5 before close. This is honestly quite low considering they are seriously disrupting the hotel industry and is becoming the default platform if you want to find a place to stay.
I have a hard time seeing companies like Marriott, Hilton, and Sheraton competing with this company. When you choose a hotel, you can choose among countless amounts of hotel chains. But if you're looking for a B&B, it would be Airbnb. Their competitors like Vrbo don’t really stand a chance. Letting random people go into your house involves a lot of trust and they have already own the trust from 4m hosts. $abnb $mar $h $hlt
ABNB - Airbnb Total since post: 19.47%
| 30-day since post: 3.03%
| 90-day since post: -10.42%
H - Hyatt Total since post: 7.97%
| 30-day since post: 0.48%
| 90-day since post: -3.07%
HLT - Hilton Total since post: 1.23%
| 30-day since post: -5.34%
| 90-day since post: -4.84%