ABNB - Will be in my long term portfolio soon
2021 will still be a rough year for the company but when travel is in full swing this will probably be the best investment after five years.
-Airbnb went public at a time when the hospitality industry is at is lowest point
-The tech company has better margins than any other travel service company including Expedia, booking and Priceline. (They are worried)
-Experiences is another product but I don't expect it to do well. Rather than that I hope they start making acquisitions like turo (peer to peer car lending)
Just me ranting at night but good luck!
-Airbnb went public at a time when the hospitality industry is at is lowest point
-The tech company has better margins than any other travel service company including Expedia, booking and Priceline. (They are worried)
-Experiences is another product but I don't expect it to do well. Rather than that I hope they start making acquisitions like turo (peer to peer car lending)
Just me ranting at night but good luck!
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