Good time to buy Airbnb stock?

Intuit
MntX01

Go to company page Intuit

MntX01
May 30, 2021 31 Comments

Airbnb is at 142.5.

According to my research Airbnb has the most organic visitors (around 70%) than any of it’s competitors. Airbnb’s tech and business model is very promising.

True that prices could fluctuate for some time, but I am thinking of buying and keeping it for next few years.

Any thoughts?

#personalfinance #investments

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TOP 31 Comments
  • Intel
    pLvd70

    Go to company page Intel

    pLvd70
    Still I prefer staying in hotels instead of Airbnb.
    May 31, 2021 6
    • New
      der0pol0

      New

      der0pol0
      I’ve been searching for places to live in Miami, NYC, SF recently. I’ve ended up in Airbnb’s for all of those trips since hotels were just so much more expensive.

      For example: Miami recently. 1 month stay. Airbnb cost ~$2200 for a 1bedroom in Brickell. Any hotel was at least $200/day.

      I’d love to circlejerk about “Airbnb bad, hotels good” but they just make more sense financially.
      May 31, 2021
    • Netflix
      sPBD48

      Go to company page Netflix

      sPBD48
      Hahaha single incels?

      I love hotels for short trips with wife. But when the wife, kids, and dog and I are going on vacation for a week, we rent a luxury home (usually over $1000 a night). Just got back from Maui and paid $2,000 a night for 7 nights on a gorgeous serviced villa on the beach that came with a private chef.

      Some of you guys clearly don’t know how to travel.
      Jun 5, 2021
  • Airbnb and hotels both will coexist; I have stayed in Airbnb a lot but we have come to the conclusion that if you stay in Airbnb, we still end up doing cooking and most chores like we do in the house and most Airbnb expect and sometimes just out of courtesy, we end up cleaning the whole house ourselves. Hotels albeit similar or less luxurious atleast make you feel like you are on vacation, we like going to hotel restaurant for breakfast and just getting ready to get out of the hotel and spend time outside. We would Airbnb if we were staying anywhere over 2 weeks because you can’t eat out everyday and kitchen access is comfortable. And if you are in a big group and would like to hang out together, Airbnb is a great option and hotels won’t match that experience. So if you believe that Marriott is a good investment than Airbnb is too. However:

    Consider this:
    - Marriott has a market cap of 46B (largest chain) and revenue of 10B in 2020; 20B in 2019
    - Airbnb has a market cap of 85B (almost double they made a loss of 1B), revenue was only 2.52B (25% of Marriott’s revenue and made a loss too)

    Marriott own a lot of real estate too worldwide so assets are diversified

    There is no logic to why Airbnb even after this dip is double the market cap of Marriott with 80% less revenue. With VRBo and other competitors coming up, the market share will go only reduce. Also, more recently I have found that Airbnb are not necessarily cheaper than hotels. Cleaning and service fee are killer
    May 31, 2021 4
    • They are very comparable - they compete for same customer base, fall in the same industry. Airbnb is a platform for sure but consulting firms put Airbnb in the same sector of hospitality and leisure sector for a reason.

      Anything starting from zero showing growth is natural progression.

      The statement of Airbnb “way more valuable” has a lot of factors and variables to go in Airbnb’s favor but so far the stock price isn’t supported by numbers but emotions.

      I don’t deny that It’s likely for Airbnb to 5x from here than Marriott to even 3x but that will unfortunately be fueled by “perception of value” than the true quantified business.
      May 31, 2021
    • Airbnb
      ruchdstvb

      Go to company page Airbnb

      ruchdstvb
      This article will tell you why ABNB is much better investment than Marriott

      https://seekingalpha.com/article/4379588-airbnballer
      May 31, 2021
  • Yes.
    Think about who is selling you the stocks you want to buy.
    Why are they doing that? Why take your opposite side? What do they know more than you do? Did they come to a different conclusion then you did?
    May 31, 2021 4
  • Airbnb
    ruchdstvb

    Go to company page Airbnb

    ruchdstvb
    Most of ppl who commented on this post shouldn’t but individual stocks and only invest in index funds. Please read this article

    https://seekingalpha.com/article/4379588-airbnballer
    May 31, 2021 2
    • I question the way comparisons were made in that article. Airbnb is an aggregator, while Marriott, Hyatt, Hilton they literally own / self manage their properties. It is never an apples to apples comparison. A much more relevant comparison is Airbnb vs Expedia/Tripadvisor/hotels.com/bookings.com/Agoda. They are all aggregators like Airbnb.

      Airbnb is excellent for long term stays but every single time I have searched for short term stays on Airbnb, I have been left really underwhelmed at price, quantity and quality of the inventory.

      I fully expect Airbnb to do very well market cap wise but I cannot see a future where it is the biggest player in the leisure space.
      Jun 1, 2021
    • Airbnb
      ruchdstvb

      Go to company page Airbnb

      ruchdstvb
      Did you read the article? It’s not an aggregator. Not owning properties is a competitive advantage. Airbnb has more properties than top 10 hotel chains combined but have 0 maintenance fees.
      Jun 1, 2021
  • 👎 stayed air bnb, concerned about its hygiene
    May 31, 2021 1