Airbnb is using technology to stop disruptive parties before they start. The online marketplace for short-term rentals uses machine learning-powered “anti-party technology” to identify bookings that could be a higher risk for a disruptive party, it said in a Thursday (Dec. 11) press release.
Airbnb is upgraded to Buy as bookings rebound, free cash flow surges, and valuation becomes attractive after recent underperformance. ABNB delivers 14% y/y gross bookings growth, outpacing most OTA peers, with product enhancements and flexible policies fueling demand acceleration. Expansion into services and disciplined share repurchases support long-term growth and shareholder value, with fully diluted share count down 3% y/y.
Recently, Zacks.com users have been paying close attention to Airbnb (ABNB). This makes it worthwhile to examine what the stock has in store.
| - Industry | - Sector | Brian Chesky CEO | BVL Exchange | US0090661010 ISIN |
| US Country | 7,300 Employees | - Last Dividend | - Last Split | - IPO Date |
Airbnb, Inc., a leading figure in the world of online accommodations and experiences, provides a platform that connects hosts with guests across the globe. Offering a diverse range of lodging options, from private rooms and primary residences to vacation homes, Airbnb has revolutionized the way people travel and experience new destinations. Initially known as AirBed & Breakfast, Inc., the company underwent a name change to Airbnb, Inc. in November 2010, marking a significant milestone in its journey since its inception in 2007. With its headquarters nestled in San Francisco, California, Airbnb remains at the forefront of offering unique stays and memorable experiences to travelers worldwide, facilitated through its innovative online and mobile device platform.
Designed for solo travelers or those seeking an affordable and cozy option, private rooms allow guests to rent a single room within a larger property. This offering provides a unique blend of privacy and social interaction, as guests can have their own space while still interacting with their hosts or other guests in shared areas.
For travelers looking for a more authentic experience or families needing additional space, Airbnb's primary home rentals offer guests the opportunity to stay in fully-furnished, lived-in homes. This service caters to those wishing to immerse themselves in the local culture and live like a local during their stay.
Vacation homes through Airbnb cater to those seeking a getaway, whether it's a beach house, a mountain cabin, or another unique property. This option is perfect for groups, families, or anyone looking for a more luxurious or secluded lodging experience away from the hustle and bustle of city life.