Airbnb Inc (ABNB)

[Henry_Jones0789]

Airbnb: Tailwinds Will Become Headwinds

Airbnb (NASDAQ:ABNB) provides a marketplace for short-term rentals which has witnessed a surge in demand over the past few years. Consumer spending power is declining rapidly and a softening of labour markets is likely to reduce the amount of remote work. A normalization of demand for short-term rentals will pressure Airbnb's growth and profit margins and it is not clear that this has been priced into the stock. Airbnb estimate that their serviceable addressable market is currently 1.5 trillion USD, and that their total addressable market is 3.4 trillion USD.

[url][/url][tag]https://seekingalpha.com/article/4551104-airbnb-tailwinds-will-become-headwinds [/tag]