You assume you have a choice in playing. Most of the supply will never consider listing on multiple marketplaces, because its a massive hassle. $ABNB is up 48% YTD bucking the rest of the market, they have strong financials and are massively profitable. The growth-at-all-costs play DID work, and now you have no choice but to bend the knee. Edge cases like this will never materially affect their business.
ilikehurdles|3 years ago
Thats pretty cherry-picked, and I wouldn’t look to stock price to make the conclusions you’ve shared. Lots of growth companies are bouncing back after being oversold last year. As another cherry-pick, it’s also down nearly 50% from its 2021 high.
twelve40|3 years ago
But, if the interwebs are correct, airbnb has 7 mil rentals, booking - 6 mil rentals (vacation specifically, not hotels) and vrbo - 2 mil
https://hosttools.com/blog/short-term-rental-tips/vrbo-vs-ai...
whatever advantage airbnb has, they are no longer the only game in town *
* depends on the town
JumpCrisscross|3 years ago
srcreigh|3 years ago