Airbnb Inc. (ABNB, Financial) reported its full-year 2023 earnings last week, and the results were much better than expected. The company divulged that travel demand surpassed expectations and there were indications in its metrics that implied demand would sustain throughout the year. In addition, the San Francisco-based company announced a $6 billion share buyback program. This is a new buyback program in addition to the $2.25 billion worth of shares it had already repurchased using its own free cash. With ...

Since its founding in 2007, Airbnb (ABNB -1.68%) has quickly become a major disruptor in the global hospitality industry. It reported $73 billion of gross booking value (GBV) and 448 million nights and experiences booked in 2023. The business currently counts 5 million hosts listing 7.7 million different properties. This is tremendous scale that has been achieved in less than two decades.Thanks to such remarkable success, it's easy for investors to put the blinders on and assume this growth tech stock is in ...

Both Airbnb (ABNB -1.68%) and Uber Technologies (UBER 0.22%) recently reported their fourth-quarter 2023 financial results, demonstrating ongoing momentum that these businesses are benefiting from in the face of macro uncertainty. The two gig-economy heavyweights have some serious investment merit.But are these phenomenal growth tech stocks worthy of Warren Buffett's investment consideration? There are three reasons I can identify why the Oracle of Omaha would likely love to add Airbnb and Uber shares to Be ...

A lot of stocks are marching higher after announcing their latest financial results. And it’s not only the “Magnificent 7” that have momentum in their share price. Many smaller, less well-known companies are seeing their stocks climb upwards after delivering earnings that surpassed the expectations of analysts and impressed investors. Equally important has been strong forward guidance, which is serving as a catalyst for many companies. Investors looking to give their portfolio a lift should consider taking ...

Airbnb, Inc. (ABNB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +5.7% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Internet - Content industry, to which Airbnb, Inc. belongs, has gained 5.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumo ...

When you imagine booking a camping trip on Airbnb, you might have visions of glamping under the stars in a luxurious bell tent.Perhaps there’s even a rustic hot tub waiting for you to take a dip, before you cozy up by a crackling fire, marshmallow stick in hand.But then, as you scroll through the listings, eager to make this dream a reality, you stumble upon an Airbnb offering that brings you crashing back down to earth. Titled “Large Tent Near The Beach,” this listing promises an experience far removed fro ...

In the marketplace, tech advancements reign supreme. These three market disruptors are positioning themselves to transform various industries. Their revolutionary business models have a steadfast focus on strategic growth.Read more to delve into the strategies and triumphs of these market disruptors. Unravel the secrets behind a potential to triple your investment. From expanding accommodation inventories to scaling telehealth services, these growth stocks serve as a roadmap towards a considerable price ret ...

Airbnb's (ABNB -3.29%) core business is performing extremely well and spitting out lots of cash. But the vision for the company changed in 2023.In Airbnb's recent conference call, CEO Brian Chesky outlined how he saw artificial intelligence enabling growth into new markets, which could make Airbnb a much bigger company.*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024. ...

Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) properties in the UK are being targeted by new rules aimed at improving the rental market. New restrictions on short-term letting were launched today, requiring new planning permission if a house is going to be rented out for more than 90 days in a year, which would imply the property is being used mostly as an Airbnb let or on another platform. The short-term letting rules also include plans to set up a national register of properties being used for short-term letting with ...

Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) could face a decline in the number of short-term lets available in the UK under new plans proposed by Michael Gove. Hosts will need to receive planning permission before they can rent out short-term lets through property rental sites such as Airbnb, the new legislation stated. It comes as the housing secretary hopes to protect both locals in seaside towns across the UK who are “being shut out of the housing market” and traditional B&Bs and hotels which are losing customers ...