With some cities suffering housing shortages, Airbnb is eyeing long-term stays.The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19).“Stays of 30 to 90 days, monthly stays, the seasonal stays, I think that’s a huge growth opportunity,” said Chesky, per the report.Long-term rental bookings have grown in recent years, accounting for 17% to 18% of the company’s busin ...

You won't be charged a penny during the free trial, so you have nothing to lose and everything to gain.If you want full access to our Portfolio and all our current Top Picks, feel free to join us at High Yield Landlord for a 2-week free trial.Currently, real estate investment trusts, or REITs ( VNQ ), are surging in value and the sector is attracting plenty of new investors, hoping to capture the gains of the recovery.He is the leader of the investing group High Yield Landlord , where he shares his real-mon ...

The most recent trading session ended with Airbnb, Inc. (ABNB) standing at $122.42, reflecting a +0.25% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%. The the stock of company has risen by 4.04% in the past month, leading the Computer and Technology sector's loss of 1.17% and the S&P 500's gain of 1.57%. Market participants will be closely following the financial results of Airb ...

Airbnb (NASDAQ: ABNB ) stock has essentially gone nowhere since its IPO in 2020. Meanwhile, the business has improved significantly, generating high amounts of free cash flow since 2021 . Moreover, Airbnb has a good amount of growthI objectively search for undervalued stocks of any size across a wide variety of industries using quantitative methods that I've thoroughly backtested for success. I believe the numbers are more important than the story (most of the time), as they tend to paint a more realistic p ...

Airbnb, Inc. (ABNB) closed the most recent trading day at $117.36, moving +1.21% from the previous trading session. This change outpaced the S&P 500's 0.75% gain on the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1%. Shares of the company witnessed a loss of 0.24% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.48% and the S&P 500's gain of 4.03%. The investment community will be paying close attention to the earning ...

Airbnb, Inc. (NASDAQ:ABNB) Goldman Sachs Communacopia + Technology Conference September 9, 2024 7:25 PM ET Company Participants Ellie Mertz - Chief Financial Officer Conference Call Participants Unidentified Analyst All right, I guess in the interest of time, we're going to get started since the mics have started to work. So I know people are still trickling in, but we will get started in the interest of time. It's my pleasure to have Airbnb back at the conference this year, and Ellie Mertz, Chief Financia ...

Airbnb, Inc. (NASDAQ:ABNB) Goldman Sachs Communacopia + Technology Conference September 9, 2024 7:25 PM ET Company Participants Ellie Mertz - Chief Financial Officer Conference Call Participants Unidentified Analyst All right, I guess in the interest of time, we're going to get started since the mics have started to work. So I know people are still trickling in, but we will get started in the interest of time. It's my pleasure to have Airbnb back at the conference this year, and Ellie Mertz, Chief Financia ...

It has been about a month since the last earnings report for Airbnb, Inc. (ABNB) . Shares have added about 2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Airbnb due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Airbnb Q2 Earnings Miss Estimates, Revenues Up Y/YA ...

Airbnb Inc. (ABNB) has seen its stock price plummet 21.1% in the past three months compared with a 13.5% decline in the Zacks Internet-Content industry and against a rise of 1.7% in the broader technology sector, leaving investors wondering whether to maintain their positions or cut their losses. This significant decline prompts a closer examination of the company's fundamentals, market position and prospects to determine the best course of action for shareholders. ABNB, which is a leading booking platform ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...