Re:Airbnb’s Stunning IPO
by dehrmann on Friday December 11, 2020 @12:39PM
(#25388371)
As others have said, you need to look at growth. You also need to look at margins. Another big difference is a lot of hotel chains are a mix of franchised-out locations and owned-and-operated locations. Airbnb is effectively "franchised," but I'm not sure how different their take is compared to a Motel 6. There's also a question of how much pandemic behaviors will stick.
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