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Ca$htag$: Airbnb (BNB) Losing Share to Tradition
Manage episode 493345920 series 3645668
Likefolio’s Andy Swan shares their consumer sentiment data on Airbnb (ABNB). He notes web visits down 10% year-over-year as hotels seem to be gaining. “Airbnb is clearly losing share to traditional hotels…the luster has worn off.” App engagement is also down 3% since last year despite innovative features, and a foray into AI doesn’t seem to be helping.
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5819 episodes
Manage episode 493345920 series 3645668
Likefolio’s Andy Swan shares their consumer sentiment data on Airbnb (ABNB). He notes web visits down 10% year-over-year as hotels seem to be gaining. “Airbnb is clearly losing share to traditional hotels…the luster has worn off.” App engagement is also down 3% since last year despite innovative features, and a foray into AI doesn’t seem to be helping.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-...
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...
Watch on Sling - https://watch.sling.com/1/asset/19192...
Watch on Vizio - https://www.vizio.com/en/watchfreeplu...
Watch on DistroTV - https://www.distro.tv/live/schwab-net...
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
5819 episodes
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