Airbnb: Here Is The Price I Will Buy Aggressively (Again)

Summary:

  • Airbnb’s business model enables it to print money.
  • Free cash flow, share buybacks, and rock-solid balance sheet make it an attractive stock.
  • What is an attractive price with storm clouds on the horizon?
Dog Ready for Vacation

ktmoffitt/iStock via Getty Images

The travel industry is a mixed bag right now. Total travel spending in the U.S. is down only slightly from 2019. A recession hasn’t materialized (yet), and air travel is strong. For instance, Las Vegas recorded its third-highest passenger total ever this summer.


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