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Rental rates are reportedly going down, but that may not be all bad for Airbnb.
Reporting suggests that Airbnb (ABNB 0.75%) rental rates are declining. While that's not great if it's happening across the board, it's also not necessarily bad for Airbnb. In this video, Travis Hoium uncovers the trends to watch.
*Stock prices used were end-of-day prices of June 30, 2023. The video was published on July 2, 2023.
Travis Hoium has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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