Airbnb Is "Expanding Beyond the Core" and Growth Has Just Begun

By Travis Hoium – Feb 16, 2024 at 7:15AM

NASDAQ: ABNB

Airbnb

Market Cap

$105B

Today's Change

(0.75%) $1.22

Current Price

$164.23

Price as of April 26, 2024, 4:00 p.m. ET

Airbnb aims to be much more than a short-term rental platform over the long term.

Airbnb's (ABNB 0.75%) core business is growing steadily, but management has long talked about expanding beyond the platform that you see today. In this video, Travis Hoium discusses both the recent earnings report and what management said about building "beyond the core" in 2024.

*Stock prices used were end-of-day prices of Feb. 14, 2024. The video was published on Feb. 15, 2024.

Travis Hoium has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb and Booking Holdings. 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.