Airbnb expects its revenue in the first quarter of 2022 to increase by around 60%. Analysts also predict a 32% revenue growth for the entire year. Airbnb is performing well in the current market, showing improved profitability and benefiting from relaxed lockdown measures. Although there may be some challenges due to macro and geopolitical factors, it has the potential to be a successful long-term investment.
Airbnb surged through 2021, but it’s stumbled in 2022 even as the company has reported strong growth on the top and bottom lines. Year to date, the stock is down 42% as investors seem to be betting that the recovery in the travel market will soon fade as fears of a global recession rise.