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Likefolio’s Andy Swan shares sentiment data around Airbnb (ABNB), arguing that it is “lagging peers and under pressure.” The novelty has “worn off” for Airbnb and it has a “long way to go before any sort of turnaround is complete,” he adds. Fees, inconsistent experiences, and other factors are pushing travelers to hotels, while rivals like Vrbo take market share.

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Ca$htag$: Airbnb (ABNB) ‘Lagging Peers’ as Novelty Wears Off

Schwab Network

Ca$htag$: Airbnb (ABNB) ‘Lagging Peers’ as Novelty Wears Off