Investors Should Invest in Airbnb Today, Here’s Why

Airbnb (NASDAQ:ABNB) was heavily affected by the pandemic. With the number of regulations being set onto most forms of travel, how wouldn’t it?

Luckily, with most restrictions getting lifted by the day, Airbnb has been recovering for a while now. And believe it or not, one could argue that it’s stronger than it’s ever been, even when compared to its pre-pandemic numbers. But that’s not all.

Want for us to let you in on a secret? Their stock prices have yet to reflect this change.

Travel Rebound Is Giving Airbnb a Second Life

Airbnb has recently released its report for the third quarter. Their revenue increased 36% compared to their numbers for 2019’s third quarter, shortly before the pandemic was declared.

For reference, their 2019 revenue translated to $267 million USD back then. Meanwhile, their revenue for 2021 now translates to $834 million USD. If that’s how Airbnb’s figures look with an ongoing pandemic, imagine how they could look once it’s finally over.

To simply put it, people are starting to feel comfortable travelling just as they used to. And what Airbnb has to offer them is something of great value. Not to mention, Airbnb provides these services with great quality, which only adds to their already desirable competitive advantage.

That being said, Airbnb’s stock prices have not increased that much from their pre-recovery values, and throughout 2021, they’ve only risen by 12%. Our theory is that some investors remain skeptical about travel-based stocks regardless of the reality.

But that’s a good thing for everyone who thinks otherwise since we can get some Airbnb stock for a bargain price. Once the pandemic is over, we hope that their stock values will start catching up to their actual performance, which means we could see some tremendous growth in record time.