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Normally, a company like Airbnb would be susceptible to that pressure, but the home-sharing leader actually earns significant profit from interest income thanks to the funds it holds in between customer bookings and disbursement.
Those tailwinds might not be permanent for Airbnb, but the current strength of the travel sector shows its advantages over other consumer-facing industries.
Cost basis and return based on previous market day close.
The #1 home-sharing platform has delivered better-than-expected growth, solid margins, and it's leveraging AI to improve user satisfaction.