While Airbnb is clearly going through a rough patch right now, there is a clear bull-case argument for why Airbnb will emerge stronger than it's ever been after this:
- Airbnb has sufficient cash in the bank to survive the crisis.
- A significant % of hotels and budget chains will not survive the crisis --> decreased competitor supply
- People will be looking for budget options when traveling --> increased demand for Airbnb
- People will seek to make extra income to make ends meet --> increased supply for Airbnb
- Airbnb has sufficient cash in the bank to survive the crisis.
- A significant % of hotels and budget chains will not survive the crisis --> decreased competitor supply
- People will be looking for budget options when traveling --> increased demand for Airbnb
- People will seek to make extra income to make ends meet --> increased supply for Airbnb