Comment Comment by s1artibartfast Airbnb has a PE of 22 and is a money printing machine. Airbnb makes 10x the profit of Hyatt, which has a PE of 75.Use case of hotels might be bigger, but it is a highly contended market. Airbnb has a huge chunk of a smaller market.Also, the margins are much better on hosting a website than building hotels and paying thousands of service employees. parent s1artibartfast 2 years ago
Use case of hotels might be bigger, but it is a highly contended market. Airbnb has a huge chunk of a smaller market.
Also, the margins are much better on hosting a website than building hotels and paying thousands of service employees.