Airbnb's Q3 Earnings Show People Have More Flexibility in Travel
In its fiscal third-quarter results reported after the market closed on Nov. 4, Airbnb (NASDAQ: ABNB) revealed just how enthusiastic people are to take a little break from everyday life and travel somewhere. Answer: very enthusiastic! And the worldwide travel facilitator is busier than ever these days helping them.
The start of the coronavirus pandemic significantly reduced people's willingness to leave their homes. Thankfully, several effective vaccines against COVID-19 have been developed and administered. That's making folks feel better about leaving their home and traveling. Still, one of the long-term effects of the pandemic on the travel industry -- including Airbnb -- appears to be that people have more flexibility on when and where they can take an extended break.
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Source Fool.com
