Here's Why Airbnb Could Report Record Revenue in Q3
Most investors would be surprised if Airbnb (NASDAQ: ABNB), a travel company, reports record revenue in the middle of a worldwide pandemic. After all, the company suffered a substantial drop in revenue during the initial stages of the coronavirus pandemic last year.
Sure, things have improved for Airbnb as vaccines were approved and the number of fully vaccinated people increased. The fact that folks can find Airbnb properties that are not as crowded as hotels is also helping.
But are things going so well for Airbnb that it can safely forecast a record revenue figure in Q3? Let's take a closer look.
Source Fool.com
