I'm More Bullish on Airbnb After 4 Stays This Month

I just got back from two weeks in Europe with my family. We decided to sidestep the cramped comforts of a hotel, something that would've seemed outrageous in my pre-pandemic visits across the Atlantic. Since we were traveling in a group of five, it seemed as if it would be more cost-effective to go the Airbnb (NASDAQ: ABNB) route.

We booked four stays. We had two separate two-night stays in Paris, bookends between a visit to the Disneyland Paris resort. We also had a pair of three-night stays in Madrid and Barcelona. Would the experience leave me more bullish on the stock? Would I return home with more reservations about the investment than the actual reservations I made?

Airbnb hit the market three years ago at $68. The stock has nearly doubled since then, but it's actually trading lower than its $144.71 close on its first day of trading. Success is always relative to your starting line, but the shares are up 57% in 2023.

Source Fool.com