These 23 Words from Airbnb's CEO Could Spell Monster Returns for Investors
Airbnb (NASDAQ: ABNB) posted better-than-expected results for the fourth quarter, sending the stock price up more than 9% since the earnings report. The remote work trends that were lifting the business earlier last year are still intact entering 2022, driving strong growth in nights and experiences booked on the platform.
Co-founder and CEO Brian Chesky sees a sea wave change in how people are traveling that could set the new standard in the travel industry. During the earnings call, Chesky said these 23 important words, "Nearly two years into the pandemic, it's clear that we are undergoing the biggest change to travel since the advent of commercial flying."
To understand what impact this could have on Airbnb's business, let's review what the advent of commercial flight did for travel and why Airbnb is well suited to capitalize on the future of this massive industry.
Source Fool.com
