Outside of luxury, which is not relevant/affordable to 90% of travelers, there isn't a truly global brand, until now. Google searches reflect that Airbnb has eclipsed the equity of century-old brands, in one decade, across markets big and small. While competitors may have equity in a specific market, no brand sits on the iron throne across all markets as Airbnb does.
So, how to value the gangster of all private gangsters? What is the benchmark and the corresponding multiple? It's clearly not a hotel business, but not a SaaS firm either. However, Airbnb is a tech firm and highly "disruptive." The firm has a greater share of employees with an engineering background than Amazon or Uber.
In 2020, in the private markets, Airbnb shares have traded at a valuation ranging between $15-30 billion. The media pegs the IPO valuation at $30 billion. Put on your seatbelts, as the bankers will have no excuse to not price the shares at the high end of a recast range, and then reward their institutional clients with a Snowflake-like flurry when it begins trading. There's something about weather and cruise analogies that becomes more appealing as you get older.
It's difficult to identify another sector, this large, that has one player more ascendant while the rest of the industry can't touch its nose. The hospitality sector has experienced an unprecedented shock that dwarfs 9/11 or any recession. Recessions, even wars, take occupancy levels down to 60%, or even 50%. No hotel owner or management firm modeled occupancy dropping to 0%.
Airbnb pass
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
How private equity titan Robert F. Smith evaded $43 million in taxes - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good Now investigate Trump, tired of these rich people not paying taxes and middle class has to pay so much, more than likely we are paying their taxes they would not pay. Unpaid because of racism? There may be some protestor funding groups prepared to bail out the debts of the wealthy who are oppressed.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
$9 billion cybersecurity firm Tanium exercises stock buyback clause - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Robbery How classy of them Overvalued again.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Bank of America is offering short-term small-dollar loans for select clients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
8 Silicon Valley law firms leading tech and life sciences practices - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice Booming tech sector = Boom, the sound you'll hear when the tech bubble blows
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
America's COVID response was always doomed to fail - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. pearkes Markets say different
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »