nasdaqz
It was right around this time last year when Airbnb made their debut on the public markets and started trading on the Nasdaq at a higher-than-expected $146 per share. And the last 12 months have seen no shortage of attention—whether intellectual or financial—paid toward the short-term rental space. For Airbnb, 2021 brought their ‘best quarter ever,’ shattering revenue growth records 36% over their prior heights. High claims by Brian Chesky back in May expecting the ‘biggest travel rebound in a century’ certainly don’t seem to have been overinflated. In their most recent earnings call, Chesky c...
ValueWalk
Sweat was dripping off my forehead. Q3 2021 hedge fund letters, conferences and more It must have been 95 degrees out, and it wasn’t even 10 am yet. And yet, there I was… measuring the outside of a warehouse in rural Louisiana. Before I became a full-time trader and analyst, I was a commercial real estate appraiser in New Orleans. It was a great learning experience. But I wouldn’t call it my dream job. Measuring buildings wasn’t the only thing I disliked about the job…Getting information was also a huge chore. If I wanted to learn about a recent sale or property listing, I’d have to call an ag...
ValueWalk
According to fresh data from Statista, 57% of enquired office workers consider that they are more productive when working from home. This change in perception regarding work and living relationships spawned by the pandemic has increased the market for flexible rentals around the world. Q3 2021 hedge fund letters, conferences and more Uncertainty over COVID-19 and the economic rebound have made tenants feel insecure about what’s next, and they are looking for a more flexible renting model that allows them to rent for shorter periods, at competitive costs, and in more adaptable conditions. Flexi...
ValueWalk
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