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: Rich IPO paydays for Airbnb, DoorDash CEOs lead influential advisory firms to target execs at their first shareholder meetings

: Rich IPO paydays for Airbnb, DoorDash CEOs lead influential advisory firms to target execs at their first shareholder meetings
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Travelers are booking trips online again, but they mostly want the same thing: Not a hotel


Travelers are booking trips online again, but they mostly want the same thing: Not a hotel
MarketWatch
1 hr ago
© AFP/Getty Images
Airbnb and its competitors are seeing a travel rebound.
As more people get vaccinated against COVID-19 and stay-at-home restrictions are lifted, there is little downside for online-travel companies especially if they have a certain kind of inventory.
“There’s nowhere to go but up,” said Sucharita Kodali, an analyst with Forrester. “People will be going back on vacations again.”
Airbnb Inc., Booking Holding Inc. and Expedia Group Inc. all reported quarterly earnings in recent weeks, and had a similar read on the current situation, with slight variations. Airbnb Chief Executive Brian Chesky said on the company’s earnings call last week that he expects a “travel rebound of the century.” Booking CEO Glenn Fogel is feeling pretty good about an industry recovery, too, but because vaccination rates aren ....

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Pivot point for the Biden economy


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12/14/2020 08:00 AM EST
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