a new trend in realtor sector

Airbnb Hits $200/share and Gets Into Short-Term Office Space business.

Hospitality is dispersing; from a few destinations to many, from hotel towers to individual rooms — and value is shifting from asset-heavy hotel companies to the network-based Airbnb. Airbnb is a juggernaut. It has the strongest brand in hospitality (nobody says, “I got an Expedia in Austin”), a deep moat (seven million rooms worldwide), impressive human resources in design and technology, and a greater percentage of engineers than many other “tech” companies.

The next phase in Airbnb’s strategic evolution is already in sight, courtesy of the pandemic. As knowledge workers come back to the office after a year of working from home, they won’t want to give up their newfound flexibility. The rise of gig workers, freelancers, and remote work will drive a surge in what we used to call coworking, and Airbnb is best positioned to get in front of these trends.

Working from home is the dispersal of work. Covid-19 has mobilized a trillion-dollar reallocation of capital from commercial to residential real estate. The capital and time we once committed to offices and commuting will pour into home improvement. The carpet that looked sad and old pre-pandemic is now intolerable, and your TV is not complete without a smart gig as your laptop and sound beam with zoom. Both plywood costs and residential real estate market prices have hit all-time highs and will continue to ascend.

team Vibrant Bharat