As the pandemic-related restrictions are lifted, Airbnb has al | 🚀 Robin Rocket

As the pandemic-related restrictions are lifted, Airbnb has already delivered higher-than-expected 1Q2021 financial results.

KeyBanc analysts are optimistic about the company.

Airbnb $ABNB is an online marketplace for listing and searching for short-term private rentals around the world.
Target price from Keybanc - $180, growth potential +22%

Keybanc theses for the growth of the company:

• Growth in the tourism sector. Around the world, restrictions on international travel are easing and the rate of vaccination is increasing. The company expects a tourism boom, which will benefit its revenues.

• Improving the efficiency of the application. The company has added over 100 new tools and features to its app and website that improve many aspects of its experience.

• Low advertising costs. Airbnb spends far less on advertising than its competitors, as 90% of its traffic is from visitors coming directly to the site. This factor makes the company more immune to higher digital ad prices and provides more room to increase margins when revenue growth accelerates.