Airbnb’s proposed public debut this fall, in the middle of a pandemic, is incomparable in many ways. Firstly, the public markets are trading at record highs. And Airbnb’s IPO is another watershed moment. This IPO (and its resulting cash inflow) will allow Airbnb to dominate the best-recovering piece of the travel industry. They want us to see the color, excitement, style, quirkiness,” says Henry Harteveldt, travel industry analyst and President of Atmosphere Research Group.
Source: Forbes August 28, 2020 19:03 UTC