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While the delta variant is making new ground, people are still traveling, or looking to travel, and they’re not looking to stay at hotels. I’m sure you’ve already started thinking about which stocks that could benefit from this and that you’d like to add to your long-term investment portfolio.
Let me present one candidate that is very well positioned for a strong rebound post-covid, which is Airbnb (NASDAQ: ABNB).
Airbnb is the world’s biggest ‘anti-hotel’ travel company with more than 7 million listings in 100,000 cities worldwide in 2021 and has a market cap bigger than Hilton and Marriot combined.
Impact of the Pandemic on Airbnb
Before covid-19, Airbnb was growing aggressively with a 38% revenue growth …... Keep reading