Airbnb valuation would put it near top of lodging space
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TR Number
Date
2020-12-01
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Publisher
Hotel News Now
Abstract
In preparation for the IPO, Airbnb announced that they are expecting price shares at a maximum of $50, which values their company's market capitalization about $35 billion. This remarks the significant increase compared to a previous recent valuation of $18 billion and takes it second place in the publicly traded lodging industry.
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Keywords
Hotel, Alternative lodging, Airbnb, IPO