HomeLifestyleTravel & LeisureTravel Sector (BKNG, ABNB, EXPE): Supply Growing Faster Than Demand?
Travel Sector (BKNG, ABNB, EXPE): Supply Growing Faster Than Demand?

Oppenheimer has an outperform rating on the Booking Holdings (BKNG) stock. However, they have a perform rating on Airbnb (ABNB). "Airbnb management indicated that the supply is growing slightly faster than demand. The seamless onboarding process should aid supply and market share during a recessionary period," says Jed Kelly. Kelly also states that Expedia (EXPE) management plans to continue its marketing investments into the recovery.

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