This Airbnb competitor will ooze gold if growth trajectory remains unchanged – Analysts: Clear buy paper

The price of HomeToGo, Airbnb’s competitor brought to the stock market by the Spac company, has fallen clearly in recent years, even though the operational development has been strong. All analysts following the company give the stock a buy recommendation.

Airbnb, which offers apartment rentals, revolutionized the accommodation business. In large tourist cities, the supply of accommodation increased, so the prices of hotel rooms fell especially during the high season, Chiara Farronata, assistant professor at the Harvard University School of Economics, and Andrey Fradkin, PhD researcher at MIT, estimated in their study published in 2018.