Evaluating Airbnb's (ABNB) Path Forward- Insights From Q4 FY12/2023 Earnings
The road ahead will not be easy
Airbnb saw a 14% increase in bookings and achieved $73.3 billion in gross booking value in 2023.
Fourth-quarter revenue reached $2.2 billion, marking a 17% growth compared to the previous year.
Gross margin remains strong at 83%.
Supply continues to grow in double digits year over year.
Challenges lie ahead for Airbnb's growth trajectory.
DISCLAIMER: This no…