Summer's Hottest Destination Revealed! Guess Where? 🌞🏖️

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Hey there, Keyholders! 🗝️

We've got a triple treat for you today. We're diving into the world of Airbnb, from the investor's lens to the trending summer destinations. Here's a sneak peek:

• Airbnb's stock dip is a golden opportunity for savvy investors. 📉

• A 30-year-old tech worker is making $20K a month from her Airbnb side hustle. 💼

• Louisville, Kentucky is the top U.S. summer travel destination on Airbnb. 🏇

Airbnb's Stock Dip: A Golden Opportunity? 📉

Alright, let's dive into the world of Airbnb, a company that's been making waves in the travel industry. Recently, the company's stock took a hit due to a weak 2Q22 guidance, but I'm here to tell you why this is actually a golden opportunity for savvy investors.

Airbnb is a quality company with high margins, high returns on capital, a solid balance sheet, and a founder CEO. It's got a bright future ahead, and the recent dip in stock price is a chance for long-term investors to get in on the action at a reasonable price.

The company's 1Q23 earnings were strong, despite what the market might have you believe. Revenue grew 20% compared to 1Q22, reaching $1.8 billion. The company also reported a net income of $117 million, a significant improvement from the loss of $19 million in 1Q22.

Airbnb is also sitting on a cash pile of approximately $10.6 billion, which gives it a lot of flexibility. They've earmarked $2.5 billion for further buybacks, and if the share price remains attractive, this could be extended.

Despite concerns about a potential recession, travel demand remains strong. Data from the US Travel Association shows that March 2023 travel spending was 4% higher than March 2019. Surveys also indicate that a majority of Americans and Australians plan to travel more in 2023 than in 2022.

Airbnb has several growth drivers that should propel it forward in the coming years. They've relaunched Airbnb Rooms, which should attract more hosts and guests looking for a lower price point. They're also focusing on expanding into underpenetrated markets like Asia Pacific and Latin America.

Despite the recent weak guidance, Airbnb's future looks bright. The company is well-positioned to benefit from the continued recovery of the travel industry post-COVID-19. It has the resources to continue investing in its product and marketing, and it has a proven strategy for expanding its reach.

In terms of valuation, Airbnb seems reasonably priced. A 10-year DCF analysis with a 14% revenue CAGR and 16% FCFF CAGR for 10 years gives a valuation of $121.56, which is higher than the current share price of $111.20.

In conclusion, Airbnb is a solid buy for long-term investors. It's a quality company with a bright future, and the recent dip in stock price presents a compelling opportunity. Don't let Wall Street's short-termism fool you - Airbnb is a winner in the long run.

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The Airbnb Side Hustle: A $20K Monthly Income 💼

Let's switch gears and talk about Julia Lemberskiy, a 30-year-old tech worker who's making a killing with her Airbnb side hustle. This savvy investor is raking in up to $20,000 a month in revenue from her Airbnb properties, and her story is a masterclass in strategic real estate investment.

Julia, who currently heads growth at a startup called Double, has always been fascinated by home design. She moved to New York City in 2018 with dreams of buying property, but the city's sky-high real estate prices quickly put a damper on those plans. Instead of buying in the city, she decided to rent and invest in more affordable markets.

Her strategy? Buy undervalued properties in undervalued areas. She looks for communities where significant development projects have been approved, signaling potential for growth. Rather than sinking all her money into one or two expensive properties, she prefers to buy several cheaper fixer-uppers that she can add value to.

Julia currently owns three investment properties: a three-bedroom house on a lake in Walden, New York, a single-family home in West Palm Beach, Florida, and a multi-family property in Albany, New York. She rents five of her units on Airbnb, generating impressive monthly revenues.

Her journey into real estate investment hasn't been without its challenges. Renovating her first property, the lake house in Walden, was a tough and expensive process that almost turned her off real estate for good. But she persevered, and her Airbnb business has given her and her husband financial freedom.

Julia is still on the lookout for more undervalued areas to expand her portfolio. She's considering places like Bridgeport, Connecticut, Schenectady, New York, and even Madeira, Portugal. Her advice to rookie real estate investors? Buy in a place where you'd want to be yourself. If you can see yourself there, it's likely that others can too.

So, there you have it. Julia Lemberskiy's story is a testament to the power of strategic investment and the potential of the Airbnb platform. It's a reminder that with the right approach, real estate can be a lucrative side hustle, even in today's challenging market.

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Louisville, Kentucky: The Top U.S. Summer Travel Destination on Airbnb 🏇

Summer is here, and Airbnb has the scoop on where everyone wants to go for their vacation. According to the home-sharing platform, more than 300 million people are expected to travel this summer, with visits planned to over 72,000 cities and towns worldwide. So, where is the top U.S. summer travel destination on Airbnb? Drumroll, please... It's Louisville, Kentucky!

Now, you might be thinking, "Louisville? Really?" But hear me out. This city has a lot to offer. It's home to the Muhammad Ali Center, the Kentucky Derby Museum, and the Louisville Slugger Museum & Factory. It's as American as apple pie and baseball, making it the perfect summer destination.

Sure, the recent Kentucky Derby might have boosted Louisville's popularity, but there's more to this city than horse racing. There are still some fantastic homes available for rent this summer, including the Bohemian Bluegrass Moroccan Abode, the Highball Speakeasy Lounge House, and a luxurious three-bedroom abode on Whisky Row.

Other trending U.S. destinations on Airbnb include Laconia, New Hampshire; Lexington, Kentucky; Pittsburgh, Pennsylvania; and Panama City, Florida. So, whether you're a fan of horse racing, bourbon, or just looking for a unique summer getaway, Louisville might just be the place for you.

So, pack your bags, book your Airbnb, and get ready to explore the charm and hospitality of Louisville, Kentucky. It's the summer vacation you didn't know you needed.

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That's all for today, folks! Remember, the key to successful investing is staying informed and seizing opportunities. So, keep reading, keep learning, and keep sharing Keys. 🔑