Ca$htag$: BKNG Tech Investments & Competition with ABNB

Likefolio’s Andy Swan presents their “mixed” consumer sentiment data on Booking Holdings (BKNG). He notes that almost all travel stocks are down when comparing the change in visits. However, he says this could be due to technological investment in efficiency. He thinks BKNG can triumph over Airbnb (ABNB) as it incorporates more “alternative” hospitality options.

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