It has been a tough year for vacation rental giant Airbnb (ABNB -0.62%). The general bear market and growing pessimism about the future of travel spending have pushed the stock down 49% year to date.
With 2022 coming to an end, many investors are wondering if Airbnb will fall further in the new year or if it’s headed for a recovery in 2023. Let’s take a closer look and see.
A closer look at Airbnb today
Airbnb is the largest vacation rental listing platform in the world with over 4 million…