leisure

Airbnb: Has the Market Checked Out?

Magic Markets2024-08-15T09:18:51+02:00

Airbnb has suffered a significant sell-off in the share price, with the market very worried about growth prospects. This is the danger of a platform company trading at high valuation multiples that assume ongoing levels of growth. If you look deeper though, Airbnb is a profitable business that has carved out a strong market position. Are they getting it wrong lately though, with a position that puts hosts above travelers? Or are there other reasons for the slowdown?

Airbnb: Has the Market Checked Out?Magic Markets2024-08-15T09:18:51+02:00

Acushnet: Still a Hole-in-One?

Magic Markets2024-07-03T20:32:16+02:00

Is Acushnet a hole-in-one or a potential financial hole? With the resurgence of golf and ongoing growth in the sport during and after the pandemic, those who bought five years ago have a great scorecard. More recent buyers have had a tougher time. Is the company good enough to justify single stock exposure?

Acushnet: Still a Hole-in-One?Magic Markets2024-07-03T20:32:16+02:00

Magic Markets Ep163: Airbnb and Shopify

Magic Markets2024-02-21T17:07:47+02:00

Platform businesses are fascinating things that can make a great deal of money at scale. This week in Magic Markets Premium, we covered Uber and its emergence as a financial butterfly in literally the last year. To keep the platform theme going, we decided to cover Airbnb and Shopify in this week’s free Magic Markets show, made possible by B2IT.

Magic Markets Ep163: Airbnb and ShopifyMagic Markets2024-02-21T17:07:47+02:00

Magic Markets Ep145: Southern Sun and Carnival Corporation

Magic Markets2023-10-04T23:09:27+02:00

Welcome to episode 145 of Magic Markets! The hospitality game is all about occupancy and pricing and getting those two things right. Just because we’re talking about the travel and leisure industry this week, doesn’t mean you can just sit back, kick up your feet and watch your investments compound. Join us on a deep dive into Carnival Corporation and Southern Sun.

Magic Markets Ep145: Southern Sun and Carnival CorporationMagic Markets2023-10-04T23:09:27+02:00

Carnival Corporation: Trying to Stay Afloat

Magic Markets2023-07-12T23:24:23+02:00

Carnival Corporation has delivered an astonishing run in the share price this year, as cruises have started to show signs of recovery. But do shareholders still have enough of the economics to justify this, or have the bankers taken the lion's share?

Carnival Corporation: Trying to Stay AfloatMagic Markets2023-07-12T23:24:23+02:00

Topgolf Callaway: Only For The Short Game?

Magic Markets2023-06-15T07:18:46+02:00

Topgolf Callaway is the victim of a risky and questionable strategy to focus on rolling out entertainment venues with unproven economics. Underperformance vs. its major competitor has been significant, but will this change?

Topgolf Callaway: Only For The Short Game?Magic Markets2023-06-15T07:18:46+02:00

Airbnb: The travel swing

Magic Markets2022-06-21T19:20:52+02:00

Use the podcast player below to listen to our discussion on Airbnb and its Q1’22 result, which accompanies the detailed write-up below: (Date of report: 1 June 2022) Airbnb is about so much more than sharing someone’s apartment in New York. The company was born in the Global Financial Crisis and has survived Covid, confirming the strength of an asset-light platform that manages to become a verb. Airbnb has never made an annual profit, yet it has a market cap of over $76 billion. Travel is in vogue right now in the markets and Airbnb seems better off in inflationary times [...]

Airbnb: The travel swingMagic Markets2022-06-21T19:20:52+02:00

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