Fans, visitors and members of the community enjoy free items during the "100 Seasons" celebration for the Packers on Sunday, Aug. 11, 2019, at Lambeau Field Atrium in Green Bay, Wis.
I didn't realize it at the time, but I was an early adopter of Airbnb (NASDAQ: ABNB), having used the short-term rental platform often, both domestically and internationally, for more than a decade.
That means more property owners will likely increase the number of options available to visitors. It's likely the more listings available on VRBO or Airbnb, the more prices will continue to decline.
Housing prices were down in two thirds of the ZIP codes across metro New Orleans in 2024, due to the rising costs of insurance and borrowing money. But there were pockets of growth, however slight.
For starters, Airbnb has a brand moat. There are some growing competitors, yes, but around 90% of its traffic is organic. In other words, management isn't bleeding cash to acquire users. Travelers ...