Airbnb Seen as Benefiting from AI Pricing, AI Search
Dow Jones06:56
1856 ET - Airbnb is likely to see a boost from both AI pricing and AI search features, Raymond James analysts say, upgrading the stock to "outperform." Airbnb data shows that using AI to adjust pricing improves earnings for hosts and the company, the analysts say. Listings with price updates at least four times a year had 30% more nights booked than those without, they say. The increased integration of AI search will also help customers look for more specific features, rather than just using keywords, like their destination location. The analysts expect this will improve customer experience and drive more engagement.
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