Submitted by Phelps1576 t3_110vapn in wallstreetbets
AirBnB occupancy levels had fallen MoM for 8 straight months straight by the end of October, with AirBnB's management expecting holiday revenue for 2022 to be below analysts' expectations. This, combined with local governments cracking down more on short-term rentals + rising consumer dissatisfaction with the procedures involved with staying in AirBnBs, makes me think AirBnB's revenue and EPS may fall short of the Street's expectations for them but, more importantly, I think they'll reduce guidance for Q1 2023.
On the flip side, US hotel occupancy rates were at their 4th highest levels for Q4 from the last 23 years during Q422, with occupancy at 54.2%, and with 40 markets, including Atlanta, Boston, and Chicago, saw their highest occupancy ever for the last reporting week of the year. This, combined with the fact that hospitality research firms are expecting strong Q1 and Q2 growth for hotel carriers compared to 2022 due to a lack of Omicron on people's minds + already seeing huge explosion in average daily rates and revenue per available room when compared to pre-pandemic levels, makes me think that MAR and H are great plays for 5% swings within 2 weeks of reporting later this week if you get in on Monday.
Please tell me why I'm stupid in the comments
TL;DR -
$MAR 177.5C MAR32023
$H 120C MAR172023
$ABNB 100P FEB242023