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23.5¢ alloggio group limited

Ann: Change in substantial holding, page-13

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saintex

3,957 Posts.

417

11/05/23

19:08

Post #: 67730026
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Originally posted by saintex: ↑

Some reason why I remain cautious about this company (after they published their results) :
- short stay rents look to me really high (cf Airbnb prices) and I wonder if it is sustainable,
- short stay future revenues have also a real risk to be affected by a change of regulation*.
One of the easiest way to limit the pressure on home rents (not just short term, but also long term contracts) is to limit the number of days per year for short stay.

* cf post of at6568 in the thread "annoucement of release of FY 23 half year results".

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Airbnb is now clearly talking about affordability issues with its customers and expect a decrease of average prices (yoy) for the next quarter.

ALO Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held
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