Deutsche Bank raised its rating on Airbnb to Buy after noting that recent feature rollouts—such as enhanced search filters and streamlined host onboarding—have accelerated product adoption and driven a rebound in booking volumes across key markets.

Cathie Wood’s ARK Investment trimmed its Airbnb stake this week, selling shares ahead of the company’s February earnings and reallocating roughly $34 million into Robinhood as crypto sector weakness continues.

Despite Airbnb’s positive momentum, the broader online travel industry faced selling pressure, with Expedia shares falling on concerns over slowing post-pandemic demand and intensifying competition from niche rental platforms.