Airbnb IPO could be the 'steal of the century' if people keep switching from hotels to homes, Jim Cramer says | Markets Insider

, even as the pandemic continues to discourage global travel and depress demand on the home-sharing platform.

Airbnb could also face less resistance from hotels than in the past, as they're busy chasing government bailouts and trying to stay in business, Cramer continued. The depressed US economy could also help Airbnb, as more people may look to rent their spare rooms and homes for some extra cash, and travelers are hunting for bargains, Cramer said.

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