Airbnb's Revenue Per Available Listing Drops by Nearly 50% in Phoenix and Austin

A viral tweet claims that revenues pre-listing for Airbnb have dropped by nearly 50% in cities like Phoenix and Austin, Texas over the past year. The analyst named Nick Jirley suggests this could trigger a wave of forced selling from Airbnb owners later this year. His tweet has been viewed more than 33 million times and liked and retweeted tens of thousands of times. In response to the tweet, Airbnb says, "The data is not consistent with our own data"