As Christmas approaches, more travellers are choosing getaways and shared homes over traditional hotel stays, putting Airbnb firmly in focus during the peak holiday season.

On Companies to Watch, Dan Koh, Emaad Akhtar, and Ryan Huang look at how holiday travel trends have evolved in recent years, what Christmas demand reveals about consumer spending on experiences versus material gifts, and what investors should watch as the company heads into its most important travel quarter of the year.