On January 2 nd, I made a bold prediction in Forbes that Airbnb would change the way we travel in 2025. And on Valentine’s Day Airbnb’s stock surged 14% in a single day. For a larger travel brand that’s an unusual jump in market capitalization.

Airbnb stock surged after fourth-quarter earnings beat expectations. It has largely missed out on the travel boom but that may be about to change as the short-term rental company positions its app to become the Amazon.

Brian Chesky, the CEO of Airbnb, says he wants the company to become a travel Amazon — a one-stop shop for everything related to traveling and living. In a Thursday earnings call, Airbnb's chiefs said the company plans to invest $200 million to $250 million in launching new businesses and offerings on the Airbnb app.

KEY TAKEAWAYS Shares in Airbnb, which posted higher-than-estimated earnings Thursday, are surging in morning trading Friday, as the company invoked Amazon’s do-everything retail approach with plans to move well beyond just being a vacation rental app.

Airbnb CEO Brian Chesky said people use the app once or twice a year. He wants to raise that to once or twice a week.