Airbnb's struggles go beyond people spending less. It's losing some travelers to hotels.
Airbnb's struggles go beyond people spending less. It's losing some travelers to hotels.
Airbnb stock tumbled after the company predicted slowing demand. Some Airbnb fans say they now favor hotels' consistency and cost-effectiveness.
- Airbnb stock tumbled 14% in one day after the company predicted slowing demand.
- Some former Airbnb diehards say they now prefer the consistency of hotels.
- Airbnb said it might increase travelers' ability to book hotel rooms through Airbnb.
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I’ve stayed at my share of Airbnbs booked by others, but never really enjoyed the feeling of sleeping in some strangers house. Also, disliked the impact of airbnbs on local housing markets. The idea of replacing long term housing with short term housing is completely stupid from a public policy perspective and a great way to ruin a city.
Additionally, I like being a customer, and anonymous. I don’t want to be rated by the host. I don’t want to be judged on whether I put my own towels in the washing machine before I checked out. If I’m paying, that shouldn’t be my damn job.
Also, airbnbs are random. Some are good, some are awful. Some hosts are fine, some are a bit too much. Hotels do vary, but on the whole, the experience is much more consistent.
Exactly, I lost all taste for Airbnb when we were staying for 2 nights, and every 4 hours the owner was balsting me with text messages telling me I needed to rate them 5 stars because if I didn't they wouldn't rate me 5 stars...but I had to take out my own trash, put all towels and linens in the washer, and make sure to tidy up before I left or else I'd incur their "clean up fee". Fuck that shit, I'm not paying you a shitton of money to clean up after myself. Especially when half the bathrooms have black mold and rotten water damaged wood around the showers, and you have to be extra mindful because this was a time when hidden cameras were common.
Cleaning fees are just overhead on staying now. But if you don't tidy your rating will take a hit.
It's a scam coming and going. But it's often cheaper and with more selection on location. The last two, I think, are really what keeps them around.
Ability to zero in on location is definitely the thing that keeps me on the platform. I can't say its always cheaper, it maybe in some cases but its often equal or higher than a budget hotel in my experience. The fact that I can get a unit with a kitchen and within walking distance of a few of my planned vacation activities is the reason I check it out.
For me, it's almost always the cheapest/most convenient way to stay somewhere with a kitchen. And it may be an okay kitchen but almost always better than a hotel's. That's the part I find the hardest to replicate outside of Airbnb.
Short stay apartments are a thing, but you'll typically only find them in big cities.
To chime in on your anonymous comment, racism is a huge issue for AirBnB too. None of my brown friends are able to book one without the help of a white friend/partner, because of their names and the lack of AirBnB history.