- 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.
they should be paying hotel taxes.
I was only ever interested in these company’s services as a way to save money. They are no longer cheaper than a hotel, so I would rather stay at a hotel.
It’s as if people don’t want to pay to be personal maids of hosts.
A decade ago I loved Airbnb. Fly to a major city, get to stay in someone’s condor or home for half the price of a hotel. Left your bowl out on the counter? No problem. Didn’t take out the trash? Why would you, the host does that. Didn’t make your bed and rearrange the pillows on the couch back to how they were before you arrived? That’s cool. Now you are looking at staying in a suburb of Austin for 2x the price of a hotel plus, you need to spend hours when you are trying to leave, cleaning up and you are going to be charged $300 anyway for a “cleaning fee” even though none of the linens smelled fresh when you arrived. The only reason I’ve used Airbnb in the past couple of years is because A) there was literally no other option for where we were vacationing or B) Our dog is traveling with us and we couldn’t find a hotel that will accommodate her.
Airbnb was great when it all began, but now it’s overrun by corporate vultures that buy up housing and turn it into illicit hotels. Not to even mention, it costs about the same as a hotel these days and I’ve never stayed in a hotel that gives you a chore list.
Like every other company lol. I remember when Uber and Lyft were so much cheaper, too. It’s why I don’t want gamepass to take over all gaming, or streaming to take over all physical video media. It always starts out nice, but eventually…
THANK YOU for seeing the writing on the wall. I keep reminding people of this.
Gamepass is unbeatable value. But if you give it market share you better believe after they jack the price a few more times, games willvstop providing a disc at all and just be “Gamepass exclusive” in the sense youvcan only subscribe to it, not buy it.
We are already here, for a decade now, The Crew players can’t play their game anymore, and they paid for it.
True. Gamepass just takes that much further I think. Gasoline on the fire so to speak.
it costs more and offers less than hotels, landlord motherfuckers are asking me to do their chores for them plus pay for electricity and tip them for cleaning their own house i am paying for, to share with four other people?
take out your own fucking trash.
and the service fee for paying airbnb directly is almost up to 15%.
no goddam way.
this message brought to you because of the assholes who sent me “so you know” messages about trash days and cleaning products.
I never did get into Airbnb: there was always too much room for unpredictability that I don’t want to deal with when traveling. Since then, we have the rise of chore lists and they’ve lost the price advantage in many places, so I don’t really see a point. Even worse, AirBnB has been around long enough that we all probably know someone who had a bad experience
Hotels are pretty nice. They come to make up your room, they have a nice person at the front desk to help you out with any issues, and they will usually have a breakfast option or at least some free coffee.
Airbnb has a lot of potential downsides: from cleaning and fees to broken stuff and hidden cameras. I’ve been in a few situations that have been weird to put it mildly.
Sometimes weird can be fun, but if I just want a clean bed and a reliable experience, I go to the hotel these days
Airbnb’s are great when you’re bored with life.
Some hotels have hidden cameras too, assuming they havent been found yet
Nature of the business means that’s a higher risk activity. Customers can’t get access back to the same room, employees work in rotation and owners aren’t physical present.
An extended stay hotel is predictable and more than good enough. AirBnB has a consistency problem. To include pricing and hidden fees.
I’m not paying more money to get no-breakfast, and have to do chores, and have a 15% chance of crazy owner, and a non-zero chance of it being a scam, and have AirBNB corporate give me the run around.
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I stopped using air bnb. I use to use them for more obscure places that didn’t have hotels. I don’t like they take homes out of the market. I get for vacation areas this is less of an issue but for places like ny city, San Francisco, etc it’s taking homes out of use.
I hate the cleaning fee. It’s become obscene.
Just everything about the model bothers me now.
I get for vacation areas this is less of an issue
Nope, this is the issue for housing in small towns/touristy areas. Most of the housing stock in our town has been scooped up for Airbnb/VRBO/etc, and has 1) limited housing stock for locals, 2) has raised housing purchase prices to unaffordable levels because of “profit potential”, and 3) limited availability of long term rentals that has also shot rental rates through the roof. In small towns, housing is already limited by geography, and so it just exacerbates an existing problem and completely screws local who likely don’t make a lot to begin with, because generally tourism and tourism-adjacent industries makes up the bulk of the available jobs.
Here’s a case study on exactly this if anyone is interested and you don’t mind the slightly unusual article format.
Just everything about the model bothers me now.
As it should.
The original model I liked. You have an adu? Rent it for spare cash. Rent a spare room. Etc. it didn’t impact supply and let a lot of people earn a little cash. It wasn’t a business. It was an accessory. Now it’s a business.
The thing is, it was never the original model. It was what was marketed at us. The model was always dumping to monopolize the market. Perhaps the original software nerds didn’t have that in mind but the moment MBAs came along to “help them grow” the program was to win Monopoly in that market. And that was very early on since VCs were involved nearly from the get go in most of those cases. The original idea as you describe it ends at the singing of the VC contract.
PS: Software nerd myself that used to drink the Koolaid, now a very senior, jaded software nerd.
It was the model for a very long time. It was all about renting excess capacity. It was a brilliant move. It wasn’t till much more recently people turned it into a business by buying properties just to air bnb.
Not sure when do you refer as recently but where I am this has been a common practice since at least 2015.
Don’t get me wrong, if you wanted to make a spare rooms rental system, nonprofit or otherwise, you could. But if you wanted to do that you would put restrictions and hoops to jump in order to limit rental to spare rooms only and maybe you wouldn’t charge 17% in fees.
2013 for me.
Perhaps the original software nerds didn’t have that in mind but the moment MBAs came along to “help them grow” the program was to win Monopoly in that mark
So…… it was the original model. And yeah airbnb literally grew because of renting out extra rooms, it didn’t grow from turning entire homes into rentals. It became that much much much later.
The founder literally started it because he found it difficult to rent out his vacation home. Fuck him and his vacation home.
I get for vacation areas this is less of an issue but for places like ny city, San Francisco, etc it’s taking homes out of use.
It’s every bit as big of an issue for vacation areas / areas where tourism is the primary driver of the economy.
Take Tahoe or Mammoth Lakes for example: until the early 2010s it was still possible to move there without knowing anyone or having any other inside track, get a job (not your favorite or first choice, usually, but something to work from while you get established) and find your crappy first apartment or half-a-cabin or rundown shack or basement or ADU to rent.
That scenario is almost completely gone now and has been for ten years, plus or minus – depending on where each person sees the line that divides difficult from impossible. People making far less than a living wage now commute to both of those areas from an hour or more away. The sense of how “connected” or privileged one has to be to make it or even just scrape by in areas such as these has relentlessly risen to a level that has had an enormous impact on mental and emotional health and life outcomes in these areas too.
All of these factors were already big in the negative column balancing the very real positives of living so close to nature and preferred sporting activities, before the rise of the short term rental blight. But nowadays those negatives are practically off the meter.
I’m not sure you can blame short term rentals for this happening in desirable vacation spots worldwide. People have become much more mobile, and a decade of very cheap interest rates mean that there is no more “run down cheap cabin in the woods” any more. Even for owners who have owned those properties for many years, insurance costs and taxes have spike along with the housing costs.
I own a home in a very expensive area with extremely limited geography that prevents additional development, but also has in place a practical ban on short term rentals- 28 day minimum. This has not led to more affordable housing, but rather a lot of empty vacation homes owned by very wealthy people and $700/night hotel rooms. Also, locals being pushed out due to spiralling insurance and property tax increases. All without short term rental being a factor.
Airbnb has been in a race to bring the worst of the tech industry’s profit consuming corporatism (no phone number, horrid customer service, lots of rules that nobody follows, privacy nightmares) to an industry that focused on hospitality - by definition a high-touch service - and we are all worse off because of that.
Not to mention the ‘hosts’ have been tacking all sorts of fees on top of your stay, and requiring people to do deep cleans, leaving a key in some lockbox a block away, etc.
At this point you just want to get a hotel even if it costs more instead of dealing with some of their shit. In a hotel you walk in, someone actually is there to greet you, there’s no expectation that you clean the room, etc.
Airbnb ruined their own product by letting the hosts ruin the experience.
It’s funny - I’m often in charge of booking the stay for large family get togethers and trips, and I exclusively used AirBnb. However, after using their service for 6+ years, they ended up canceling a reservation I had had for months THE NIGHT BEFORE OUR TRIP. I didn’t even realize they had canceled on me til our plane had landed.
Turns out, they suddenly had a problem with a misdemeanor I had been charged with 8 years prior when I was 20 (minor possession of marijuana). They disabled my account and said I couldn’t rent through them anymore because of my criminal history. I reached out to them and offered an explanation, as well as reminding them that this was an old conviction of a minor drug possession. I don’t have a criminal record beyond that, and had been an avid customer of theirs for many years with raving reviews. They still denied me, and I’m still banned to this day. So yeah, they can go fuck themselves.
How is AirBnB able to access your criminal history?
It was apparently in the ToS that they hold the right to run background checks on hosts and renters alike, when they choose to. Granted, it’s not an in-depth check, but any criminal records that are accessible to the public are accessible to them.
The main Airbnb value proposition was trading some of the conveniences you get at a hotel for a significantly cheaper room.
When they are roughly the same price as staying in a hotel, why would you choose it?
The only time I’ve ever used an Airbnb was when I wanted a location that did not have a good hotel option. Which has been cabins in the woods, and beach front property. Outside of that, I would rather have the convenience of a hotel.
