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.
You're viewing a single thread.
I dunno. For my family, vrbo/Airbnb offers something I can't get elsewhere. Human living conditions for a family. We need three bedrooms. That is pretty much unheard of. And hotels always go low on bathroom. Sleeps 6, one bathroom. I have ibs, 9ne bathroom just isn't going to cut it. And even if I didn't, jockeying for bathroom time isn't my idea of a vacation. And when we brought the in-laws we needed another. The cost of that in rooms was more than double. And the vrbo had a private pool and a huge living room/kitchen. Now I do wish hotels had family living spaces, but most only do adjoining rooms, which they never guarantee. Hotels being greedy created the short term rental market. Hosts and Airbnb being greedy ruined it. We just can't have nice things.
A lot of hotels are now offering that. I went on vacation in Sydney recently and hotels have been buying up apartment buildings and turning them into hotels. To stay in a 3 bedroom apartment it was 40% cheaper than Airbnb and had all the amenities of a hotel with staff.
Sweet, I hope that continues to spread.