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 stopped looking at ABnB a few years ago. It stopped making financial and quality of life sense. The costs became nearly equal or greater than that of hotels I cross shopped.
The hassle though is what really killed it. The inconvenience of dealing with a host that was not on-site and often not available to deal with issues plus the long list of chores required and the potential penalties of not following them perfectly just made it not worth doing.
The chores are what killed it for me. I'm supposed to pay a cleaning fee and do the cleaning myself? Fuck that noise.