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I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
Am I the only one who is super eager for them to go public so that I can short them?
I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
1. Hotels are still in the dumps.
2. Single home rentals, a la VRBO and AirBnB, are doing fantastic as people decamp from urban areas and work remotely.
3. Urban rentals are in the shitter.
4. Shared spaces are also in the shitter.
AirBnB has a lot more urban inventory and shared spaces than for example VRBO (which was always more based around vacation destinations), but I have no idea if their split between urban and vacation destinations is an overall boon or hindrance for them.
I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
Hotels basically are either closed for renovation or jacked up the prices while closing down everything that they had as an advantage over AB&B.
The restaurant is closed, there is no room cleaning unless you explicitly book it a day in advance, the gym, spa and pools are closed and so are all other in-house attractions and services such as the children play areas, lounges, media rooms etc.
So you have higher prices than pre-pandemic in many places due to them having to recoup their losses and a much much much worst service than usual which already in many places in Europe was a hit and miss outside of the large resorts and world renowned hotels the hotel service and overall quality in Europe is pretty shite.
Makes me want to short the stock when it IPOs, after its initial run-up out of vengeance.
I'm upset, after using the platform for a decade, that they remove negative reviews of properties. I learned this recently. That included some of my very tame and reasonable reviews. Makes me want to short the stock when it IPOs, after its initial run-up out of vengeance.
I'm upset, after using the platform for a decade, that they remove negative reviews of properties. I learned this recently. That included some of my very tame and reasonable reviews. Makes me want to short the stock when it IPOs, after its initial run-up out of vengeance.
I heard that Airbnb's business is actually stronger in US and Europe now than pre-pandemic, as tourism shifts towards local and people shy away from hotels. On the other hand, they're still in money saving mode, reducing ad spending and laying people off. Anyone know what is going on?
Hilton, Marriott, etc all still have MASSIVE amounts of physical property that they have to maintain year around no matter if they are full or empty. Airbnb has none of those costs.
This makes them more flexible and are able to quickly respond to changes in the travel market, more so than their traditional competitors