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?
Airbnb announces confidential submission of draft Registration Statement
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Re: Airbnb announces confidential submission of draft Registration Statement
#22I 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?
IBM lawsuit
Re: Airbnb announces confidential submission of draft Registration Statement
#23I 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?
From knowledge of the travel industry: 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…
1: https://shorttermrentalz.com/news/sonder-series-e-round-june...
Re: Airbnb announces confidential submission of draft Registration Statement
#24I'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.
There are going to be legitimate reasons for removing a review like bad writing, personal information, or foul language, but the net effect is making the listing appear better than it is, and that doesn't sit well with me.
Re: Airbnb announces confidential submission of draft Registration Statement
#25I 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?
It's only one datapoint of course but from this very limited perspective it seems very hard for me to believe that their business would be stronger now than pre-covid.
But hotels are probably suffering even more, that's true.
Re: Airbnb announces confidential submission of draft Registration Statement
#26Am I the only one who is super eager for them to go public so that I can short them?
Re: Airbnb announces confidential submission of draft Registration Statement
#27Re: Airbnb announces confidential submission of draft Registration Statement
#28Am I the only one who is super eager for them to go public so that I can short them?
Re: Airbnb announces confidential submission of draft Registration Statement
#29I 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?
Presuming Airbnb makes it through the crisis, they're set up for many quarters of blistering earnings "growth" as things return to normal.
Re: Airbnb announces confidential submission of draft Registration Statement
#30I'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.
That's bad, because your life can be in the hands of your AirBnb host. https://medium.com/matter/living-and-dying-on-airbnb-6bff8d6... https://www.huffpost.com/entry/a-death-at-an-airbnb-rental-p... There are going to be legitimate reasons for removing a review like bad writing, personal information, or foul language, but the net effect is making the listing appear better than it is, and that doesn't sit well with me…
I used to have 5 star experiences and my last few were pretty negative, ranging from disgusting, to bad locations (not allowed to criticize location in reviews so you'll never know), to a toilet which required pushing things with brush. And more expensive than hotels.