Personally I think AirBnb had its time. To me AirBnb is like a hotel, except: - No gym, sauna and other SPA facilities included - No breakfast buffet, restaurants or room service available - No room upgrades available - No early check in/late check out available - No 24/7 access available - No reception desk 24/7 available where I can ask for good recommendations, learn a bit more about the place without feeling awkw…
Airbnb S-1
391–400 of 471 posts
Re: Airbnb S-1
#392Personally I think AirBnb had its time. To me AirBnb is like a hotel, except: - No gym, sauna and other SPA facilities included - No breakfast buffet, restaurants or room service available - No room upgrades available - No early check in/late check out available - No 24/7 access available - No reception desk 24/7 available where I can ask for good recommendations, learn a bit more about the place without feeling awkw…
When finding chalets or cabins/lodges for outdoor trips, Airbnbs are often much better located.
To me it is not so much hotels they need to replace, but a streamlining of booking vacation houses to the point where it is almost as convenient as hotel bookings are, but with vacation house amenities.
Re: Airbnb S-1
#393Earlier quoted context omitted.
>Maybe make them pay 10-25k lump-sum in cash. After a certain amount of guests have visited the offering then the money can be returned. This is so detached from reality. It would wipe out probably 99% of listings from people not doing it professionally.
The lump-sum fee is just an example number. It could be less for smaller rentals but the point is still there. You need to force new hosts to "prove" they're going to be honest and have a penalty for those who aren't honest. This same concept is used in the cryptocurrency world where you need people to have trust. One example I can point to is Storj where they withhold earnings from people who don't perform per the a…
Re: Airbnb S-1
#394Earlier quoted context omitted.
As an American it is so weird that a country would require you to register with the police at all, no matter your length of stay.
As an European, it seems weird that in the US you don't need to register your address at all, leading to this last-cenutry 10-year Census process.
Also, in the US it is state governments that are the authority for most things pertaining to where people live: property and rental law, identification cards, property taxes, voters registration, etc. Most states do require people to change their voters registration and drivers license when they move between states.
It’s not that strange that you don’t register your address with the federal government, when in fact, the only interaction that many Americans have with the federal government at all is their yearly tax filing.
Re: Airbnb S-1
#395Can anyone estimate what an investors in 2009 in Air BNB will get for an ROI post- IPO? I just looked and S&P 500 returned 426.134% with dividends reinvested through September 2020.
I believe in 2011 the strike price (accounting for both stock splits) would have been around $0.75-0.80 after they raised funds around May 2011. Assuming they are worth at least $30 billion, the shares would be around $50 for around a 6150% total return assuming $0.80 initially. If someone got shares in 2009 they likely had a substantially higher return.
Re: Airbnb S-1
#396Earlier quoted context omitted.
You are not talking about Airbnb here. You are saying a whole industry which existed well before hotels, before Airbnb and will exist after Airbnb is not a good fit for you.
I was speaking specifically of AirBnb because a clean, good reviewed room in a central location in any city comes almost at the same cost as a hotel room minus all the other things. Here is the thing, my wife and I did an around the world trip for an entire year and we did not stay once at an AirBnb. I checked AirBnb in every new country and every time it lost against a hotel or a hostel. Most AirBnbs were priced at…
Try hiring hotels or hostels for large gatherings: bachelor/bachelorette parties, weddings, family vacations, etc. and I think it will be easier to see the difference. They compete more with vacation rentals, which seems old-fashioned since their online inventory always sucks.
I also think hotels are impersonal. As mentioned in this thread, they market themselves as "having a local experience" and I think that's been an effective message. I have gotten great recommendations from hosts on food, dining, and things not to do and I get to choose the location/theme of my stay too. Do I need to work? Am we relaxing for a couple days? The choose your own adventure aspect means that AirBnB is the starting place for all those searches, not hotels.
I also think there is a real lack of comparable options to hostels in the states so those could be similar jobs here (not abroad). I know of 1 hostel in my hometown near the airport (top 20 US city by pop).
I do agree that great hosts will push up prices to be comparable to hotels and the gap is closing steadily. I think you can still find great middle ground in most cities.
Re: Airbnb S-1
#397Re: Airbnb S-1
#398Personally I think AirBnb had its time. To me AirBnb is like a hotel, except: - No gym, sauna and other SPA facilities included - No breakfast buffet, restaurants or room service available - No room upgrades available - No early check in/late check out available - No 24/7 access available - No reception desk 24/7 available where I can ask for good recommendations, learn a bit more about the place without feeling awkw…
Wow, totally opposite my view. As a family we always want to stay somewhere with a kitchen and a private lounge area - hotel suites are cost prohibitive to this, and a lot less charming. When finding chalets or cabins/lodges for outdoor trips, Airbnbs are often much better located. To me it is not so much hotels they need to replace, but a streamlining of booking vacation houses to the point where it is almost as con…
Some people are confused and surprised they expect hotel services(airbnb is to blame for this as well) instead of more "adventurious" accomodation offered by private owners.
AirBnB is the eBay of short term rental with the good and bad parts. Booking.com used(and mostly still is) more a kind of Amazon.
Re: Airbnb S-1
#399I like airbnb. They need to get better at weeding out fake/scammy listings, that tend to plague many online marketplaces where things can be listed for free. Maybe some in-person verification system, or a fee that gets refunded if you have a certain number of guests. There are plenty of listings with huge/exclusive homes, yet no reviews and extremely cheap prices. I don't know what people get out of these listings, b…
Easiest solution is to force new hosts to provide a "surety bond" to basically be an honest host. Maybe make them pay 10-25k lump-sum in cash. After a certain amount of guests have visited the offering then the money can be returned. If the host is a scammer then the money can be used to reimburse the guests for their troubles. The risk vs rewards under this system would discourage bad hosts from joining the platform…
Re: Airbnb S-1
#400Earlier quoted context omitted.
Heck, I remember it getting drilled into me in middle school that the Nazis were able to kill so many Jewish people because they had complete records of where everyone lived and their religious affiliation. When the time came, they knew what doors to knock on. It boggles my mind that this system still exists in modern Germany, of all places. The American model is highly distributed and need-to-know. Many government f…
Race and religion are definitely not required (=optional for you to give) when you register for permanent residency in Germany. Source: I am a german who completed the form multiple times after moving.
As it relates to ethnicity, you're right. I can no longer edit my original comment though.