Airbnb shares drop 12% as company flags weakening US demand
theguardian.com
Airbnb shares drop 12% as company flags weakening US demand
1–10 of 59 posts
Re: Airbnb shares drop 12% as company flags weakening US demand
#2With all the hidden fees and exorbitant cleaning fees, I think it is much cheaper to book a hotel than an airbnb nowadays. No wonder demand is going down.
Re: Airbnb shares drop 12% as company flags weakening US demand
#3With all the hidden fees and exorbitant cleaning fees, I think it is much cheaper to book a hotel than an airbnb nowadays. No wonder demand is going down.
It tends to succeed in a few situations for me - vacations in backcountry areas, a backup to Hipcamp for campsites and getting a single room. I have found bizarrely it is not cheaper to find a comparable hotel unless the destination is popular.
Re: Airbnb shares drop 12% as company flags weakening US demand
#4It feels good as a consumer to finally see companies face stock price consequences for tanking quality while jacking up prices. Though its a wildly different market the same is happening for Starbucks and McDonalds.
Re: Airbnb shares drop 12% as company flags weakening US demand
#5I used to use Airbnb all the time but a single experience dealing with their customer service and a bad host was enough for me to never use them again. The lows of using Airbnb are 100x lower than the lows of hotels, and the highs are higher but not nearly enough to justify the risk.
Re: Airbnb shares drop 12% as company flags weakening US demand
#6I’ve decided to never use them again. I’ve had horrendous experiences with hosts and while Airbnb does do something it’s never actually made anything right.
There are great hosts out there, and then there are scammers and inconsiderate jerks with ridiculous house rules a mile long.
They need to do better at the downside management. I literally sent them a video showing it was in fact not the same apartment as the listing and they offered 20% off. The same host lied about sending someone to fix the broken hot water. Airbnb offered 30% instead of 20%. Laughable.
Re: Airbnb shares drop 12% as company flags weakening US demand
#7No surprises, they’re late stage enshittification.
Re: Airbnb shares drop 12% as company flags weakening US demand
#8With all the hidden fees and exorbitant cleaning fees, I think it is much cheaper to book a hotel than an airbnb nowadays. No wonder demand is going down.
It makes a lot of sense if I am traveling with more than two, staying more than two nights, and I want to cook my own meals and/or do laundry.
I’m traveling to upstate NY for a wedding during the fall. All of the shitty motels and hotels were $350/night and Airbnb was $400, but I ended up with a lot more comfort and creature comforts as well as it being 20 mins closer than any of the chain hotels; those are the only reason I chose it for a one-night stay.
Re: Airbnb shares drop 12% as company flags weakening US demand
#9After being scammed by host using a "final price" ("tax on top") scheme in 2015, I don't use Airbnb. So even though for a public company the stock price is not really connected to anything except shareholders wealth, I still welcome the recent dropping of their share price. Just considering them allowing many scammy practices (yes, Airbnb support does not help in most cases).
Re: Airbnb shares drop 12% as company flags weakening US demand
#10Frequent AirBnB user here. Never had a problem. Yes some hosts charge stupid fees. Don't rent their places. No they're not more expensive than hotels if you have 4 people and need 3 bathrooms. Perhaps for one person they are.
Perhaps demand is dropping as the pent-up post-covid demand dissipates?