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Airbnb is in midlife crisis mode

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Re: Airbnb is in midlife crisis mode

#41

reinvention of Airbnb I cannot for the life of me figure out why these companies don't just stick to their core. AirBnB provides an amazing service, the ability to painlessly book hotels that feel like houses. I guarantee you they are not going to be the next Apple or Microsoft, they're instead just going to dilute the value of their core business chasing things that aren't going to work, instead of focusing on their…

Their core business isn’t profitable long term.

Re: Airbnb is in midlife crisis mode

#42
With lodging, they have the risk of people finding a listing off-platform and paying cash, but because lodging is such a key aspect of a trip, people are often willing to pay the premium to have everything vetted/supported by Airbnb.

With personal services, they're risking having that problem at a lot bigger scale: are you willing to pay your barber or masseuse 18% extra to cover Airbnb's commission? I suspect a lot of people would use Airbnb to find a reputable provider, and then make contact off-platform.

Re: Airbnb is in midlife crisis mode

#43
I am not a chronic traveler but never understood the appeal of airbnb. Most low-mid to midrange chain hotels offer reasonably clean rooms for equivalent (or sometimes cheaper) price than airbnb after fees and I don’t need to play housekeeper either, or worry about weird owners, which seems to me like the whole nice thing about renting a short term place to sleep.

Re: Airbnb is in midlife crisis mode

#44

reinvention of Airbnb I cannot for the life of me figure out why these companies don't just stick to their core. AirBnB provides an amazing service, the ability to painlessly book hotels that feel like houses. I guarantee you they are not going to be the next Apple or Microsoft, they're instead just going to dilute the value of their core business chasing things that aren't going to work, instead of focusing on their…

"Duty to the shareholders": if you aren't the CEO growing revenue quarter over quarter, then your mostly stock compensation is worthless and the board is interviewing replacements.

Re: Airbnb is in midlife crisis mode

#45

I am not a chronic traveler but never understood the appeal of airbnb. Most low-mid to midrange chain hotels offer reasonably clean rooms for equivalent (or sometimes cheaper) price than airbnb after fees and I don’t need to play housekeeper either, or worry about weird owners, which seems to me like the whole nice thing about renting a short term place to sleep.

I have a 17 month old and she needs a dedicated space to nap; this is price prohibitive in hotels (suites, etc). So while I typically hate Airbnb, it’s the only solution for us right now.

Re: Airbnb is in midlife crisis mode

#46
I love ABNB and I hope they can find a long-term business that works. Their original promise was so interesting and exciting…but reality has kind of caught up.

They’re kind of like Uber, in that way. But where Uber has become faceless and quiet, Airbnb wants to be a leader, and I respect that. Certainly there’s lots of cool things that _could_ happen with experiences, and I hope they do.

Re: Airbnb is in midlife crisis mode

#47
post #4

Earlier quoted context omitted.

Because the writing is sort of on the wall for airbnb's current business model. Local regulations are finally catching up to them, limiting new listings or applying the same taxes and fees applied to regular hotels. And airbnb's are not cheaper anymore, and many times not any more convenient than a hotel, due crappy hosts and their excessive fees and regulations. Airbnb is still a great option if the location is unde…

AirBNB forced hotels to MASSIVELY upgrade. There used to be very few hotels with kitchenettes, any space really beside just a bed. There's way more suite and kitchenette options. Lots of people travel for longer than just a night or two, or to travel beyond just business, where you might want to be able to actually enjoy being in your private space. Hotels weren't really designed for this. They wanted you to never be…

> AirBNB forced hotels to MASSIVELY upgrade.

Any data to back it up, please?

Re: Airbnb is in midlife crisis mode

#49

Earlier quoted context omitted.

You could have saved yourself $300 and slept on a bench in the central bus station for approximately the same level of accommodation.

Funny but couches can be pretty comfortable, and in the days of Airbnb being a monetized couchsurf, you'd at least wake up to fresh coffee Safe place to stash your luggage is another matter, there's a dozen apps that cater to this need now too so if you are sleeping in the bus station at least you can put your baggage behind a locked door

> there's a dozen apps that cater to this need now

Before someone declared a need for buggy and unreliable locker apps, for decades prior you could deposit something called a "coin" into a slot which would allow you remove an equally archaic object called a "key" from the lock, which you would deposit in your pocket and be on your merry way.

Re: Airbnb is in midlife crisis mode

#50
Basic problem with Airbnb is that you’re dealing with small proprietors and the quality and value can be pretty inconsistent. Airbnb has relied on reviews to enforce this but what I’ve found is that “hosts” usually wait to file a review of me as a guest until I file my review. So there’s a disincentive to leave a mixed review.

Additionally there’s a creep factor in the number of cameras on the property. Hotels have lots of cameras but you don’t get the same sense that you’re being policed. I realize some of this is necessary but it can still be off-putting; usually everyone in the rental comments on the cameras.

Airbnb could normalize the value by enforcing standards and capping certain unreasonable charges in particular cleaning fees. A uniform cancellation policy would also help.

Additionally there are no rewards for booking Airbnb and no perks at all for repeat customers.

I’ve moved from Airbnb to Marriot and I get 4pm late check out, upgrades to suites, free breakfast, priority booking etc… and I don’t have to take the garbage out, bundle up sheets, do the dishes, etc…

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