4 ms·

What is a corporate owned mini-hotel? I am a fairly frequent Airbnb consumer and I have yet to stay somewhere that wasn't mom and pop.

TheHypnotist 8y ago
There are a few mini-hotels - properties with more than one room. How many are corporate owned is undetermined. This guy is just bitter about something, perhaps rightfully so. Or maybe just vote manipulation.
- nerdponx 8y ago
  There are a few mini-hotels More than a few. Check out AirBnB listing in Miami Beach, for example.
- matchbok 8y ago
  Incorrect. Most of AirBnBs profit comes from units that do not have the owner present. Aka a hotel.
  - TheHypnotist 8y ago
    Not only is that not the definition of hotel, you seem to think this carries a negative connotation?
    - matchbok 8y ago
      Yes, that's a hotel. You have "home-sharing" and hotels. Just because it's a single house does not make it less of a hotel.
  - CNJ7654 8y ago
    That is a pretty poor definition of hotel. Just because someone is renting out their second home/vacation home/in-law apartment/whatever doesn't mean they're corporately controlled. Many normal people in America own multiple pieces of property, especially in rural areas. If we're only talking about cities, I totally agree though. I've stayed at a couple of apartments that were bought solely for airbnb use, and managed along a dozen other ones by the owner.
CodeWriter23 8y ago
https://www.nytimes.com/2019/01/14/nyregion/airbnb-illegal-brokers-real-estate.html https://www.nytimes.com/2019/01/14/nyregion/airbnb-illegal-b...
nerdponx 8y ago
I think the "corporate-owned" piece is a misnomer. I think what they mean to say is that they are commercial operations, rather than individuals making use of extra space that they already had in their homes. If someone buys or rents a property that is bigger than they need, for the sole purpose of AirBnB-ing the extra space, that is a commercial mini-hotel. In some jurisdictions this is probably a good thing, where you don't have the tourism volume to warrant building a proper hotel but where there is demand for tourism accomodations; in other jurisdictions it represents a wantonly inefficient use of real estate resources.
- alistairSH 8y ago
  ...commercial operations, rather than individuals making use of extra space that they already had in their homes. This has been my experience. Super-hosts with more than one listing. Apartments/homes that were obviously full-time rentals. So, not run by big corporations, but definitely run by somebody who has enough money on hand to buy property as a business venture.
deleted 8y ago
[deleted]
CaptainZapp 8y ago
Dozens or even hundreds of cheaply outfited cooky cutter apartments run by a management company. I'd wager that's 80% of their business, nowadays.
biztos 8y ago
I don't know about corporate ownership (other than you'd be insane to not have at least an LLC) but I've stayed in AirBNB apartments that belonged to people with many such properties. My impression was it was individuals/families with maybe 5-10 properties in a city, as opposed to some MegaCorp, but this is also has a pretty nasty effect on the rental market for locals.

TheHypnotist 8y ago

There are a few mini-hotels - properties with more than one room. How many are corporate owned is undetermined. This guy is just bitter about something, perhaps rightfully so. Or maybe just vote manipulation.

nerdponx 8y ago
There are a few mini-hotels More than a few. Check out AirBnB listing in Miami Beach, for example.
matchbok 8y ago
Incorrect. Most of AirBnBs profit comes from units that do not have the owner present. Aka a hotel.
- TheHypnotist 8y ago
  Not only is that not the definition of hotel, you seem to think this carries a negative connotation?
  - matchbok 8y ago
    Yes, that's a hotel. You have "home-sharing" and hotels. Just because it's a single house does not make it less of a hotel.
- CNJ7654 8y ago
  That is a pretty poor definition of hotel. Just because someone is renting out their second home/vacation home/in-law apartment/whatever doesn't mean they're corporately controlled. Many normal people in America own multiple pieces of property, especially in rural areas. If we're only talking about cities, I totally agree though. I've stayed at a couple of apartments that were bought solely for airbnb use, and managed along a dozen other ones by the owner.

CodeWriter23 8y ago

https://www.nytimes.com/2019/01/14/nyregion/airbnb-illegal-brokers-real-estate.html https://www.nytimes.com/2019/01/14/nyregion/airbnb-illegal-b...

nerdponx 8y ago

I think the "corporate-owned" piece is a misnomer. I think what they mean to say is that they are commercial operations, rather than individuals making use of extra space that they already had in their homes. If someone buys or rents a property that is bigger than they need, for the sole purpose of AirBnB-ing the extra space, that is a commercial mini-hotel. In some jurisdictions this is probably a good thing, where you don't have the tourism volume to warrant building a proper hotel but where there is demand for tourism accomodations; in other jurisdictions it represents a wantonly inefficient use of real estate resources.

alistairSH 8y ago
...commercial operations, rather than individuals making use of extra space that they already had in their homes. This has been my experience. Super-hosts with more than one listing. Apartments/homes that were obviously full-time rentals. So, not run by big corporations, but definitely run by somebody who has enough money on hand to buy property as a business venture.

deleted 8y ago

[deleted]

CaptainZapp 8y ago

Dozens or even hundreds of cheaply outfited cooky cutter apartments run by a management company. I'd wager that's 80% of their business, nowadays.

biztos 8y ago

I don't know about corporate ownership (other than you'd be insane to not have at least an LLC) but I've stayed in AirBNB apartments that belonged to people with many such properties. My impression was it was individuals/families with maybe 5-10 properties in a city, as opposed to some MegaCorp, but this is also has a pretty nasty effect on the rental market for locals.