3 ms·

AirBnB, given the current situation, is going to fail unless they jettison about 70% of staff.

• e12e 7y ago
  I can't see how Airbnb isn't in a far better position than hotels. They have no fixed expenses proportional to their untapped capacity (free rooms), no cleaning staff or receptionists. Airbnb hosts, are a different matter.
  • HeWhoLurksLate 7y ago
    The superhosts / people who are running whole homes as AirBnB's are probably the worst off here.
  • nikkwong 7y ago
    Being an Airbnb host was already becoming borderline unprofitable in my metropolitan area (Seattle) as they are marketing very heavily here resulting in a glut in short-term rental housing-supply. This drove the nightly rate I could command down, and—before this current crisis, the decision between short-term and long-term tenancy was a matter of debate. Now, without any guests visiting the area in the near future, the decision is a no brainer—I'm moving to long-term tenancy and may never be an Airbnb host again. I am currently a host for rooms in my primary residence as well as for entire houses and am currently looking to turn them both types into long instead of short-term rental situations. I'm suspecting many other hosts are in a similar situation.
• redisman 7y ago
  If the current situation lasts for very long, almost no business can handle that without help. Even online-only services will at some point start to feel the pain from the real world.