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I always assumed "experiences" was a hedge against being made illegal by various jurisdictions.
by CalRobert 7y ago
I always assumed "experiences" was a hedge against being made illegal by various jurisdictions.
- Mediterraneo10 7y agoI always thought it was a way to derive profit from not only people's accommodation, but also whatever else they want to spend their time doing on their holidays.
- saddestcatever 7y agoThat was my thought. Same as ads. If the currency is the attention of users, why not double-dip profits! It's the same reason when I book a plane flight, someone's always trying to sell me the rental car while I'm there
- rtkwe 7y agoIt's both but there's no doubt they were feeling squeezed in numerous locales for having people skirting or outright violating regulations on hotels and vacation properties.
- exclusiv 7y agoProbably part of it, but I'm pretty sure they did it because they essentially saturated the current market and in order to grow (and/or pump up their valuation) they had to reach outside their core.
- blululu 7y agoPartly that, but it’s also a way to differentiate a largely generic product that mostly acts as a middleman. There are already a few Airbnb clones, and there are really not very high barriers to switch platforms. In the long term Airbnb needs to add value beyond the basic marketplace.