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Is there any early data on current AirBnB price trends in key markets? I was looking at some listings in Amsterdam and the prices seem really cheap for a weeke
by blueblisters 6y ago
Is there any early data on current AirBnB price trends in key markets?
I was looking at some listings in Amsterdam and the prices seem really cheap for a weekend at the end of this month.
The inventory seems fairly limited, however. Perhaps hosts are already pulling their properties off the short-term market.
- vzidex 6y agoHosts definitely are pulling properties already - based off stories I've heard/read, many AirBNB hosts were/are overleveraged on their properties and have had to sell or convert to long-term now that their income has dried up, to avoid defaulting. Further anecdotally, I've been closely following the rental market in my city because I'm looking for a long-term place for August. There's been a noticeable drop in prices, and _huge_ quantities of listings in buildings that were notorious for being "AirBNB hotels". Furthermore, lots of listings are obviously ex-AirBNB units - tells include being only available furnished, only available for ~4 month rentals, descriptions that include "Perfect for your next stay!" or words to that effect, and my favourite: hotel-style "No smoking" cards caught in the listing photos.