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Airbnb says otherwise [1] in fact their CEO said not many are converting to long-term rental [2]. No one has the aggregate data exactly, and Airbnb exposing the
by pj_mukh 6y ago
Airbnb says otherwise [1] in fact their CEO said not many are converting to long-term rental [2]. No one has the aggregate data exactly, and Airbnb exposing their data is probably a competitive risk.
Though if their CEO is right and rent is still dropping, it blows a giant hole in this theory altogether.
[1]: https://sanfrancisco.cbslocal.com/2020/06/08/airbnb-comeback-coronavirus-covid-19-shelter-in-place-summer-travel https://sanfrancisco.cbslocal.com/2020/06/08/airbnb-comeback...
[2]: https://podcasts.google.com/?feed=aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vcmVjb2RlZGVjb2Rl&ep=14&episode=ZDgwNjg0NDYtMTY5NS0xMWVhLWI5MzEtMjcwNjc4NTU1YzAy https://podcasts.google.com/?feed=aHR0cHM6Ly9mZWVkcy5tZWdhcG...
P.S: Anecdotally, I've stayed at 3 different airbnbs since shutdown started, just in cities a short drive away to get out of my city. This is what Airbnb claims is driving traffic for them.