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I’m sorry I’m pretty pro WFH but AirBnB directly benefits from remote workers setting up seasonal offices from vacation destinations. Part of why their busines
by nytesky 3y ago
I’m sorry I’m pretty pro WFH but AirBnB directly benefits from remote workers setting up seasonal offices from vacation destinations. Part of why their business dropped is they went from nearly seasonal residence rentals for digital nomads to mostly vacation bookings.
- viraptor 3y agoHave you got some references for that? The digital nomads seem like a small enough group to not matter in the grand scheme of things. I'd be extremely surprised if they impacted the Airbnb bottom line at all.
- darkwizard42 3y agoPretty sure they don't have any references... can't even know that accurately from any public filings. However, I do think there might be some correlation on longer stays (maybe some % of those are digital nomads) from statements from Airbnb leadership where >1 in 5 stays are greater than 28 days [1]. That statement is from 2021, so I'm curious where it might land today. [1] 2021 - https://news.yahoo.com/airbnb-ceo-brian-chesky-q1-earnings-booking-longer-than-28-days-131056944.html https://news.yahoo.com/airbnb-ceo-brian-chesky-q1-earnings-b...
- nytesky 3y agoHi literally talked about how before pandemic it was almost all short term rentals; now it’s 1/5 are 30 days or longer. He talked about it on Prof G Podcast.
- nytesky 3y agoWell, I use term digital nomad loosely. End of the day if you are 100 or longer periods WFH, options to work from elsewhere which would boost ABNB
- unethical_ban 3y agoDifferent person here, I make no specific claims, but it seems obvious AirBNB is biased. Their model is helped by people with money being able to travel frequently. Of course they would say rooting workers with disposable income to one location is bad.
- tonywastaken 3y agoThey were worth the trouble during the thick of the pandemic when people preferred homes with kitchens. There they could minimize their contact with other people. Now people are traveling differently. And it could also be that people are realizing that AirBnBs are not worth their inconsistency, dark patterns around fees, and the hassle of dealing with a problematic stay or host.