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I see a lot of Airbnb-hate online like reddit or Twitter, but financially I see no sign of Airbnb slowing down at all. It really just seems like a case of more
by blindriver 3y ago
I see a lot of Airbnb-hate online like reddit or Twitter, but financially I see no sign of Airbnb slowing down at all. It really just seems like a case of more light and no heat at this point.
- lkrubner 3y agoI think you mean STRs not AirBnB? STRs are still growing, but AirBnB is facing much more competition from VRBO and Booking.com and Google Travel then it has previously faced. When I consulted at https://futurestay.com https://futurestay.com I could see the income shifting from AirBnB to Booking.com.
- blindriver 3y agoExcept all of Airbnb's financial metrics are up and to the right. The individual Airbnber might be having issues but Airbnb as a whole isn't.
- itsoktocry 3y agoThe fact that it isn't slowing down is why all of the pushback and legislation is happening. Their finances will be a lagging indicator.