MicroWave@lemmy.world to News@lemmy.worldEnglish · 3 months agoAirbnb's struggles go beyond people spending less. It's losing some travelers to hotels.www.businessinsider.comexternal-linkmessage-square121fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkAirbnb's struggles go beyond people spending less. It's losing some travelers to hotels.www.businessinsider.comMicroWave@lemmy.world to News@lemmy.worldEnglish · 3 months agomessage-square121fedilinkfile-text
Airbnb stock tumbled 14% in one day after the company predicted slowing demand. Some former Airbnb diehards say they now prefer the consistency of hotels. Airbnb said it might increase travelers’ ability to book hotel rooms through Airbnb.
minus-squareNeuromancer@lemm.eelinkfedilinkarrow-up0·3 months agoIt was the model for a very long time. It was all about renting excess capacity. It was a brilliant move. It wasn’t till much more recently people turned it into a business by buying properties just to air bnb.
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up0·3 months agoNot sure when do you refer as recently but where I am this has been a common practice since at least 2015.
It was the model for a very long time. It was all about renting excess capacity. It was a brilliant move. It wasn’t till much more recently people turned it into a business by buying properties just to air bnb.
Not sure when do you refer as recently but where I am this has been a common practice since at least 2015.
2013 for me.