Look at it like this: Would you pay $950 for the privilege of using AirBNB? I sure wouldn't. An "AirBNB Membership fee" on the order of $950 should seem absurd.
They would not get a single cent from me for the remainder of my life and in fact I would do plenty of things to cost them business at any chance I will get.
AirBNB is also not the only short term rental option out there. E.g. Vrbo
Similarly to the OP, both my wife and I had to pull teeth for weeks to get the full refunds we were entitled to after booking airbnb units. We both had dozens of stays and 5 star reviews under our belts prior to those experiences, dating back through 2013. In my case, it was a unit that the host admitted was infested with rats prior to arrival. In my wife’s, it was a unit that didn’t remotely match the photos of the listing.
At this point it’s my very last resort for booking any kind of stay, which is to say I’ve effectively sworn off the service. Since then, I’ve had no trouble finding vacation rentals elsewhere. For $900, yeah, I’d chargeback in a snap.
The era of free money is over for now, they're going to want business soon.
Why do they need to know?
Thats pretty cherry-picked, and I wouldn’t look to stock price to make the conclusions you’ve shared. Lots of growth companies are bouncing back after being oversold last year. As another cherry-pick, it’s also down nearly 50% from its 2021 high.
But, if the interwebs are correct, airbnb has 7 mil rentals, booking - 6 mil rentals (vacation specifically, not hotels) and vrbo - 2 mil
https://hosttools.com/blog/short-term-rental-tips/vrbo-vs-ai...
whatever advantage airbnb has, they are no longer the only game in town *
* depends on the town
They've stold me up twice, I was left in a foreign city with nowhere to sleep. Host simply didn't show up, didn't pick up, just vanished.
Never again.