What Took Down Airbnb
theatlantic.com
theatlantic.com
There aren't many things an Airbnb does in a place like NYC that a hotel can't do better. Hotels are ubiquitous and uniform. You generally always know what you're getting into, and if something is amiss you can usually get it corrected by staff on-site or migrate to a nearby competitor. With Airbnb, you'll be lucky if you can reach a human to help with what will inevitably go wrong. Instead of full-time housekeeping, you'll have to put up with the shoddy resetting that a bottom-rate contractor cleaner does between visits, and Airbnb will happily mark up prices for the privilege.
I'll check out Airbnb again if I ever get the itch for an "experience," but otherwise... hotels, despite their flaws, are just a better product.
Good riddance.
AirBNBs are also broadly available, with lots of selection. There may be hotels with the amenities you want, but they are rare, and are less likely to be in the part of town you want to be in, near your family or friends, etc.
The restaurant budget alone would be much more than hotels and flight prices combined, and we'd still be mostly eating bad, unhealthy food most of the time.
An Airbnb with a kitchen is a must. For extended stays, washing machines are super convenient also.
It seems like hotels are catching up. I stayed at many newer chain brands with decent full kitchen offerings. Still not quite the same as a real appartement/house, but they are fine and often not that much more expensive than your typical hotel room, just look out for it.
Most Hotels are short term bedrooms/bathrooms with some extras.
Where air b&b competes is against medium/long term stay hotels that try to give a more normal living environment.
Initially airb&b had price attractiveness for even short terms stays but that's largely gone now as it became a business opportunity rather than a side income option.
Generally speaking, most people prefer bed and breakfast experiences at their best:
- Interesting home
- Home furnishings / kitchen
- Optional home cooked meals
- Local recommendations
- In a residential community
However, there are only so many of those. Especially in urban areas, where an efficient supply of hotels already existed.Far fewer actual bed and breakfasts than AirBnB needs, once it went public.
Consequently, it pulled an eBay/Amazon/Etsy and lowered its standards to increase volume to drive revenue.
And in doing so, diluted and devalued their own product, because the worst experiences are synonymous with the best.
What AirBnB should have done was recognize that they want to provide fundamentally different things:
{Boutique bed and breakfast experiences} that meet strict standards but have lower volume (especially in urban areas)
{Bland housing} that meets minimum standards but has higher volume
Not doing so was an egregious marketing and product design failure on their part.
Not sure that "good"/vetted B&Bs is a VC-scale business model. I do book trips through agencies that arrange housing at places they've had experience with (doing so at the moment) but that's basically a specialized travel agency-level scale model--not a VC one.
And therein lays the bait-and-switch that AirBnB was forced to pull -- we'll market the best of our properties, but the average experience will be far worse.
That's not a winning brand formula.
Chain hotels, love them or hate them, are more honest about exactly what you're going to get.
Yep. I'm almost certainly not going to single out my whatever Marriott brand chain hotel as one of the highlights of my trip. And, maybe I had a decent view out my window and maybe I didn't. But I pretty much knew what I was getting. There were almost certainly no issues with checking in if my flight was delayed. And I could leave my luggage at the desk if I wanted to walk around before departing the city.
But it's a case where "meets expectations" is what I'm looking for.
I get that others, especially traveling with friends or family, have different needs than hotels are generally setup to cater to and that's fine. And if someone with local knowledge can book me a place with more character that's generally good too. But I admit that neither I nor my parents when I was growing up ever felt a need to cook meals where I was staying.
One newer Marriott brand that always flummoxed me was Moxy. Until I stayed in a few in Europe and realized "Oh, this is a Marriott hostel." Which we don't have the underlying reference for in the US.
Agree with respect to consistency although McDonald's tends to be below my baseline if I have any choice in the matter whereas most of the big business hotel chains are pretty much fine for my needs. Most of the time I wouldn't take advantage of what more luxe properties had to offer nor would I use a kitchen (aside from maybe a refrigerator).
I've never gotten Aloft's thing. Stayed in a bunch, but "sterile-cool" always seemed a weird mash-up.
Marriott has a ton of overlap in their brand stack now: https://en.m.wikipedia.org/wiki/Marriott_International#Marri...
E.g. Courtyard vs Fairview vs SpringHill (to say nothing of the Sheraton-inherited Four Points)
Just collapse it down already.
But yeah, especially post Sheraton acquisition, Marriott properties branding is a bit of a mess. And add to that, depending on location, something like Residence Inn varies quite a bit too. In one place it might be a basic family-friendly property while, in another, it may have a cool rooftop bar.
But I guess it works and actually changing branding is expensive and those of us who travel a lot don't really care.
The failure of Airbnb is that it incentivizes this business model as opposed to incentivizing great experiences. Similar to how Amazon incentivizes low quality no-name brand products and fake reviews.
For example, I know people who use Airbnb because if they need somewhere cheap to sleep for the night and they don't need a nice hotel room so they're happy to rent a cheap bed at someone's house for the night. The reason I've personally used it before is because I'm staying somewhere (often for an extended period of time) and I want a place with a kitchen or living room.
If what you're looking for is basically a hotel room, then yeah, hotels are going to be better 99% of the time unless you're looking for something a little more novel.
For once, scaling up made it more expensive. All these people and jobs want to be paid a living wage. And so costs stack up and it became no better than a hotel. In some cases, worse than hotel because at least a hotel is a mature and professional service. People involved in this airbnb "gig" aren't guaranteed to be.
I’ve used it to stay everywhere from DC to the Appalachians to the Carribean and it’s been an outstanding experience every time. You just have to know how to filter and choose the right rental. If you’re looking for a hotel in NYC, get a hotel room.
I've heard this is a major issue but I feel like it's very rare thing, usually it's what I'd expect for having to clean a 500 sqft space. The only time I'm disappointed is say a $50 fee is assessed for use of a bedroom.
Hotels are "I just want a bed to sleep and get out and about".
AirBnBs are when you need more privacy because of imperfections like kids, or when you'll be somewhere for a while and you need a chill-out place, and you need some more normal house-like amenities.
In recent years my pendulum pushed back toward hotels, from almost exclusively AirBnB, but I still book AirBnBs about 50-70% of the time.
They’ve improved a lot in recent years but I’d still want to have that explicit guarantee.
Nowadays they're all made exclusively as investements, not as people sharing their own apartment anymore, so they get the cheapest connection they can get away with.
It is possible to dig deeply when reviewing AirBNBs to see how many units the host has, if they're associated with corporate owners. It takes more time, but it is still possible to find people renting parts of their home like it was originally.
Early in my experience, I had the internet crap out at one place and the host wasn’t responsive to fixing it, so I petitioned Airbnb support to cancel my reservation.
They did so on the grounds that I had happened to ask the host about the quality of their WiFi prior to booking and was assured that it would be solid.
Since then, I always make a point to give the host a minor 3rd degree about the WiFi quality prior to booking, and have gone years without major trouble.
Hotel WiFi reliability has improved greatly during that time, but I need some sort of explicit guarantee from them before I would make the transition to more hotel stays.
Rather than an ironclad guarantee that the internet will 100% stay functional, more precisely what I want is a guarantee that the host will be approximately as responsive to outages as I myself would be were it my own internet at my own home, which is the best that anyone can realistically do.
I suppose if someone’s internet went down for weeks I might have to opt out of the reservation, which isn’t totally fair to the host if it’s not their fault and it’s beyond their control.
But also that has never happened, and it similarly wouldn’t be totally fair to me if the internet were to go down at my own home and I had to rent a coworking space for an extended period.
Doesn't this mean the neighbourhood became more socioeconomically diverse? In the US especially, socioeconomics are often tied to race, and the dominant race reduced by 20%, a minority race increased by 18%, and I assume another race increased by 2%.
In the space of a year, prices doubled, and then there was fees not included in the price so when I accepted those prices and fees and went to book, there was more fees under the "checkout" section.
That might have been 7 years ago when good quality hotels were parity to the final price. Obviously I haven't been back on any of these since but it was definitely amazing at one point.
I also don’t understand the appeal of Kardashians
- and for working vacations (yay, remote work) with kids.
- They’re great in areas poorly-served by hotels.
- They often let you stay directly in or at least much closer to nice places than hotels do. Have coffee on the deck among the trees, smelling the pines and listening to the birds, and feel the mountain breeze as you wake up, versus continental breakfast among the sights and smells of a typical dreary hotel, then driving 20 minutes to reach the mountains. That kind of thing.
- If you’re looking to move, they let you sample living in various parts of a city or in several towns in a way that hotels very much do not.
And I also do not understand the appeal of the Kardashians, and so that was a strange thing to try to equate.
In some cases the AirBnbs got me a much better location at a reasonable price. Vienna and Paris in particular. But then places like Prague and Berlin had more reasonable and central options w/ hotels (both 25 hours Bikini Berlin and Numa Prague were incredible experiences).
The experience is not that bad except when you inevitably get a shit!y renter but that's on the renter.
I feel like it is only people who were satisfied by hotels, taxis, cable companies for whatever reason that keep expecting/hoping airbnb,uber,neflix and the like to go under. If anything, I fully support tax payer money bailing out these companies instead of banks or subsidizing them instead if oil companies. Their value to the average person's quality of life is immense.
It's a middleman that needs to go extinct.
This one article is mostly about NYC (and forward looking) but it’s part of a larger tapestry of “Airbnb is dead”, “nobody uses Airbnb anymore” articles and social content (particularly on TikTok) that might lead you to think Airbnb and its hosts are in freefall.
The problem is that the reality looks to be totally different. Airbnb keeps putting up record quarters, and while the economics are changing for hosts (many markets are definitely becoming saturated) the platform and the model appear to not have actually lost much if any strength over the 12-18 months that this has been a popular narrative.