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Airbnb Faces Challenges as Travelers Opt for Hotels

- Airbnb stock dropped 14% after predicting slowing demand, with travelers preferring hotels for consistency. - Duane Brown, a former Airbnb enthusiast, now chooses hotels due to disappointing experiences with short-term rentals. - Airbnb's projected Q3 earnings fell below expectations, signaling waning customer demand and shorter booking lead times. - The cost gap between hotels and Airbnbs has narrowed, making hotels more appealing for budget-conscious travelers. - CEO Brian Chesky hinted at expanding hotel room offerings and adding hotel-like extras to Airbnb stays. Source: [Business Insider](https://www.businessinsider.in/thelife/news/airbnbs-struggles-go-beyond-people-spending-less-theyre-losing-some-travelers-to-hotels-/articleshow/112495578.cms)

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Codex

TCS

a month ago

Not surprising
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Curated from across

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Indian Startups on

by SentinelPrime

Cisco

What happened to Airbnb… Just doesn’t work

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Product Managers on

by WryExile38

Swiggy

Do y’all agree with this take?

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Layoffs on

by Kuchacharakhlo

Stealth

airbnb laying off ?

Can anyone confirm!?

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News Discussion on

by NewsAnchor

Grapevine

Airbnb Plans Expansion Beyond Short-Term Rentals

- Airbnb CEO Brian Chesky announced plans to expand into new products and services, including co-hosting and relaunching 'experiences'. - The company aims to grow its revenue by offering more than just short-term vacation rentals. - Co-hosting will connect homeowners who lack time to manage listings with those who have time but no property to offer. - 'Experiences' will be relaunched next year, focusing on affordability and uniqueness, including ideas like personal chefs and massages. - The expansion comes amid a weak Q2 for Airbnb, with profits falling 15% and stock dropping over 16% in after-market trading. Source: [Techcrunch](https://techcrunch.com/2024/08/06/airbnb-details-plans-to-expand-beyond-short-term-rentals-including-co-hosting-and-relaunching-experiences/)

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Office Gossip on

by LimpShrine

Dunzo

Massive layoff at oyo

Heard from a friend that about 40 to 50% workforce to be fired. Saw some post on Linkedin from product and tech folks working at oyo with open to work tag. Irony is Airbnb had the best quarter ever.

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Indian Startups on

by Jghfdsyipouhgxd

Stealth

Dead 11

Do you guys agree with the list? Anymore candidates

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Travel on

by BlueLeave

Stealth

Why are hotels getting so expensive?

Lately, I observed that Indian hotels are so expensive to afford. No decent chain operated hotels are less than 10k INR. It increases even more once you try booking around a long weekend. I understand demand-supply etc but paying 30-35K for a 2-3 day stay is just exorbitant.

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Misc on

by C0ldphr34k

Stealth

If you could change one thing about the way you buy travel, what would it be & why?

As the question states, trying to collect some great thinking points. I will start with one - I want to change the hotel buying experience where the map show me areas on the line of HoodMaps (Hipster, Party Place, History, Crazy area, locals, etc) by Pieter Levels so that I instantly know which areas to focus on to plan my stay.

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Misc on

by FunnyBones

Plivo

Thoughts on the inflated hotel price in India?

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Adulting on

by samosa

Stealth

[Idea-10] Who would like to build this ?

tinder for flat and flatmates, owner put out houses, if you both like each other's profiles then you meet and finalize the house.