Hotel booking increased in last 6 months, Airbnb revenue is going down 
  
 Also you are checking for 5Y, which include Covid years. That's fucked up data to analyse

Consultant

Agreed. Also, It was listed at a massive premium. Shares doubled on listing. 
 And that's the only gains it has to show for itself. 
 Weak guidance + Founder selling shares + ESOP dilution + Overindexation on DEI & ESG vs shareholder wealth creation.

Business Analyst

It has become more expensive to stay at AirBnb these days. People are preferring hotels over it.  
 Saying this in global context.  
  
 There’s also short term rental laws passed in US earlier this year, which also puts dents in AirBnBs business.

Product Manager

Product Owner

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What happened to Airbnb… Just doesn’t work

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What happened to Airbnb… Just doesn’t work- Grapevine

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Airbnb's success story stands out in stark contrast to the struggles of other startups. Unlike Zillow's disastrous attempt at house-flipping, Airbnb has flourished for over a decade. Their revenue skyrocketed, tripling from $3.3 billion to nearly $10 billion. Even more impressive, they flipped profitability, going from annual losses of $4-5 billion to earning the same staggering amount. Perhaps the strongest indicator of their dominance is their resilient stock price. Unlike the post-IPO crashes

How Airbnb accidentally screwed the US housing market and made $100 billion

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- 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)

Airbnb Faces Challenges as Travelers Opt for Hotels

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airbnb laying off ?

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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.

Massive layoff at oyo

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

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

If I was a flat owner, I wouldn’t care what other person looks like OR has an aura OR blah blah blah until he signs the deed and gets me rent on every 1st. 
  
 I don’t have to like my tenant 🧟‍♂️

Program Manager

Senior Software Engineer

- 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/)

Airbnb Plans Expansion Beyond Short-Term Rentals

Hi fam, wanted to know your thoughts on becoming Airbnb hosts in Bengaluru. I currently reside in bengaluru. Honestly, i had great airbnb experiences wherever I stayed and since I have a knack for DIY my interiors so why not become an airbnb host. 

Give me thoughts as where should I start ? How to find good deals and property, should I take help of a broker? Is there any profit margin involve at initial level? What are extra costs involved like caretaker and maintenance? Are landlords in bangalore comfortable in leasing/renting out their property as airbnb? 

I’m thinking to apply the lease/rental model instead of buying the property. If someone is doing the same wanted to know their journey. My aim is to start with one property and eventually expand it.

Airbnb as a Passive Income

Lead Designer

My relative works with Airbnb as a fully remote worker & thus was at my place for a few days & sobbed his heart out. There’s a super boss who’s abusive at work calls & just when i was about to tell him to chill & cope it, I was told the super boss was drunk at the call. My relative has never been a slack worker & has had multiple promotions at his previous company but it seems he’s close to a nervous wreck He’s close to depression now thanks to this super boss and contemplating putting his papers. The immediate boss of my relative has asked my relative to cop it & said that it’s just part of the job & wants my relative to continue in his role. I was wondering how well known companies like Airbnb has this culture?

Abusive Drunk Manager at Airbnb

Risk Analytics

Just saw a couple of Reddit posts about Furlenco not taking back their furnitures and literally ghosting customers.

Their website is also down and tells you to use the app instead.

Why would you (PM?) halt a complete website experience until the new one has been built? 
Seems fishy. 

Would help if anybody working with Furlenco here could comment. 

( On a completely unrelated note, I just placed a return request for my rented furniture with them 🥲)

What happened to Airbnb… Just doesn’t work

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