News@lemmy.worldEnglish · 20 days ago

Airbnb's struggles go beyond people spending less. It's losing some travelers to hotels.

www.businessinsider.com

132

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Airbnb's struggles go beyond people spending less. It's losing some travelers to hotels.

www.businessinsider.com

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News@lemmy.worldEnglish · 20 days ago

132

Airbnb stock tumbled after the company predicted slowing demand. Some Airbnb fans say they now favor hotels' consistency and cost-effectiveness.

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.

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I won’t use them again. It’s morally questionable to support that business model during a global housing crisis.

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