Amusing how many people didn't believe that the Airbnb crash was real last year. Well now there's no doubting it. Expect their earnings to continue to worsen in coming quarters as their core business in the US deterioriates. Track inventory data on Reventure App to see where the biggest increase in for sale listings is happening: www.reventure.app
I hope their raycist garbage company goes bankrupt this month... i spent 20k with aorbnb over 3 years n they treated me like crap when raycist foreignors started buying up everything n practicing segregation..the hotels are raycists ash now to.. but mainly only to blak males
Airbnb u have to clean up, take out the trash, remove sheets, start washer, clean dishes. Also charge $100-200 for cleaning fees While costing more than hotels. No wonder no one wants to use airbnb.
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?
Given the current market situation and the precarious state of the economy, I would recommend refraining from investing in stocks for a while or, alternatively, seeking guidance from a financial advisor. However, keeping a portion of your wealth in gold remains a wise choice.
I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I stopped using AIRBNB because of the crazy fees and list of demands! Why am I paying a $300 cleaning fee and you got a binder full of cleaning criteria I have to do before leaving! I booked my last 2 vacations at the Hilton and loved it! Had a whole suite, with cleaning and free breakfast every morning! I will never go back to AIRBNB again!
Charge cleaning fee, pay cleaning service less, pocket difference, claim expense against income. Tax free money while lowering taxable income. That's why you're being charged a cleaning fee but still cleaning. Hosts will ruin Airbnb trying to maximize profit and minimize expenses in this way. Not happy about the cost of doing business so don't do business with them when they want to punish their customers.
@@inflationsux The last one I went to charged me $300 cleaning fee and they had a literal binder with details on how and what to clean in each room! I spent 2 hours cleaning before check out in a 1 bedroom cabin!!! And I’m a fairly clean person! I had to strip bedding and wash it, sweep/vacuum every room, wash all dishes, wipe down literally everything in every room, restock the toiletries and other items and the lists just kept going! I left and said I’ll never use another AIRBNB in my life!!! I was basically the cleaning lady and was charged a dam cleaning fee!!!
Not really. An airbnb that has 3-4 bedrooms and costs 200-300 a night on an average can be split up between 3-4 couples and save alot more money that way , and also not to mention have there own private pool and hottub without having to share it with people you don't know . Airbnb is wonderful for those reasons alone!!
Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, Middle East crisis-how many crises can one handle? As I approach retirement with a comfortable few million, I’m nervous about a potential market crisis but also want to capitalize on a possible correction. Where should I focus to best grow my money?
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Sophia Maurine Lanting for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Back when Airbnb was really taking off a few years ago I helped many ABB owners furnish their real estate for potential guests. What I experienced was the mentality of GREED. I don’t feel bad at all for them.
Yeah….that’s bc you got men involved in it. From both sides bc you got men like this guy who thinks the owner owes him for his car scraping a carport and the squatters who don’t leave for a whole year. Both males. You want an industry to be clean, KEEP IT FROM MEN.
Yep. A bunch of people who have no experience or skill in hospitality management trying to get rich by price gouging people trying to travel. They can rot.
I’m in the Airbnb business in Israel, Cyprus, Greece, and the UAE. It’s also hit or miss. It really depends if the host has experience in the hospitality sector. If they do, the service is great and repeat guests are plentiful. If not though, don’t count on it. It’ll be just like the US if not worse.
I’m a flight attendant and so far, the international flights are full…. but more and more people dislike airbnbs. I’ve stayed in them maybe 50 times. A few were nice, but the majority were dirty or smelled like last nights dinner. This is gross, but I look for stray hairs in the bathroom, and I almost always find a few. The bed linens are kind of gross. The neighborhoods are often unsafe and the hosts sometimes odd. NEVER AGAIN. Now I stay at Marriotts and earn points :)
Exactly! That's why we stopped going to Airbnb. They charge more than a hotel and they are gross. If you want to just do 1-day trip and hop around, it's much better to go to a hotel, cause their cleaning fee is outrageous for 1 day vs the hotel.
I’ve booked tons of hotel rooms and Airbnb’s (and VRBO’s) for my employees when they travel. Years ago, airbnb saved me money, but now hotels are cheaper, more practical and offer free breakfast for my employees, so back to hotels. When I add the hotel loyalty programs, it’s a no brainer.
If the breakfast is included they still charged you for it. Personally I don't tend to eat much in the morning so I don't find it that good value to have breakfast included. I suppose it means they are serving all the guests so there is an economy of scale. I got a hotel room once for $3 a night in Slovakia. They basically gave me the room for free on condition I would pay for lunch or dinner in their restaurant. I did get breakfast at an airbnb once but he wanted a donation and i felt uncomfortable about how much would be expected. No doubt he was a good host. The sort that made airbnb a success in the first place. I suppose there is a problem with sharing a platform with other hosts that are totally on a different level. Maybe those good hosts need a better home since it is like mixing oil and water. Airbb are clearly going after their share prices and the high end of the market.
Locals already have houses and are happy they can rent their garage for nice money😀 Seriously, isn’t that just tourism? Why airbnb specifically? I rent apartments through Booking, isn’t it the same? Weren’t people always renting out apartments in tourist areas? And there is just more tourism nowadays?
That's very sad and I can relate as I almost was going to move to Steamboat Springs, CO. Hopefully you can get involved in city council and pass laws to mitigate the problem.
@@lukazupie7220 AirBNB exacerbated the housing crisis and I think governments can differentiate apartments from homes or townhomes in the taxing of non-owner occupied homes. I think there can be a certain number of homes allowed to AirBNB, much like the government would allocate liqour licenses. You wouldn't want every business to be a bar just like you wouldn't want every home in a subdivision to be a rental. It destroys the fabric of community.
@@ce5392 i ask again, why airbnb? It is just tourism in general. the amount of bars in my country is not limited and anyone can sell alcohol. Guess what we still have other businesses.😀 Anyway, i believe everyone should be able to rent their house to tourists if they want to. Now if those tourists are loud during the night etc, that can be revoked.. but just bcs some randoms want to live near the beach for cheap, no.😀
I am an Airbnb host. I am 100% not surprised. I only have 3 rules. No parties, no excess noise, no smoking. I check in on the guest once every other day at most (“hi, how is everything”)… but in general; I leave them alone. I try to mimic everything that local hotels do as much as possible. They are successful for a reason. That said; I am in a few hosting forums. The things I read about, are very sad. Here are a few things that are common for some hosts to do: 1. Check in on the guests too much; try and be friends with them. (*Weird) 2. Have too many rules, weird rules, too strict. (Turn porch light out at night, only use sugar packets for coffee, no visitors at all, etc, etc, etc). (*overbearing) 3. Slow to fix things. Something breaks….. and they have to call a handyman, who may or may not come. A LOT of hosts don’t even know how to use a hammer or screwdriver. (*unskilled) 4. Checking out is unusual, or tedious (examples: Before you check out…. wash all linens and towels and fold them. Turn off all lights and the a/c. Hide door key under pot in the planter. Vacuum all rooms, sweep the back patio, etc, etc. (*cheap, controlling and/or lazy host). I am a HOST, and I DON’T stay in short term rentals when I travel. Why?! I too have had many terrible experiences with hosts who make a bad name for the industry. This is my last year hosting, before I move on to other ventures. I’d say about 5% of my guests are just sh*tty guests. However, I’d say about 10-15% of hosts, SHOULD NOT be hosts.
As a host, you are shooting yourself in the foot. Hotels don’t want us to succeed. This is a hateraid video created to ki ll your business and extra revenue stream.
Yeah we did it for a few years. Not a chance in hell I would trust my 'guests' to do the laundry for the next group. We totally aligned with your rules...
I booked a Vrbo 3 months in advance for a place to stay during the weekend my son was getting married. The owner messaged me about a month before the reservation date stating he needed the house I reserved for his own use that weekend, and cancelled my reservation. Now I can’t find a comparable rental for a comparable price. Why should I have to pay a consequence when the owner bailed. Vrbo did nothing to help me. Never again.
AirBnB declines are more likely related to competition. Prices with rent, taxes and cleaning fees are no longer comparable to hotel rates. Hotels offer a better deal financially.
We are not traveling less. We are just sick of paying, for example, $300/ night and PLUS $250 a night for “cleaning fees”, $$75/ night if you want the pool heated, PLUS taxes, multiple other restrictions and costs. Please. They destroyed themselves.
@@aura_daddy Both the Pittsburgh and Seattle airports were madhouses when I traveled 2 weeks ago. Seattle came through at 4:00 pm and it took me 45 minutes to get through security and that was the short line. The first two security lines I walked past because they were even longer.
Nobody charges $250/night for cleaning fees unless you are only staying one night. Not a smart idea with Airbnb as it’s geared to at least a few nights not just over night. $75/night for a heated pool? That seems ridiculous of them. There are good Airbnb’s out there that are worth the price imo. I’ve stayed in quite a few but none with a pool.
Taxis ? Noooo. At least not in Las Vegas where they absolutely won’t come to your house to take you to the dentist. They only want strip and airport fares. It’s pretty much a monopoly here so no use trying different cab companies. The day Uber arrived was a day to rejoice!
I stayed at a place and made complaints. They proceeded to tell me my movements about the grounds. I was under surveillance!! I understand their paranoia. I think the whole model is collapsing. I hope so because Airbnb has turned into a racket.
@@nikmills hidden cameras are ILLEGAL... PERIOD. BUT POSTED camera are CRITICAL for safety and holding problematic guests ACCOUNTABLE I have at LEAST 40 stories of guests doing REALLY fickle up things around my AirBnb, and had i NOT CAUGHT them on camera AirBnb would've pretended it was MY FAULT... particularly the DAMAGE THEY CAUSED
Very similar experience in Austin, TX. If it weren't for American Express who dealt with the awful 'host', my money would've been gone. Air B&B were worse than useless regarding customer service. I think I talked to about 7 different people within the space of 2 days.
We just stayed in California to go to SeaWorld and Universal Studios and stayed in Hilton hotels because we had a horrific experience with Airbnb on a previous vacation. There were 5 of us (3 adults, 2 kids) and we got a 1 bedroom suite with a kitchen for only $225 per night. We couldn't find that on Airbnb. Plus, no cleaning fees, free parking, they came in and made our beds, and we didn't have to do dishes or chores before leaving. We saved money, had a kitchen, separate bedroom space, and no stress! Plus we earned points so our next stay will be even cheaper! If we had more than 5 people I would just get another room or a larger suite. We didn't need a whole house for a week vacation.
Wow, things have really changed! When I booked an Airbnb in Vancouver five years ago, it was in a beautiful neighborhood with many multi-million-dollar homes. We had the entire lower level of the house with our own private entrance, which was only $85.00 per night. It was really wonderful. The idea of the company not breaking out earnings individually seems extremely troublesome for investors. At the time, Vancouver was starting a war with Airbnb because hotel interests were losing money. It's a shame for both travelers and small homeowners that things have worsened. The man who rented us his downstairs lived on the upper level and he was as nice as could be. We had a wonderful trip, partly because of the nice accommodations.
man you smashed that support column ... looks serious ... hopefully your insurance covered it ... take responsibility , you crashed the host's carpot ...
Stayed in an airbnb in the French quarter. Opened the door with the code the host gave me and there were random people in there who I walked in on. My airbnb was already booked!
When I lived in Savannah, there was an Airbnb across the street. One night the two couples who rented it, must have had a late night party with over 40 cars and at least 100 people mulling about. I did call the police.
I booked a AirB&B in Florida and it ended up being a fake listing. I got suspicious when, after booking, the host didnt reach out after i sent a message to confirm. When he did respond, it was in responses that didn't make sense. So I searched the property online, made some calls and discovered that the "host" didnt own the property. Scam. Air BnB refunded all my money but this could have been a disaster if my family and relatives had flown there to find out we had no place to stay upon arrival
similar thing happened to me. host with good ratings just stopped replying and went awol so I couldnt enter the property and had to find a hostel on the spot. turned out to be a scam. it took months of back and forth to get a refund.
AIRBNB customer support is located in India. Little knowledge of the actual USA markets and NO desire to actually service customer issues. We rented an AIRBNB in Montreal last May.that was advertised as a 4 bedroom with A/C and located near a commuter train.Upon arrival 3 bedrooms had furniture, the a/c turned off in spite of temps outside in the mid 80's and no train within 30 minutes.On the second day the owner shows up looking for some baking supplies as she said she was staying with friends down the street.Speaking to AIRBNB they said they'd speak to the owners .They never did as the came looking for items they wanted from the closets.
India should be the last place on earth to put a customer service center for hospitality. Scammers and street chitters don't care about customer service.
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.I can't fold and watch people around me suffer.
The current situation has taught us the importance of multiple alternatives as. Create a self business, or partake in investment. That's the key to living financially stable.
Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.
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I have stayed in many AIRBNB years ago, now the Hosts are after money only. We now stay in Hotels, we don't to take out the trash, put towels in the washing machine, load the dishwasher, take your shoes off, I could go on and on. Oh the fees, service fee, cleaning fee, saying hello fee ......
EXACTLY!!! I can't stand it. My daughter just rented an ABNB, she had a guest come in from out of town with an infant. The owner had cameras and was on the property and started messaging her that only the assigned guests could ENTER the property. Not stay overnight. ENTER. I stay at hotels whever I can.
yeah it started well, but quickly went to shit coz people started abusing it. ive stayed in many airbnbs all around europe and mexico, the idea was good coz staying in someones apartment feels more homey than a standard hotel, but it became very fast unreliable. you have hosts with good ratings completely disappearing not replying messages but still taking your money and a million other ways you can get screwed.
@lebisque9194 i own an airbnb. You would be surprised how sneaky and dishonest people are. I has a group set up a wedding with 40 people and destroyed my septic and flooded my house. Guest limits are there for a reason. I charge 300 a night after clean fees an taxes for up to 10 guests. Explain to me how thats an unfair deal in Calofornia where the hotel with no amenities charges 200 a night for a single room and a crappy breakfast among strangers...
Saying hello fee?!?! Is that something they charge for? Like what the actual crap is that? You get a saying hello fee for not saying hello? Seriously?! These fees are outrageous!
@rachelmeidinger9441 if you ran an airbnb and a guest requested a visit to to say hello... wouldn't you charge a fee? I have better things to do. Some hosts actually want to interact with their guests... someone to be hands off. I'm hands off. I need a good reason to show up. Something better be broken. It takes a lot of work to keep these spaces nice and functioning with amenities.
AirBnB is tanking worldwide due the same issues as being experienced here in the U.S. The whole idea of checking into an empty house owned by a stranger is creepy AF anyway
I also have many allergies that prevent me from eating out but the airbnbs have become so horrible. I now travel with a small crockpot and a Dash mini electric griddle to use in my hotel room. It has been life changing.
Me too. I have one. Got thrown out of an airbnb for complaining about loud noise from the walls next to me at another airbnb property. I got kicked out for complaining due to loss of sleep. They also kicked me out while I was recovering from a flu and trying to stay inside and not go out. They threw me out in the cold while I was sick and I ended up hitting a deer while I was sick in the middle of the night. (Try driving when you are dog arse sick). I got to the next hotel FINALLY and had my car in the shop the next day. Airbnb made them give me all my money back but nothing can replace what a HORRIBLE experience that was. I reported them to the police as well.
Dont have a horror story but I have rented private rooms where they just converted the house into an unregistered hostel, like 8 bunk beds in a garage or a pod hotel setup
They had to put a halt to adding more Airbnb’s to the town I live in. They were buying up all the affordable houses, and there was nothing left for people to live in. I will not cry a tear if Airbnb completely collapses. I’ve stayed at two Airbnb’s, the hassle was definitely not worth the price. A hotel is so much easier. And cheaper nowadays.
I'd guess that all the airbnn'n in the world could be put on the market tomorrow and it would have virtually no impact on prices. If there is places where they have been shut down then there should be actual evidence of it solving the problem but ofcourse it didn't.
@@catkin-z8g back then it wasn’t so much the prices that were the problem, it was just the sheer number. People were buying up 1020 and 30 houses at a time. And these were usually the affordable houses in town. That was the problem. all the ridiculous prices came a couple years later.
I was just looking at rentals today. Their rates have doubled for the North Georgia area from just 8 months ago. With the inflation and the horrible reviews, AirB&B has seen its better days
That was my thought. He hired a Tacoma (did he need it?) the owner said he wasn't sure it would fit, and he chose to put it in there, he managed to drive it in there with no damage, but hit it on the way out? That's on him.
Airbnb is horrible, and the last experience happened traveling as a family. I will never stay at one of their properties again, never ever. The last one had mold in the closets, I found it, and they made me feel like I had done something wrong. Never again. I totally hate the Airbnb customer service and so called "ambassadors"....I share your view that there is no consistency or QC. I have never been treated like this at any other hotel. I completed my stay at a hotel, but it was a totally horrible experience. Rather than a personal chef, they should make sure the quality of the places and experiences are consistent, also their ambassadors are off-shored and they are not caring or professional at all.
You are 1000% accurate. I’ve been a superhost 10 years, but also a renter more lately, not a host. Unfortunately, some hosts don’t care about proper, reasonable living situation for a renter traveling & the importance of feeling at ease in a short term rental.
As a host who actually uses Airbnb as it was designed to be, people don’t take care of your house. Not all but many people tear your house apart, so I limit the amount of stays I have. I travel for work, so I use Airbnb as it was originally used for. I don’t over charge and I do not have a long cleaning list, just clean up after yourself. My cleaning fee is only $100 so I take a loss with the fee. Cleaning fees are currently averaging $200. I think most host do overcharge and don’t provide quality service. My goal is to make sure guest are comfortable and are treated kindly. All I ask is take care of my home please, this is actually my home not a place I brought to make high profits.
Host here... My cleaners are not over paid and they do more than change the sheets. Sometimes I wonder if anyone can do math anymore. Mine drive clear across town, then up a mountain, clean the entire place, drain wash and fill a hot tub, etc. How much do you think that costs a host?
Before I exit Airbnb I tidy the kitchen and load recent dishes in the dishwasher, generally place used towels on the floor for cleaners to deal with or put them in the laundry room.
Most hotels have bedbugs and dirty carpet. You have to share the pool with strangers . I would much rather use an airbnb and have the pool to me and my wife
Hotels only for me. Like my room cleaned daily and getting room service if I want it. Hotels also have a gym, pool, restaurants, and lounge available. More amenities the better.
Another thing that makes Airbnb the worst. When is the last time a hotel that you booked months in advance called you to cancel? I would say probably never unless there was a fire or a flood or something. But Airbnb hosts do this all the time. There was a story about someone who booked a year in advance because they knew about a Taylor Swift concert And guess what the hosted a few months before her booking because they found out about the Taylor Swift concert and realized that they could get a lot more money? Of course they canceled on that person and suddenly the person who had planned in advance was facing hotel and Airbnb prices that were like 10 X what she had originally booked at.
We had one is Sarasota that got flooded, they told us they were gonna try and get it fixed.... yea gonna get flood damage fixed in 2 weeks with everyone else who was flooded too? doubt it. We canceled couldn't take the chance.
I would absolutely love to see AirBnb and VRBO go bankrupt and close. It should never have been allowed for a house in a single family home residential neighborhood to bexome an overnight or weekend flop house. Single family homes are for families and NOT transients. If those people want a weekend getaway then they can stay in a hotel thats properly zoned for such.
Tell me you’ve never heard of vacation homes and rental homes without telling me you haven’t you’re the type of person that wants the government to control your entire life and existence more so you’re just jealous that other people have figured out a way to make a decent living with extra income, bitter ass people work harder in life maybe you’ll achieve more
10 years ago it was great, now it’s just a rip off. Hotels are a much better deal with no BS fees, fresh towels and someone at the front desk if you need something.
After a series of bad experiences with airbnb over the last 3 years, i am very hesitant to stay in one ever again. At the same time, hotel benefits are getting better and better.
I have been using hotels instead of Airbnb for the reason of reward points and privacy . Renting a room on Airbnb for the same price or more expensive than a nice hotel like Hilton is not a brainer.
@@cacique260When you have friends and family with you , you dint want to buy 5 rooms in a hotel, you want to split the cost of 1 airbnb and save alot of money. Especially when you want a private pool and jacuzzi, instead of sharing it with strangers at a hotel. Eww
@@markmarcucio4177 Sounds like a vacation rental. Those have existed long before people started advertising them thru airbnb. You can probably find them cheaper elsewhere.
Yeah see....to me this is weird. In the last 6 years I have traveled extensively throughout the US. Very blessed. 55 different airbnbs and probably two dozen hotels. Almost all of the airbnbs were awesome and I can think of very few of the hotels that were good. And they were not cheap. Probably 50 percent of those hotels required a room change. Best hotels are la quintas (not around atlanta) and holiday Inn express. Airbnbs...get superhosts and read the reviews you won't have any problems!
Rented an Airbnb in Los Angeles and it said it was an 8 minute walk to my destination. Turns out I was a 15 minute drive. I told the story to my wife and she said the same thing had happened to a friend in LA and they needed to keep their car rental in order to commute to their destination. The actual accommodations were good but in a sketchy area.
Really? I never travel anywhere or book anything without checking out the place with google maps. Seriously it’s that easy to confirm whether a place will work for you and avoid a totally ruined vacation.
Dude, I've got to call you out. it looks like you did some structural damage to that guy's garage and whatever was above it by trying to park a vehicle that was obviously too big for the space. While he may not have been within his rights to kick you out, he definitively was right to lose his sh*t over it. So you may want to calm down from that high horse
I agree with this video. I have started to use Air BnB and the prices do rival the hotels and you do get less services and sometimes you don’t know what you are walking into. The neighborhood could be run down and the house could be haunted and things inside broken and someone tried to blame you.
I am personally happy to see the 'bad actors' posing as 'hosts' being weeded out. As an STR owner who is in it for more than just revenue (trust me, sometimes I take a loss to go the extra mile and do the right thing, pay for all the permitting and insurance, and provide consistent quality for my A-frame cabin in Tahoe), these money-grabbing, GENERIC-looking Airbnb's make us all look bad. All STR owners are not the same, some of us have unique spaces that people appreciate because they are not a mass-produced hotel...and not all of us owners use Airbnb solely.
Probably it's because more and more people realize hotels are a far superior option when looking for places to stay. This whole "living like a local" trend was cool when it was meeting up with locals and staying in a spare room, and not all these finance bros buying up housing just to turn them into STRs. Hotels on the other hand are designed to accommodate visitors and tourists and make their stay pleasant and enjoyable. Most people making a good salary would much rather spend $200 a night on a good hotel than $100 a night on an iffy airbnb (with a $150 cleaning fee).
2023 I stayed at an Airbnb just outside NYC in New Jersey. When I walked in I could smell the owner’s cologne. Two TVs did not work. The toilet was not functioning properly. That was my last Airbnb.
If the owner did not know the size of the truck you should have not try to park it under the carport.I think you are at fault, you damaged their property you should be liable to fix it even in a hotel you will be responsible for repair.
Airbnbs never appealed or made sense to me. When I go on vacation I don’t want to clean or cook. To me, that isn’t a vacation. if I have to do that, I will stay home.
AirBnb fees are ridiculous. I've been doing a lot of traveling this year and I've looked into booking an airbnb for every trip but between the high asking prices and the ludicrous cleaning fees ($250 for a two night stay?), it just makes no sense to go with an airbnb these days when you can stay at a hotel downtown for less. Airbnb owners have that same landlord mentality that tells them they shouldn't ever have to lose money on anything, ever, and the fact that they own the property entitles them to free money,
It was an accident, and he got in touch immediately to resolve it... but the host kicked him out. If he accidentally caused damage at a hotel and went straight to concierge they wouldn't kick him out over it.
Totally agree about Airbnb: 1. I flew to Puerto Rico and needed an overnight in the metro area before driving to visit family the next day. The person who rented to me was at odds with her roommates who threatened to call the police to boot me out. They said she was illegally renting out one room. 2. I flew to LA. and drove to Ventura arriving at night to a large loose dog that followed me up and down steep ceramic steps 3. I rented what was about as big as a closet in Savannah and could smell the coffee without so much as any offered to guests. And this cost over $100 4. The worst was a young woman who listed the room as open to pets but then charged me a cleaning fee and $179 for the area rug. What kind of idiot puts a supposedly non-washable rug in a pet friendly room? I had a few others that were decent and interesting. But these stand out.
I have used Airbnb for at least 5 years and with about 20 rentals. I have so far never experienced a problem. Obviously the quality of hosts varies but I carefully read reviews and find them to be accurate overall. Most of our stays have been in resort towns or rural areas with outdoor recreation nearby. If you want to stay in a motel room to save a few dollars that’s up to you but the extra space and amenities make them a far better value. I’ve never paid more for an Airbnb than a smaller space in a hotel even with the added fees.
Small carports are a common thing in California. The damage to your vehicle is on you. The carport is stationary. You have an oversized truck and unfortunately you should have parked somewhere else or use xtra precautions backing your vehicle out of the carport.
It's not so much that people are traveling less. They are just not using Airbnb because of all the extra fees baked into Airbnb rentals such as cleaning and service fees, local occupancy taxes, deposits, pet fees, cancellation fees etc. and the fact that many more Airbnb hosts these days are faceless greedy investors.
Hotels have alot of the same fees ,and taxes. Plus they charge for parking every day. And you only get a little room with no kitchen and you have to share the amenities with strangers. I need an airbnb.
@mark, I rather pay the hotel fees and come back to a clean room without needing to go through a binder and pay 1000+ in cleaning fees. Also room service is great. Hotels for the win. There is one airbnb on my street, u have never seen cleaners there….
We've been using VRBO for 15 years and have had very good luck with it. However, earlier this year on our first trip since 2019 we booked a highly rated place in FLA but the 'customer service' was sorely lacking. Owner didn't answer our questions ahead of time, then emailed us instructions on our travel day which we didn't see, then we had to pester an elderly tenant renting the main house on the property to help us at 9PM. The cottage wasn't super clean (the tenant said the other 'guests' had left that same day and she didn't recall a housekeeper coming by) and kitchen wasn't well-stocked with supplies. Apparently, they were trying to sell the property for the past year, which explained obvious deferred maintenance. The hotels we stayed in afterward were more expensive, though, and 2 of 5 had roaches from longterm tenants living there. So it made the VRBO cottage look palatial. LOL! Since that experience we've bought a cab over camper for our truck and will be skipping VRBO and hotels in the continental U.S. from now on. And I don't care how expensive gas gets, we can afford it. Worth every penny having our own little place that's clean and comfortable.
AirBnB's decline indicates their terrible business model, lack of consistent experience, and municipal restrictions. I was a fan in the 2010s. I stopped using them altogether in 2021.
I started in 2021 and I love using airbnbs. There alot more private than hotels. And alot more room for family to be together. Also we don't have to share the swimming pool with strangers
Just came back from my second Vrbo this year. Have had all wonderful experiences, use at least yearly. Hotel? Yes IF there’s an actual kitchen, and a real coffee maker. “Free breakfast “ buffets with people schlepping down in their pj’s is pretty disgusting.
@@Nefoedd if someone crashed their car into your property how would you react ? Would you be like 'oh dude, thats terrible, how can I help you after you damaged my property ?' or would you like... 'DUDE !! What the **** were you thinking ? Please tell me how you are going to put this right !' What is wrong with society in general is that some dufus crashes his car into someones property and then expects the owner of that property to help him. Rather than him being incredibly appologetic and accepting total responsibility for their actions. The very same dufus thinks the air bnb host should have encylopedic knowledge of all cars on the market and their dimensions. If someone asked you if a Ford Ranger 2023 model would fit in your garage and you drive a Toyota prisus you'd be like 'I dont know' and that is pretty reasonable.
With AirBnB you're completely rolling the dice. Not worth doing when on vacation. With any of these platform-to-replace-an-established-business-model the enshittification is inevitable.
Airbnb prices at the very least doubled over the last few years.. The first time I got an Airbnb was in February 2020, right before the pandemic.. It was in University City , a hip neighborhood in Philly not too far from downtown.. Nice and big clean room .. It was only $39 all in.. Loved the experience Now, that same room would probably be $125 a night with some other fees tacked on.. I just usually stay at Motel 6 or Days Inn these days for around $60 to $80 a night .
@@ousamaabdu794 you mean like everything else? condo fees on my airbnb property have tripled. my cleaners charge me double. taxes have and insurance have gone away up. do you expect hosts to subsidize your vacation?
Not taking sides but remember the host and the client are both taking a chance he took a chance on you as much as you took a chance on them, perhaps you should’ve had somebody there to help you guide the truck out or if you felt from the beginning it was too tight you should’ve parked on the street next time you’ll know better and whether it would be an Airbnb or a hotel both should’ve gotten your insurance information which you did not mention and let the insurance company take care of it good luck next time
Nick you stated an incorrect statement about Texas. No Texas city can ban Short Term Rentals. Well settled Texas law allows short term rentals for owners. Lots of case law and State law limiting the local government from restricting property owners rights. Let me know if you want a copy of the legal authority. I’m in ACL and Austin’s ban from years ago now were struck down by State and Federal Court opinions.
I have 55 trips in my airbnb account since 2018. They are from St. john to fairbanks. Never had too many issues. I think maybe 2 that were not as clean as I'd have liked and one that there was a lighting problem. Generally speaking airbnbs are for long stays, or large groups, or for places where there are no hotels. Not one of the airbnbs i have booked were more expeniave than a hotel if available. The cleaning fees are a problem if you are only there for a night or two. If you book with a super host and check out the reviews you should have very few issues.
I was an airbnb hostess for 5 years and got rid of them a year ago. for the first 4 years they offered protection for the host. I left because when a bad guest came in they took the side of the guest even though I had excellent reviews. Most of the guests I had were fabulous but the last 12 months that I was a host the quality of guests deteriorated. Some were looking for a way to get a free place and some were looking for a way to sue. Too much stress for me.
Same thing happened with my best friend who owns many airbnbs. the new trend depending on the location is rent an airbnb to throw a party or family reunion etc. every weekend there's a party with tons of cars no street parking. the neighbors are all losing it! Too big of a hassle, plus the market is saturated & not even worth all of the extra work. cities are all implanting tons of new regulations.
The last airbnb we stayed in was awful. The dryer did not work. Dead cockroaches under the bed. We stayed for 9 nights and left us 1 roll of toilet tissue and 1 roll of cheap paper towels that fell apart. I will never stay at one again.
We lived in a mountain village where there were hundreds of STRs long before Air BNB and I can tell you having STRs in a neighborhood where you own is horrible. A home listed for 6 or 8 occupants will have 14 people in it for a holiday weekend or Christmas week. It's so bad septic systems must be pumped at least annually. I had a property manager tell me a story about tenants burning furniture for firewood.
I’ve consistently had great experiences with AirBnB. Stayed in at least 50 and only 1 or 2 were disappointing. I usually get so much more for the money than a hotel - houses instead of room, hot tubs, privacy and beautiful places.
As a family desiring 2 bedrooms and a kitchen, AirBnB and VRBO are our fav choice. 300/day is high, but if we want the rooms and a comfy, private feeling we go for a house rental.
No, travel is not down. Flights are very full and every “hotel” I have been to this year is heavily booked. People are just fed up with the unprofessionalism of AirBnB. From fake listings to having to “clean” the property like you are a live-in maid to hidden cameras to getting robbed while in the unit. AirBnB was a flawed business model from the very beginning. There is no recession based on the hotel prices and low availability I am seeing. AirBnB does not represent the whole picture of the travel market. It will likely remain a niche market.
True, I just stayed at a hotel and there were only 2 spots left in their giant parking lot. I paid $130 and had 2 beds, amazing breakfast, air conditioning I could adjust, a pool hot tub and gym, no chores, no fees and a lot more. My current airbnb Im at sucks and I cant get a refund. Host wont let me leave in spite of a huge list of issues and customer support is basically a bot.
Upstate New York I'm looking to buy a house. Three of the houses I've seen are presently airbnb rentals. Idiots are paying $775 a night for a house 3 hours drive from NYC. So: Why would the owners sell if they're making that much money?
Host here, and I have found AirBnB support was really bad. Hard to get answers. I had a pricing issue between what I saw and what a guest would see when extending a stay. Found out a host cannot see what a guest will pay and had to use another account to get the answer. Overall the numbers that a guest is shown to pay will not line up with what you will get paid. Finally figured out how to do it and help the person and then get it rebooked. But support was almost 0 help and kept closing out the ticket.
yeah, they rip off the guest and the host. too much fees. i lived with a host in mex and in many cases he would talk directly to the guests and after one night they would settle with cash and cut the middle man.
I normally like your videos a lot, but this one was just a bad take from someone with a personal grudge against Air BNB. You totally wrecked the man's garage, of course he's gonna be pissed, that was a dumb ass move by you, own it & offer to pay to fix it on the spot, then maybe he would have let you stay. On a personal note, I recently rented an entire 3 bedroom home with a private swimming pool in Phoenix for the same price as a cramped hotel room with a shared pool. Air BNB isn't going anywhere soon, it's just too good of a value to die. You can do better.
I’ve stayed in hotels multiple times where I paid twice as much as I would for an Airbnb in the same area, only to find stains on the sheets and hair in the bathroom. On top of that, they charged me $30 to $40 per night for parking. People can create any content they want, but that doesn’t necessarily mean it’s true
The issue is consistency in the experience. I had a terrible experience when the listing in Florida was fake. Refunded money but not the way to relax on vacation. My daughters had a great experience last week when they stayed in Florida with nine friends for 4 days for total 400 dollars. My friend stayed at Air BnB in Puerto Rico and no hot water for entire stay. They need to make the quality of experience consistent from stay to stay. That's what many are complaining about.
AirBnb absolutely changes the character of a residential neighborhood. It works better if the host lives in the same neighborhood, but how often does that happen? Thankful I don’t live next door to one. There are 2 within the same block near here. Strangers coming and going. The City hates them because there’s already not enough housing units for long term residential renters. By stealing that inventory, AirBnb has indirectly forced everyday rental rates upward.
The House next to out our apartment (a unit inside a house) is an Airbnb. Multiple homes on our block are also. Half the block next to us are also with the other half being businesses. Rent is insane here (Arvada Colorado). We don’t have neighbors. We have strangers coming and going.
Isn't there private property? Why are people paying half there lives wages if it belongs to the city? Maybe if someone can't afford to live in the city it is good news for them. There is a better life elsewhere and a short term rental available to get them started.
Dallas DID NOT BAN SFH STR... bro you are not informed. (DALLAS CITY)"They changed zoning rules to allow only one rental in a single unit and to require off-street parking. They also revised the city code to make it mandatory for property owners to register annually with the city, pay related fees and taxes, adhere to occupancy and noise limits, have someone on file who can respond to the property within one hour to address any emergency and other new rules."
I am solo traveling the world and OFTEN stay in AIRBnB’s. My average budget is $20 per night. While I have had a FEW less than stellar rentals most have been perfectly adequate and some were truly great and, the vast majority of hosts have been gracious and charming. The key is to do your research. Look at the photos CLOSELY and read the reviews!
lucky. I have just come back from Italy & France and found the airbnb’s disgusting filthy and equivalent to Australian $100 a night! A hostel was better value at same price! Never again such greedy hosts in Europe
My 2 buddies and I rented an Airbnb penthouse in Thailand overlooking the city and it was epic and well worth it. It’s a 3,000 square foot penthouse for $170/night. A hotel couldn’t compete with that price and location. Depending on where you use airbnb it could definitely be worth it, especially overseas. I’ve also rented airbnb apartments with friends in Colombia, Greece, Mexico, Cuba, and on my next trip Tanzania and Kenya in a couple months.
1st Airbnb I stayed in few years back the mattress had a 2 foot fresh pee stain smelled horrible. 2nd in Houston 2022 was amazing. 3rd 2 weeks ago in Georgia was filled with live spiders, smelled horrible, was like a haunted house(I received a refund booked a hotel)I am 100% done with Airbnb it's hit or miss..
Pro tip: Only choose Airbnb's with at least 20 reviews, preferably 40 or more, with a minimum rating of 4.85, but aim for 4.9 and higher if you want to ensure an enjoyable stay. Never pick a newly listed place unless the host has other properties that meet this criteria.
So you ran into the owners carport, damaged it, and it was you got a refund? How does that make any sense? You should have to pay for that, not the property owner. The rental car agency should also have gone after you to pay for the truck you scratched up. I also disagree with you about the hotel price point being the same. If you have a 3 bedroom house with three double beds, you can sleep six people, and you have a kitchen and other amenities, and you get the whole place to yourself. In a hotel, you'll need to rent multiple rooms for a group that size, so I'm not seeing any equivalence there. It's also becoming a thing now where hotels charge you per day for parking, which is a total gouge.
I had varied experiences staying in Airbnbs in Europe and Turkey from 2020 to mid 2023. I just rented rooms and met a lot of great people and some not so great. But the price for a month at a time which was what I did, was really good for my budget. My experiences were good or bad depending on the host. Most hosts I met were good people. Very welcoming. Especially in Italy. I couldn’t have afforded going out of the US without Airbnb. But in the US the price for an Airbnb is so much more expensive!
