EP138: This Week in the World of Airbnb
Summary
This 'Get Paid For Your Pad' episode discusses various Airbnb news items. Key topics include Airbnb's potential IPO timeline, expected disruption in air travel, and the enforcement of the 'One Host, One Home' policy in San Francisco. Hosts should stay updated on Airbnb's developments and regulatory changes impacting their listings.
Key Insights
- •Airbnb pulled 923 listings in San Francisco due to violations of “One Host, One Home” policy. This included 317 entire homes, 26 private rooms, and 580 shared rooms.
- •Airbnb co-founder Joe Gebbia shared his journey from selling drawings to co-founding global powerhouse Airbnb. The business has grown from 500,000 users in 2012 to 3 million today.
- •Airbnb CEO Brian Chesky indicated that going public is a 'Two-Year Project', implying an IPO in 2018.
- •Airbnb is expecting a “revolution” in air travel.
Action Items
- ✓If you have listings in San Francisco, ensure compliance with the 'One Host, One Home' policy.Effort: mediumImpact: high
- ✓Stay informed about Airbnb's IPO timeline and how it might impact your business.Effort: lowImpact: medium
Tools & Resources
- →Strait Times: The episode references an interview with Joe Gebbia in the Strait Times.(straitstimes.com)
- →fortune.com: The episode mentions a Fortune article on Airbnb CEO Brian Chesky(fortune.com)
- →hcnet.com: The episode mentions a hcnet.com article on Airbnb in San Francisco.(hcnet.com)
- →cnbc.com: The episode mentions a CNBC article on Airbnb CEO Brian Chesky(cnbc.com)
Common Mistakes
- ⚠Failure to comply with local regulations, such as the 'One Host, One Home' policy in San Francisco, can lead to listing removals.
More from Growth & Marketing
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This article discusses the emergence of a new platform designed as an 'Airbnb' for hourly creative spaces. It aims to solve the difficulties creators face when finding and renting spaces. While not directly about STRs, it highlights a potential niche market that could be applicable to hosts considering offering hourly space rentals, indicating a shift towards accommodating creative industries.
Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.
Curated by Learn STR by GoStudioM