EP199: This Week in the World of Airbnb
Summary
This episode of Get Paid For Your Pad discusses various Airbnb updates, including the slow growth of Airbnb Experiences, changes in leadership, and growth in the African market. Hosts should take note of the evolving market trends and the need for strategic revenue management.
Key Insights
- •Airbnb Experiences have only 3K experiences versus 4M homes, showing slower growth than expected.
- •Airbnb is experiencing rapid growth in Africa, with 100K listings and 2M guests in the last five years, earning hosts $139M last year.
Action Items
- ✓Hosts should consider exploring and potentially offering experiences to leverage the platform's features, especially if in a high-growth area.Effort: mediumImpact: medium
Tools & Resources
- →fortune.com: The episode references a website about Airbnb CEO comments: fortune.com/2017/10/23/airbnb-ceo-experiences-new-york/(fortune.com/2017/10/23/airbnb-ceo-experiences-new-york/)
- →VRMA, Bloomberg, Skift, CNN: The episode also references VRMA and other news articles from Bloomberg, Skift, and CNN.
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