Crises and a declining desire to travel are slowing down room rental companies Airbnb

2023-11-05 06:45:00

2023 has not been an easy year for the US room rental platform Airbnb. Founded 15 years ago in California, the company has had to contend with several negative events. In March there was the so-called “Airbnbust,” where hosts on X (Twitter) sounded the alarm regarding shrinking profit margins and a possible bubble in short-term rentals. Then the competitor Vrbo Airbnb came ahead with a loyalty program. In September, New York tightened the rules

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#Crises #declining #desire #travel #slowing #room #rental #companies #Airbnb

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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