As an operator of an AirBNB business that does well over $100k gross a month, I think AirBNB Arb’ers and small hosts are going to be royally F’ed the next 12 months, if they aren’t already.
Here’s why:
- High Rates / Rents / Prices of Homes
- Oversupply of listings
- Weakening demand
- Rising labor costs
- Shift back to hotels
- Here is the kick in the crotch: rise of guests realizing they can incessantly complain about anything and get back massive money per booking and nothing you can do as a host!!
What I think that means for hosts:
- Arb’ers will fail bc of compressed margins that were already pretty tight
- Mom and pop hosts will realize it’s not worth the headache and cease operations and shift back to LTR
The good news is that if you can hold it together you may over long term actually do very good when supply of listings drops, guest demand returns, and AirBNB realizes that it needs hosts and corrects the system.
Drop your thoughts 👇
@fiago7 Anyone saying any other direction from NY other than South has no clue about life.
Must hit cities: DC, Charleston, Savannah, Palm Beach, and Miami.
There are several other good ones too, but from Europe these are the fun ones to hit.
@SolanaAndFCS@senadin@CroatiaFooty His father is muslim and Bosnian, but his mother is Croatian. He’s mixed. Pre-war we didn’t care about who’s what or religion. It’s politically fabricated and you’re a brainwashed product of it.
@bkavoussi@BillAckman There will never not be a shortage in NYC. You couldn’t build enough to alleviate a shortage. It’s not like Texas cities. It’s a small land area and it’s incredibly expensive and hard to build.
@EYakoby@kdgt This is propaganda. Plenty of Muslims gladly coexist throughout the world. Look at NYC. Most Jewish-heavy locations outside of Israel and Muslim-Mamdani won the Jewish vote over an Italian Cuomo.
@Michaelfiore I live in NY and my whole backyard is turf. Everyone called me crazy for doing it, now everyone loves it. Looks beautiful year round, doesn’t require a landscaper, and if you have kids they don’t get dirty playing and rolling around in it!
Plus I save on water bills!
@Arsenal Arsenal has a chance to set a record this season with a 2nd place finish!
No team has ever, in English top flight history, finished runners up four times consecutively. Epic.