

EP124: This Week in the World of Airbnb
Feb 2, 2017
30:43
Trump is on our radar again this week as his travel ban on refugees from seven Muslim-majority countries has left travelers stranded at airports all over the world.
Jasper is joined by Margot Schmorak, CEO and Co-founder of Hostfully, to discuss the details of Airbnb’s response to the executive order and tech executives speaking out against the policy.
In other news, Jasper and Margot cover Airbnb’s milestone in becoming profitable in the second half of 2016, a complementary service (Traveling Spoon) that offers travelers a meaningful cultural experience, and Jasper’s personal update regarding an exciting new investment.
Some of the topics covered
Article #1: Airbnb Offers Free Housing to People Stranded by Immigration Order
•CEO Brian Chesky is soliciting volunteers to host people in need
•Airbnb will subsidize the cost in locations where free housing is unavailable
Article #2: Airbnb Reaches Profitability
•Significant because other sharing economy firms are still losing money
•Uber lost 3 billion last year
•Airbnb still has nearly all the $3 billion in funding raised
•Success attributed to growth and lack of competition
•Airbnb steals some market share from the hotel industry, but it is also expanding the market
•31% of users in the last 12 months switched from staying with friends and family
•HomeAway’s pricing model and site design prevent it from becoming a true competitor
Article #3: Traveling Spoon, An Airbnb For Home-Cooked Dinners Globally, Launches With $870K in Funding
•Offers home-cooked meals and cooking classes with the best home cooks around the world
•Potential complementary service to market to Airbnb guests
Jasper’s Personal News
•Investment in penthouse in Cali, Colombia
•Building allows short stay rentals
•Will provide high-end accommodations in an area where few are available
Resources Mentioned
Airbnb Volunteer Link to Host Refugees
Article #1: techcrunch.com/2017/01/29/airbnb-free-housing-immigration-ban
Article #2: businessinsider.com/airbnb-reaches-profitability-2017-1
Article #3: techcrunch.com/2015/09/16/traveling-spoon/
travelingspoon.com
eatwith.com
eatfeastly.com
Connect with Jasper
Email: jasper@getpaidforyourpad.com
Twitter: @GetPaidForUrPad
Instagram: @GetPaidForYourPad
Facebook: www.facebook.com/getpaidforyourpad
This episode is sponsored by Aviva IQ. Aviva IQ automates messages to your Airbnb guests. It's also free!
Jasper is joined by Margot Schmorak, CEO and Co-founder of Hostfully, to discuss the details of Airbnb’s response to the executive order and tech executives speaking out against the policy.
In other news, Jasper and Margot cover Airbnb’s milestone in becoming profitable in the second half of 2016, a complementary service (Traveling Spoon) that offers travelers a meaningful cultural experience, and Jasper’s personal update regarding an exciting new investment.
Some of the topics covered
Article #1: Airbnb Offers Free Housing to People Stranded by Immigration Order
•CEO Brian Chesky is soliciting volunteers to host people in need
•Airbnb will subsidize the cost in locations where free housing is unavailable
Article #2: Airbnb Reaches Profitability
•Significant because other sharing economy firms are still losing money
•Uber lost 3 billion last year
•Airbnb still has nearly all the $3 billion in funding raised
•Success attributed to growth and lack of competition
•Airbnb steals some market share from the hotel industry, but it is also expanding the market
•31% of users in the last 12 months switched from staying with friends and family
•HomeAway’s pricing model and site design prevent it from becoming a true competitor
Article #3: Traveling Spoon, An Airbnb For Home-Cooked Dinners Globally, Launches With $870K in Funding
•Offers home-cooked meals and cooking classes with the best home cooks around the world
•Potential complementary service to market to Airbnb guests
Jasper’s Personal News
•Investment in penthouse in Cali, Colombia
•Building allows short stay rentals
•Will provide high-end accommodations in an area where few are available
Resources Mentioned
Airbnb Volunteer Link to Host Refugees
Article #1: techcrunch.com/2017/01/29/airbnb-free-housing-immigration-ban
Article #2: businessinsider.com/airbnb-reaches-profitability-2017-1
Article #3: techcrunch.com/2015/09/16/traveling-spoon/
travelingspoon.com
eatwith.com
eatfeastly.com
Connect with Jasper
Email: jasper@getpaidforyourpad.com
Twitter: @GetPaidForUrPad
Instagram: @GetPaidForYourPad
Facebook: www.facebook.com/getpaidforyourpad
This episode is sponsored by Aviva IQ. Aviva IQ automates messages to your Airbnb guests. It's also free!
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