Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management EP146: This Week in the World of Airbnb
Apr 21, 2017
25:47
You’ve got to keep ‘em regulated.
This seems to be the hotel industry’s sentiment toward Airbnb, as revealed in documents obtained by the New York Times this week.
Jasper is joined by Glenn Carter, Hostfully Marketing Specialist, to chat about the American Hotel and Lodging Association’s formal plan to rein in Airbnb, as well as a new UBS report suggesting that regulations have slowed the growth of Airbnb in some of the company’s most popular markets.
They also cover the lawsuit Airbnb is bringing against the city of Miami for targeting hosts who spoke at a city commission meeting, and corporate travel policies around homesharing. Listen in to find out what amenities attract business travelers and how corporations can benefit from allowing for the use of platforms like Airbnb when employees travel for work.
Topics Covered
Article #1: Inside the Hotel Industry’s Plan to Combat Airbnb
•American Hotel and Lodging Association’s action plan to combat Airbnb revealed
•Took credit for Federal Trade Commission’s housing cost investigation and steep fines in NY
•Hotel industry argues that Airbnb drives up housing costs and hurts the middle class
•The numbers disprove that claim as majority of hosts have only one listing
•No proof of causal relationship between rising home prices and Airbnb
Article #2: Corporate Travel Still Doesn’t Get Homesharing Despite Business Traveler Use
•A mere 17% of corporate travel policies allow business travelers to stay at homesharing properties
•Some business travelers unaware of company policy, utilize homesharing regardless
•Airbnb caters to business travelers with select amenities
•Flexibility and affordability likely to attract more business travelers to Airbnb moving forward
Article #3: Airbnb Sues Miami After City Targets Speakers at Recent Meeting
•City of Miami targeted five Airbnb hosts who spoke at city commission meeting
•Airbnb filed lawsuit against city for violation of First Amendment rights
•Airbnb argues that hosts had the right to speak without fear of retribution
•Airbnb has shown willingness to cooperate with other cities
•Strange that Miami would instigate conflict and bring about negative PR
Article #4: Regulation is Slowing Growth in Some of Airbnb’s Most Popular Markets
•UBS report suggests that regulations have had a negative impact on Airbnb’s business
•Listings in Airbnb’s seven largest markets still grew 40% year over year
•Declines noted in NYC and Barcelona, where strict legislation has been enacted
•Airbnb looking to grow in other hospitality niches until revenue from homesharing accounts for less than half of the company’s total
Resources Mentioned
Glenn’s GPFYP Podcast Interview
GPFYP Episode 47
Article #1: nytimes.com/2017/04/16/technology/inside-the-hotel-industrys-plan-to-combat-airbnb.htm
Article #2: skift.com/2017/04/17/corporate-travel-still-doesnt-get-homesharing-despite-business-traveler-use
Article #3: local10.com/travel/airbnb-sues-miami-after-the-city-targeted-speakers-at-recent-meeting
Article #4: skift.com/2017/04/14/airbnbs-growth-slows-in-markets-where-it-faces-more-regulation
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!
This seems to be the hotel industry’s sentiment toward Airbnb, as revealed in documents obtained by the New York Times this week.
Jasper is joined by Glenn Carter, Hostfully Marketing Specialist, to chat about the American Hotel and Lodging Association’s formal plan to rein in Airbnb, as well as a new UBS report suggesting that regulations have slowed the growth of Airbnb in some of the company’s most popular markets.
They also cover the lawsuit Airbnb is bringing against the city of Miami for targeting hosts who spoke at a city commission meeting, and corporate travel policies around homesharing. Listen in to find out what amenities attract business travelers and how corporations can benefit from allowing for the use of platforms like Airbnb when employees travel for work.
Topics Covered
Article #1: Inside the Hotel Industry’s Plan to Combat Airbnb
•American Hotel and Lodging Association’s action plan to combat Airbnb revealed
•Took credit for Federal Trade Commission’s housing cost investigation and steep fines in NY
•Hotel industry argues that Airbnb drives up housing costs and hurts the middle class
•The numbers disprove that claim as majority of hosts have only one listing
•No proof of causal relationship between rising home prices and Airbnb
Article #2: Corporate Travel Still Doesn’t Get Homesharing Despite Business Traveler Use
•A mere 17% of corporate travel policies allow business travelers to stay at homesharing properties
•Some business travelers unaware of company policy, utilize homesharing regardless
•Airbnb caters to business travelers with select amenities
•Flexibility and affordability likely to attract more business travelers to Airbnb moving forward
Article #3: Airbnb Sues Miami After City Targets Speakers at Recent Meeting
•City of Miami targeted five Airbnb hosts who spoke at city commission meeting
•Airbnb filed lawsuit against city for violation of First Amendment rights
•Airbnb argues that hosts had the right to speak without fear of retribution
•Airbnb has shown willingness to cooperate with other cities
•Strange that Miami would instigate conflict and bring about negative PR
Article #4: Regulation is Slowing Growth in Some of Airbnb’s Most Popular Markets
•UBS report suggests that regulations have had a negative impact on Airbnb’s business
•Listings in Airbnb’s seven largest markets still grew 40% year over year
•Declines noted in NYC and Barcelona, where strict legislation has been enacted
•Airbnb looking to grow in other hospitality niches until revenue from homesharing accounts for less than half of the company’s total
Resources Mentioned
Glenn’s GPFYP Podcast Interview
GPFYP Episode 47
Article #1: nytimes.com/2017/04/16/technology/inside-the-hotel-industrys-plan-to-combat-airbnb.htm
Article #2: skift.com/2017/04/17/corporate-travel-still-doesnt-get-homesharing-despite-business-traveler-use
Article #3: local10.com/travel/airbnb-sues-miami-after-the-city-targeted-speakers-at-recent-meeting
Article #4: skift.com/2017/04/14/airbnbs-growth-slows-in-markets-where-it-faces-more-regulation
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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