Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management EP195: This Week in the World of Airbnb
Oct 13, 2017
26:54
Airbnb celebrates another win in its pursuit to target the business traveler, announcing a new partnership with co-working space giant WeWork. The convenience of booking a desk through the Airbnb app benefits both companies, and the move is sure to boost use for hosts with the Business Travel Ready designation.
Hostfully President and Co-founder, David Jacoby, joins Jasper this week to chat about this victory for Airbnb, as well as other success stories in the headlines, including a PR victory in the quick activation of the Open Homes program in both Las Vegas and California, and the report of Airbnb’s exponential growth in India.
But it wasn’t all rainbows and unicorns for Airbnb in the news this week. While the platform is making gains in India, it continues to struggle in the Chinese market. Jasper and David discuss how Airbnb’s biggest competitor in China is raising capital with an eye to expand overseas. They wrap up today’s episode with the story of a host who was arrested after his Airbnb guests discovered a hidden camera in the smoke detector. Listen in to understand what qualifies as a ‘surveillance device’ per the Airbnb Terms of Service policy and the smart lock technology available to hosts with security concerns.
Topics Covered
Article #1: Airbnb Open Homes Offers Free Shelter to California Wildfire Victims
•Wildfires in California (17 over 115,000 acres)
•20 deaths, 1500 homes destroyed
•Airbnb activated Open Homes
•Airbnb could offer hosts gesture, incentive
Article #2: Airbnb and WeWork Team up to Find Desks for Business Travelers
•WeWork has raised $10B in capital
•Promotes WeWork through Airbnb
•Targets business traveler
•Potential discount on co-working space for Airbnb guests
Article #3: Airbnb’s Major China Rival Tujia Raises $300M More at a $1.5B Valuation
•Chinese competitor raised additional $300M capital
•Looking to expand overseas
•650K listings currently
•Could eventually match Airbnb
•Advantage in market of Chinese traveling overseas
Article #4: For Airbnb, Growth in India Happening at a ‘Different Level’
•Airbnb experiencing rapid growth in India
•Easier to gain traction, more open economy than China
•India very poor country ($1,700 average annual income)
•Travel within India increasing significantly
•Room for Airbnb to grow
Article #5: Police: Airbnb Host Rigged Condo to Record Sex Parties, Guests Had No Idea They Were Recorded Too
•Couple noticed camera in smoke detector
•Host banned from Airbnb, arrested
•Claimed not turned on when guests there
•Disclosure of surveillance devices required by Airbnb Terms of Service
•Unclear if one-way camera connected to doorbell would qualify
Resources Mentioned
Article #1: inman.com/2017/10/10/airbnb-open-homes-offers-free-shelter-to-california-wildfire-victims
Open Homes
Article #2: engadget.com/2017/10/04/airbnb-wework-business-travel/
Business Travel Ready Feature
Article #3: techcrunch.com/2017/10/10/tujia-raises-300-million/?ncid=rss
Tujia
Article #4: economictimes.indiatimes.com/small-biz/startups/for-airbnb-growth-in-india-happening-at-a-different-level/articleshow/60982215.cms
Stayzilla
Article #5: abcactionnews.com/news/region-sarasota-manatee/longboat-key/police-airbnb-unit-rigged-with-hidden-cameras
Airbnb Terms of Service
Ring Home Security
August Smart Lock
VRMA National Conference
Email David at david@hostfully.com
Connect with Jasper
Email: jasper@getpaidforyourpad.com
Twitter: @GetPaidForUrPad
Instagram: @GetPaidForYourPad
Facebook: www.facebook.com/getpaidforyourpad
Hostfully President and Co-founder, David Jacoby, joins Jasper this week to chat about this victory for Airbnb, as well as other success stories in the headlines, including a PR victory in the quick activation of the Open Homes program in both Las Vegas and California, and the report of Airbnb’s exponential growth in India.
But it wasn’t all rainbows and unicorns for Airbnb in the news this week. While the platform is making gains in India, it continues to struggle in the Chinese market. Jasper and David discuss how Airbnb’s biggest competitor in China is raising capital with an eye to expand overseas. They wrap up today’s episode with the story of a host who was arrested after his Airbnb guests discovered a hidden camera in the smoke detector. Listen in to understand what qualifies as a ‘surveillance device’ per the Airbnb Terms of Service policy and the smart lock technology available to hosts with security concerns.
Topics Covered
Article #1: Airbnb Open Homes Offers Free Shelter to California Wildfire Victims
•Wildfires in California (17 over 115,000 acres)
•20 deaths, 1500 homes destroyed
•Airbnb activated Open Homes
•Airbnb could offer hosts gesture, incentive
Article #2: Airbnb and WeWork Team up to Find Desks for Business Travelers
•WeWork has raised $10B in capital
•Promotes WeWork through Airbnb
•Targets business traveler
•Potential discount on co-working space for Airbnb guests
Article #3: Airbnb’s Major China Rival Tujia Raises $300M More at a $1.5B Valuation
•Chinese competitor raised additional $300M capital
•Looking to expand overseas
•650K listings currently
•Could eventually match Airbnb
•Advantage in market of Chinese traveling overseas
Article #4: For Airbnb, Growth in India Happening at a ‘Different Level’
•Airbnb experiencing rapid growth in India
•Easier to gain traction, more open economy than China
•India very poor country ($1,700 average annual income)
•Travel within India increasing significantly
•Room for Airbnb to grow
Article #5: Police: Airbnb Host Rigged Condo to Record Sex Parties, Guests Had No Idea They Were Recorded Too
•Couple noticed camera in smoke detector
•Host banned from Airbnb, arrested
•Claimed not turned on when guests there
•Disclosure of surveillance devices required by Airbnb Terms of Service
•Unclear if one-way camera connected to doorbell would qualify
Resources Mentioned
Article #1: inman.com/2017/10/10/airbnb-open-homes-offers-free-shelter-to-california-wildfire-victims
Open Homes
Article #2: engadget.com/2017/10/04/airbnb-wework-business-travel/
Business Travel Ready Feature
Article #3: techcrunch.com/2017/10/10/tujia-raises-300-million/?ncid=rss
Tujia
Article #4: economictimes.indiatimes.com/small-biz/startups/for-airbnb-growth-in-india-happening-at-a-different-level/articleshow/60982215.cms
Stayzilla
Article #5: abcactionnews.com/news/region-sarasota-manatee/longboat-key/police-airbnb-unit-rigged-with-hidden-cameras
Airbnb Terms of Service
Ring Home Security
August Smart Lock
VRMA National Conference
Email David at david@hostfully.com
Connect with Jasper
Email: jasper@getpaidforyourpad.com
Twitter: @GetPaidForUrPad
Instagram: @GetPaidForYourPad
Facebook: www.facebook.com/getpaidforyourpad
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