There have been more than 260 million house and room rentals through Airbnb since the company's launch a decade ago. But the business of tours and activities is difficult, and there is a lot of competition with ample resources. Of those 40,000 experiences, food and drink activities are among the most reserved, although Airbnb wouldn't reveal exactly how many of its experiences include food and drink. In the report, since Airbnb does not disclose booking volume, Arival uses review counts as a general indicator of bookings.
A successor to Zadeh has not yet been named, which raises questions about whether Airbnb can profit from selling experiences, especially if a recession comes or when it comes. Getting approved as a host of Airbnb Experiences can be a challenge, although there are now more than 40,000 experiences in total. He's even seen some of those biggest players modify their Airbnb host profiles to make it look like their tours are being offered by a single person, such as a local food blogger, rather than a large corporate entity. Join the conversation at this special Arival Town Hall as Arival CEO Douglas Quinby shares key points from the new report and discusses Airbnb, IPO and what it means for operators with industry experts and experienced operators at Airbnb Experiences.
Airbnb is about to go public, but even with an IPO in sight, the real details about Airbnb Experiences are scarce. So when I came back, I stopped making excuses and finally applied to have my own experience on Airbnb. Airbnb hasn't broken down its Experiencias business separately in the financial statements, but rather grouped it together with apartment stays and vacation rentals. I was denied the first time, so I fixed my application by proving that my experience is unique and that I am the best person for the job.
Not only can you promote the Airbnb Experience on its own, but you can also promote it to guests who rent your property. And don't be surprised if you see those more traditional or mass-market experiences on Airbnb over the next few years, just as we've also seen real hotels pop up. As life continues under the “new normal”, Airbnb continues to evolve to meet the needs of hosts and guests. From what I've been able to figure out, most people find me because the Airbnb app recommends that I do something in the city.
As the Airbnb Experiences business matures, it begins to add more professional tour operators to do the tours, and that is a development that goes against its mantra of offering activities carried out by hosts and other locals.
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