[speby]

Ya know, I remember a time when Airbnb was still pretty new (this would be 2010 or 2011 or so). Didn't have all the fees and other bullshit UX problems they have now. And it actually was pretty cheap. Often, you could get an interesting, cool, or off-beat room or whole unit/place/house for cheap and often the same or less than competing hotels. This made it compelling.

But then, one time, trying to get check into a place and the combination padlock or whatever wasn't working to get the key inside and I couldn't get ahold of the host took another 2 hours, I was like, I don't have time for this crap. That sort of problem would NEVER happen at a hotel.

And now, 12+ years later, while some things have improved (like keyless entry and whatnot that lots of hosts have finally), the situation is worse in many other areas, including cost.

Generally speaking, hotels work better for me. No bull shit fees (except some of those resorts that throw in the ridiculous daily 'resort fee' on top of the room rate, which is not reflected when you are searching and booking the room, except in fine print). No bullshit like cleaning up the room/place before you leave (isn't that why you are paying a cleaning fee?).

[asdff]

I think it suffered from a cobra problem to an extent. Airbnb was saying "rent out your spare square footage on the side for some beer money" and that model worked fine for a time. People would rent out a room for $50 a night and that would be great for them, because it was $50 they didn't have before that they wouldn't have made otherwise, and it was great for guests because it meant they could pay $50 and not be in a smoky motel.

Now we have people breeding cobras instead of being paid for cobras they already have so to speak. You have people building entire apartments with plans to put the entire thing on airbnb. Suddenly $50 a night doesn't cut it when you have a huge loan to pay off on that build, then if enough people in the market are operating like this prices just go up and up just like the wider landlord rental market (relative to the polite couple renting a backroom for way under market rate market, perhaps). You have people buying property and renovating it just to justify higher rental income, which only serves to feed the beast without creating any new supply in the market of course.