Mark Simpson explains why Airbnb hosts are seeing fewer bookings since summer 2022, even though overall platform demand stayed strong. The drop is specific to certain listings, not a collapse in how many people want to book.
There's a lot of fear, I can see in the industry at the moment. There's some big influences. Talking about Airbnb bust, what do you think is happening within the industry?
So what's Airbnb burst? Basically, what it means is that people, since last summer, 2022, some people have started noticing that they were getting fewer bookings for their listing on Airbnb. That's what it means. Right. So here we're talking about a channel, Airbnb, and people getting fewer bookings. Right. It does not mean that the overall demand for Airbnb has gone down. Right. Demand on Airbnb exploded again last summer.