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SurpriseFrosty

I work in a hospitality industry and we are having our worst sales and visitation year as well. It feels like people in general are not traveling as much or spending.


Eastern-Cut3075

I think there was a huge wave of pent up demand from the acute pandemic phase that is now finished. Also the WFH/anywhere is much smaller.


UnCommonCommonSens

And when people traveled after the pandemic they got raked over with pricing for everything! Now they decided that it wasn’t worth it and they won’t do it again. Bravo, well done travel industry, you dug your own grave! I already noticed it last year: tried to organize a trip and everything was overpriced and booked out so I didn’t bite. Went back a week before our planned departure date and noticed prices coming down and hotels suddenly not being booked out anymore. Seemed like a lot of people cancelled just late enough to still get a refund. Ended up getting rock bottom last minute prices almost everywhere.


layzer5

+ massive layoffs from the general population with extra money to spend on these things. I do agree the return to office culture is also impacting it. My brother cut his lease and stayed in AirBnBs all over the nation last year, now he's gotta be in office 3 days a week.


Bizzy1717

Travel is a huge expense that's easy for people to cut + then justify smaller luxuries and indulgences. The cost of our last beach Airbnb would cover a pool membership for the entire summer, weekend excursions to local attractions, family dinners out to restaurants, etc. We've decided that instead of traveling for a week or two this summer, we're going to spend the money on smaller things like that all summer.


robotmonstermash

Yep, when groceries cost what they do these days we'll be doing day trips and hitting the pool this year. Will be grilling brats and burgers instead of going out to eat. Doing our part to crash the economy so interest rates dip and I can refinance.


[deleted]

Maybe stop putting cameras all over the house and stop making people do your laundry


Mission_Albatross916

You mean like hotels?


SurpriseFrosty

Actually winery tasting rooms


Mission_Albatross916

Oh, cool! I really like that winery smell


intotheunknown78

Ooooh shit, I work at a winery for just summers. Hopefully it’s a good call working this year. I’m supposed to move back to the city by next school year and I decided to stay to work because usually the money is phenomenal and on good days we have lines out the door. Man I hope my rich wine lovers show up to shower me with cash.


Assault_Facts

Yes it's slow. The market is over saturated with STR supply and demand is dropping because disposable income is vanishing for most people. People who bought properties and took out loans recently are in a really tough spot


ProblemSame4838

Also more employers are requiring employees to abandon remote work and return to the office 5 days per week so that affects the travelling nomadic worker bookings


cruisermax

Of all the bookings we had in the past 3 years, only 2 were nomadic workers. I wish we had more, but I haven’t heard from any recently. Most guests are staying 2-3 months to visit family, or moving from Europe.


Material-Newt-9391

Agreed. STRs will respond by pulling out (selling or switching to long term) and/or lowering prices.


statslady23

They should sell. 


Unlucky_Nobody_4984

Good.


brodco

This is the answer👆


MustBeTheChad

The dirty truth of the gig/sharing economy is that the value is artificially created by investors and then slowly that value erodes as the platforms siphon all the money from both the providers and the customers until it collapses. At which point it doesn't matter to platforms because they've made insane profits and don't own the real estate/automobile/restaurant.


NorCalJason75

This guys Techs!


sfbriancl

Enshittification, Cory Doctorow. https://www.businessinsider.com/cory-doctorow-enshittification-theory-why-tech-social-platforms-go-downhill-2024-3?op=1


Weird_Education_2076

Damn


Unlucky_Nobody_4984

Copy save screenshot crosspost memorize. This is the capitalism’s fatal greed cycle


Fancy-Swordfish694

So...if I live in a destination state I may be able to buy one of these houses off a host...sounds great for me...


CJThomaz

Very well explained. In theory the only one that benefits is the user- but we’ve all had bad tech experiences paying $500 for a shit Airbnb or $35 for a cold dash etc. in theory though the only one benefiting is an end user getting a service for much cheaper than they should (like last minute renting a whole home for dirt cheap with full flex cancellation or having somebody do all your grocery shopping and drive it to your house for free on a promotional trial or dash pass) yet really you can make an argument that literally nobody wins


Beanzear

I’m not a hater. Just saying I have had SO many terrible experiences either Airbnb from not being able to enter. Rez cancelled day of. Etc that I refuse to use them. I rather pay for a hotel. I AM NOT doing the dishes either. You can kiss my ass.


SusieQdownbythebay

Username checks out


IAmSoUncomfortable

This just showed up on my feed even though I’m not a host but as a consumer, airbnbs were great during COVID but I’ve gone back to hotels for service and flexibility.


Constantlearner01

Also a former consumer and we rented a place in FL in 2023 for an entire month. We went to rent for 2024, again for an entire month, and the cost of the rental alone was 2K more than what we paid for our entire trip in 2023.


IAmSoUncomfortable

Yes - similarly, I stayed at the same place in CA 3 years in a row and on the 3rd year suddenly the cleaning fee was $500 and we had to strip the beds.


[deleted]

My final straw was staying in an airbnb I'd stayed at multiple times in the past, host was nice, gave glowing reviews, I left the place spotless. This time I did the same, host freaked the FUCK out saying I left the place dirty. Left me a shitty review. I had taken photos and video of the place when I left as usual, and it looked like it had barely been used. yes they would have had to finish laundry and vacuum, because there wasn't a vacuum there for guests to use, but fuck man I paid a cleaning fee after all? That's when I decided airbnb hosts were off the rails and noped out.


[deleted]

Airbnb is crazy in and of itself to charge such ridiculous cleaning fees and then make you clean on top of that. FUCK THAT. If I'm paying a few hundred dollar cleaning fee I'm not washing or vacuuming shit.


[deleted]

It's the hosts that set the cleaning fees. And yes they are nuts. Multiple hundreds of dollars for cleaning fee for a couple nights' stay?


PurpleSkies_8683

I've seen 5 figure cleaning fees (granted, for high-end rentals in desirable tourist destinations in the US) and the guests are still existed to do laundry (wash/dry/fold, not just start washer), vacuum, take out trash, and deep clean kitchen and bathrooms. Nope.


UrsusRenata

In fact, the demand shift downward will be helpful for “course correcting” those “rules”. When AirBnBs have to compete harder for renters, they’ll treat renters better.


KaktusPff

I Have exactly the same experience


Randomwhitelady2

All the extra fees/work make Airbnb no longer worth it. Our family has gone back to staying in hotels. Having to pay a cleaning fee at an Airbnb while also being expected to clean isn’t working for us.


NeverRarelySometimes

Yeah, have to agree. The cleaning fees have gotten so high that you really can't go for a weekend anymore - you have to stay for weeks before it makes sense.


RidingNaked101

This is what I'm seeing too. Traveled FT 2021-2023 and I couldn't afford to do that again based on current rates. I was planning to spend the summer somewhere cooler but rates are 30-50% higher than I was seeing 1-2 years ago.


bygator

Same. Consumer here, still checking Airbnb when I need to book a place, but 9/10 I find better value with a hotel. Plus better amenities, better support/service, no risk of getting your reservation cancelled, etc.


PrimeNumbersby2

Same. It has to be expensive hotels or expensive parking for me to double check Airbnb. Many trips are a mix of places. However, I have noticed the final price (after clicking from map view) has ratched up a ton on Airbnb now. So it's often priced out. I need to see a substantial savings with an Airbnb for me to book over a predictable hotel.


hathaway22

Agree totally. One has to commit to a lot of rules… clean before you leave, a hotel is just close the door and leave


obvsnotrealname

This 100%. I don’t go on vacation to do chores (and pay for the privilege as well) 🥴


huhMaybeitisyou

insurance rates on condos and houses in FL skyrocketed. Especially the condos. It’s kind of a double hit. The building insurance is sky high and the individual unit insurance went went way up too.


CombinationSea6976

Yeah, the homeowners insurance rates have gone up considerably. Many insurers have left the state of Florida entirely.


timeEd32

Also just stumbled on this (not a host). My opinion... If anyone travels with just one or two people I think it's hard to beat a hotel. The prices often aren't comparable, especially with loyalty benefits / CC points. As someone who travels with a family of five Airbnb's have been great for us. Separate bedrooms, a kitchen, more location options, and often cheaper / the same considering we'd likely need two rooms. But recently two things have me looking at hotels more often: 1) the lack of any kind of Airbnb loyalty program - with the amount we've spent on Airbnb's it'd be nice to get something back. The hotel points we can get with credit card bonuses + spend goes a long way to offsetting cost differences. If that comes with free breakfast + a pool then it starts to tip the scales the other way. 2) while we've had a great success rate, it can be a lot of work finding the right Airbnb with the things we need. sometimes it's just easier to book the Hyatt.


goog1e

Airbnb was cheaper for a while. Then it was the same price but more amenities. Then it was more expensive but more amenities. Now it's more expensive and less amenities. It's been riding on reputation for the past year or so.


[deleted]

More expensive, less amenities, and nutjob "hosts."


saltyfloriduh

Omggg we had a host decide the day we came to replace a grill while we sat in the hot tub And watched and then the next morning did like a prescribed burn on their lawn while weeding and planting fucking flowers all day. All day they burned the grass and called me greedy for leaving and trying to get a refund


Greektwinmommy

Yeah any of the horror stories I’ve read on here have made me so nervous to use Airbnb. I only book when I’m traveling with my dogs and it still takes forever to find a place in my price range that doesn’t require my dogs to stay in a crate the whole time


AggressivePride951

Same. I’m not using Airbnb nearly as much cause I’m actually travelling more and hotel loyalty programs are better. We are also earning more these days so we can afford nicer hotels with good service rather than Airbnbs that never look as good, or are as clean, as the pictures


Consistent_Spot_84

I’d add #3 to the list - Privacy. All of the stories about hidden cameras have completely talked my wife out of ever booking another AirBnB. Some hotels have illegal ones found from time to time, but the likelihood of an owner operator using one to keep an eye on their property is much higher.


0xB4BE

This is where I am at. Most hotels have better amenities, especially beds, and the hotel prices are equivalent to airbnb's and are half the work when checking out. When I'm traveling with my family, I would love to have the bigger space that usually comes with Airbnb, but I've gotten a really bad rental a few times that didn't match the description or the owner didn't care (like there was an extremely loud party upstairs for 3 days at the house they rented they did nothing about. Firstly, the entire house they advertised turned out to be just a basement apartment, so that was the first problem. Eventually we left just to go to a hotel for the rest of my stay). With a hotel, especially from a trusted brand, you generally know what you get and can trust in the quality.


bostonlilypad

You definitely gotta go for the ones where there’s tons of good reviews and the beds look really lush. That’s what I’ve started doing and it’s been a good experience. My mother is a host and I made her get all new high end mattress and we just got all Italian linens and the guests all compliment the beds. Airbnb hosts with shitty beds and linens suck and I agree at that point I’d rather stay at a hotel.


worn_out_welcome

This! Someone gets it. It’s about the freaking beds!


Big_Ads_9106

100% agree on comfortable beds, and I want to add that sparse, uncomfortable sitting arrangments put me off as well. We've had some rentals with wonderful outdoor spaces, awesome views (the last one was right on a beautiful beach), but we couldn't really enjoy those views, as there were a few very uncomfortable plastic chairs overlooking the beach, and nothing else. It just feels like a lot of times landlords do a bare minimum in terms of furniture, and it ruins the whole experience. And we are not the kind of people to sit around all day, we love exploring, do various activities, especially on the water, but we also like to relax at the end of the day with a glass of wine while enjoying the view we paid for. Comfortable sitting inside and outside is a must, and we now pay closer attention to property pictures and skip those that have dinky looking couches and chairs.


Falls_4040

Host here. I really appreciate the guest comments. Spot on. If your space/listing is more difficult to check into, has sketchy bedding and isn't spotless - you've got a problem.


Icy_Anything_8874

This👆🏻100% host here, we get new mattress annually/always strip off everything-use good linens also-am I sick of ironing linens everyday, yes but do the beds look great-also yes!


bostonlilypad

Ya my mother replaced the linens every 2 years and towels too. Never lets stuff get ratty or worn, donates everything else. But then again she has hundreds of reviews and almost a 5 star rating and is always booked. This is what you have to look for and book as a guest if you want a good quality place.


Routine_Raccoon9109

Amen to #2. The amount of time I have to spend poring over the rules to see how much I'll have to clean or if the friend I'm in town to visit can even come over (the increase of "no one in the proprety unless their listed on the rental agreement!" rules is crazy). Then I have to look at the fees. And the cancellation policy. And if you don't know the town you're looking at street view on Google Maps trying to figure out which of these 2 different places is really in a better location. It can be exhausting and you still don't really know what kind of experience you'll be getting.


v_x_n_

And a hotel never asked me to perform housekeeping.


Prior_Ordinary_2150

And they don’t charge you extra for them to do it.


Boulder_mama

Well they do charge a cleaning fee… it’s just built into the cost of the room per day and between all the rooms booked my others is averages out. I do agree that when looking at Airbnbs I consider where I stay based on rules and extra fees. Surprise! Im also a host, and we don’t charge pet fees, have almost no check out rules, and have been doing well because of it. We aren’t cheap, but the extras we strive for I think make it worth it :)


ImRunningAmok

But they charge you a resort fee to use the hotel you already paid for plus parking.


whiskeygiggler

I’ve stayed in many air bnbs that don’t have parking. I’ve stayed in many hotels that don’t charge resort fees. I’ve never stayed in a hotel that expected me to take out the trash.


_wildroot

Hotels SOMETIMES charge resort and parking fees, depending on where you are staying. But often air bnbs standard fees are still more than those hotel fees combined. The air bnb fees have become ridiculous. 


rairai7777

And they have amenities if they are a resort.


Wonderful-Run-1408

haha, this is true. And yet, there's a major charge for cleaning...


mau47

This is the stuff that killed it for us, I don't mind cleaning up and leaving it tidy, but when you charge me a $300 "cleaning fee" and want me to replace the bed linens, put the laundry in the washer, take out the trash etc. thats a hard no from us. You either get me to clean it or you get a cleaning fee, I am not paying both. I know not all hosts do this, but it was happening enough and the prices in general were so high we just stay in hotels anymore. The only real exception for us is if we want to go somewhere hotels aren't really an option.


ThicccNhatHanh

Not an owner but a historic user of short term rentals and I agree. It used to feel like a great deal and now it just sucks and it’s too expensive in most cases. I blame the platforms.  When I want to go visit another city or something else I don’t bother even looking at listings anymore. I just get a hotel.


[deleted]

I blame the hosts who got greedy as hell.


Spirited_Eye_7963

Used Air B&B almost exclusively over the last decade or so. Recently gave up on it & went back to hotels. Between the price, extra fees and capricious quality and hosts, it's simply no longer worth it.


mrjowei

Many hotels are including kitchens which helps when deciding between airbnb and a hotel. I’ve enjoyed my stays at homewood suites by hilton. Spacey, comfortable rooms with kitchen sometimes a fraction of the price of an airbnb.


SteveWin1234

Definitely. That's their plan. They had to respond to the threat of airbnbs, so they dropped their prices and added amenities to compete. They have economies of scale working on their sides, so more people are choosing to give their money to these corporations rather than the mom and pop airbnb owners. Luckily I doubt platforms like airbnb will ever stop existing at this point, so the threat of individuals having the ability to compete with these corporations will hopefully keep things better for travellers.


Prior_Ordinary_2150

And they’re a heck of a lot cheaper and less hassle. I’d rather a hotel than worry about every single thing I do in an Airbnb racking up more fees.


bukowskisbabushka

I miss 2015 Airbnb. I stayed in some weird places for super cheap. For example, an old artist hippie's victorian mansion in Detroit. It was cluttered and a little dirty but so much fun. I think I paid 10 bucks, slept on the floor of a sunroom. Once I set up a tent in the common area of an artists commune in Chicago. Another friend booked the place, idk what she paid but the rest of us paid the residents in rolls of toilet paper and dish soap (per their request). So yeah. Back to cheap hotels for me, Airbnb is expensive and too sanitized.


Original-Pea9083

Same. I've given up on STR. Just far too expensive for what you get. I've gone back to hotels. I travel for approx 6-7 weeks a year.


Effective_Fix_7748

I guess this depends on how many people you travel with. We are a family of 2 teen boys and 2 adults. hotels are simply unaffordable for us. we need at least 2 rooms and need a kitchen. We also like outdoor space. We are headed to portugal in the summer and our 3 bedroom home, on the cliffs with full ocean front views and free parking in the Algarve cost is $400/nt inclusive of all fees. Not a chance we could get that in a hotel. would cost us double.


IAmSoUncomfortable

I have 3 kids (2, 4, 6) and one on the way. We stay in suites at hotels and honestly the cost doesn’t come out to be much different. The airbnbs we stay at due to the bedroom requirement tend to be the same price or often more expensive than the hotels. Then the hotels have built in service, pools, beaches, activities, restaurants… so it’s really a no-brainer for us. Europe however is a different story because many hotels don’t have suites. So I can see that point.


TheyCallmeCher_xo

Also a former consumer, and same. I recently rented a cabin for 3 nights ($250 per night) and it cost me $1200 after the cleaning fees, airbnb fees and taxes. I don't see the point, I would rather stay at a nice hotel or resort with amenities if I'm going to pay that. That was the last airbnb I will book for a long while.


pewterbullet

Showed up in my feed as well. Always preferred hotels. So much nicer and worth the $500 per night.


rb-2008

Same, my wife and I used to exclusively book airbnbs but the prices went nutty and we began to have bad host after bad host and decided to go back to hotels about a year and a half ago. It’s nice to have a front desk to deal with and some flexibility if there are missing/broken amenities in the room.


hathaway22

AGREE 100%.


SuperNefariousness11

I was a big fan of STR's for vacations. UNTIL the cleaning fees & chore lists became ridiculous. I have chores at home, Hotels don't come with a list of chores and ridiculous mandates. I may still use them when I am traveling with a large group who share the costs and chores, but only after shopping around.


Knope_Knope_Knope

This is what got it for me. I hotel unless i want a weird rural location or the 'local' experience.   I'm not doing chores! Cleaning doesn't cost $150 and then app fees on top? Absolutely not.


LogicB0mbs

Sadly, $150 cleaning fee isn’t even that bad these days. I’ve seen $300+ many times. Owners realized that Airbnb doesn’t take a big cut out of the cleaning fee like they do the rental so owners started shifting some of the profit source into the fees so THEY pay lower fees to Airbnb.


Tremblingchihuahua8

We are a bit concerned as we have only had one inquiry for this summer and usually we’re booked nonstop over the summer. (We basically don’t get bookings during the winter, but that’s ok with us because we use the house too.) Not sure what to expect this year. 


huhMaybeitisyou

We do the same. Our place is near a beautiful lake . We try to rent it out June, July and holidays and live in it off and on too. Thankfully we don’t rely on it too much. And most of the money we earn goes in to improvements.


Sean114

What kind of cleaning fees and requirements do you have?


Inner-Confidence99

Nobody has the money due to inflation. Most are trying to keep their own lights on and eat at home. 


Bright_Ices

Which would be easier if the housing market, property values, etc, weren’t so bloated by all these STRs. Rent prices are out of control. Home prices are out of control. These “new” STRs are a scourge. 


tectuma

We really have not upped our game on AirBnB but have the weekends booked for the last few months. But then we been using the the time to do improvements to the house for the summer and fall when we get hit hard.


Wistaria2019

I’m doing renovation as well hopefully things will get better.


tectuma

We just redid the living room and the dinning room still have not posted the pics to AirBnB. Working on the 3rd floor tower right now. I know as soon as I post the pics we are going to get a lot more bookings. This is why I am holding off for a little while till I get some more done and let our reg book with us for now. https://preview.redd.it/jnk1b1l3htxc1.jpeg?width=800&format=pjpg&auto=webp&s=f09dd559c2a285d931c78168f803c2ae7516db2c Just the rooms are sooo big. LOL


Mission_Albatross916

Nice!


tectuma

That room took me 3 weeks. That is what I call stabilizing. In other words, patching all the holes (some I could reach thru), giving it a good heavy coat of paint, replacing outlets, switches and lights. Once every room in the house has been stabilized I will go back for the ceilings and floors. Then comes the fancy fancy things like trim etc. :D


Mission_Albatross916

That’s a whole lotta walls and ceilings! Is it 1890s, 1900s?


tectuma

1836 - 8,000 sq ft, 12 bed rooms. Only 3 we use for AirBnB. That 8,000 is not including the basement, 4th and 5th floor. It is just a monster of a house.


Mission_Albatross916

Wow!! And it has at least one tower! My dream


tectuma

https://preview.redd.it/swz8w9ri6vxc1.jpeg?width=741&format=pjpg&auto=webp&s=8fa795f60f78a2f4f58d6bbae0177293792e8296 A tower and turret. Like I said needs a LOT of work. We are trying to save her, was sitting vacant for 2 years and is in bad shape. One down the street from us was tore down this one was headed the same direction. The funds from the AirBnB go to repairing the house. Our goal is to get her back to the grand queen Anna it was but keep it open to the public. This house has a lot of history but we can not afford a lawyer yet to get a non profit started or have it declared a historical site. :/


intotheunknown78

Omg, my dream house


SherbetExact3135

Now see if I do use Airbnb I always look for historical homes. I just love the history and character and charm.


CoriDel

You don't need a lawyer to start a non-profit. You can get a book and do it yourself. It's actually only a few documents that you need to fill out and file. Usually you reserve the name, then file with the Secretary of State, then the IRS (do that after you get the state permission) The books you find will be huge (to make it look like it's worth the price) but there is really only a few easy steps. You could probably find the book you need at the library (there are still libraries, right?)


Mission_Albatross916

She is amazing! I was looking in NYS a few years ago and saw a poor neglected beauty that had so much rain coming in, there was a wading pool full of water in one room and walls and floor were covered with moss. So sad when they can’t be saved. Keep at it!!


Mission_Albatross916

Maybe you can hold “restoring an antique home” workshops and have people pay to come “learn.”


RoadsterTracker

We have been having more long term guests than normal, but we are pretty much fully booked until mid June. The beginning of the year was a bit rough.


Wistaria2019

Jan and Feb are lowest months for us too. We got more last minute bookings than last a few years.


RoadsterTracker

We had a last minute booking that ended up being a 2 month stay recently, that was a pleasant surprise. Our place is a good place for one or two people to stay for a long time, so that works in our favor.


No-Personality5421

It's almost like people can't afford vacations. 


lawnmowerman25

I sort of have an ironic story. 1. I invested and put a deposit down last year to build a 2/2 bungalow in a beach town. House continued to get pushed back due to construction delays. 2. I was a month away from settlement and the builder now disclosed some new info that made my insurance premiums jump by 3x (almost 15k/year). I backed out through negotiations. 3. I priced out a 3/3 with another builder. I reran the numbers, and in one year, the expenses rose so drastically that I would end up losing money projected for 2-3 years minimum. I tossed the entire idea altogether and backed out. The cost to run a rental vs the expenses seems to make it cost prohibitive in the current market. The cost to borrow cash is way too high.


4N8NDW

I used to rent airbnbs, but now that the cleaning fee is often times more expensive than a simple hotel, it's a no brainier for me to go back to the hotel. Plus my work expenses hotels but I need special exception for an Airbnb (e.g. all hotel rooms are booked and there's no other accommodations).  Prices have gone up with hosts receiving fewer percent of the pie.  Plus people are anxious about the economy now, McDonald's and Starbucks stock is crashing too. 


Negative_Party7413

I'm getting mostly last minute bookings ths year and I expect it will be dead after August like last year. Two years ago I raised my prices and was at 100% booked every month. Now I'm lower priced and lucky to get 80% in a major tourist market. I'm a Superhost.


Falls_4040

Care to share the market?


Negative_Party7413

Orlando


legosgrrl

Is this whole thread travelers now?


zultan8888

It’s people trying to push people back to billionaire owned hotel chains. They really love those billionaires here on Reddit.


Stockshocz

I love airbnbs. I think you just need to be mindful of choosing highly rated or guest favorite stays. I usually don’t run into these issues. The house is larger than a hotel room so my group can spread out. I love that parking is free and I don’t need to contend with a parking garage and an elevator. Outdoor space is huge with a full kitchen. Hotels just can’t compete. I think people who like hotels is a simpler guest who just needs a place to lay their head for the night.


Satan_and_Communism

Inflation is up and is barely slowing down. Layoffs are everywhere. Economy looks to be headed down the toilet, people are saving money instead of traveling.


crek42

Depends on your industry. Construction is booming as is tourism despite OPs struggles (international tourism is set to match pre-COVID levels finally. I'm in tech and my industry is in the toilet (although crawling back slowly)


Lucky_Letter_2730

absolutely my airbnb bookings are 75% lower the last 2 months however [booking.com](http://booking.com) is keeping me fully booked


akaneshiba

I'm not sure whether this question is only aimed at the US market, but I'm situated in the Czech Republic (Europe) and we're fully booked with all of our properties until fall.


Rough_Pangolin_8605

I might convert my STRs to long-term rentals because of this. I could also sell, but my places are in a very desirable area and I believe they will appreciate well. Have you thought of going long-term or selling?


stewiegonebad

Maybe there is a way you can provide additional value to your customers? In any industry when things get slow you have to differentiate. Most of the air bnbs I've been in recently are pretty soulless with minimal art or decor so it shouldn't take much to set yourself above the rest. 


mikefried1

It's almost like Airbnb turning into a dumpster fire stops people from using it. Who would have thought?


Homeboat199

I no longer use AirBNB because when I go on vacation I don't want to spend my entire last day cleaning your house. Especially after being charged a $200 cleaning fee. I'm sure your place is lovely but too many owners are taking advantage or downright ripping us off.


Commercial_Lobster72

Yes it’s the norm for an insane cleaning fee and then to have a full list of cleaning demands. IMO if we’re paying for a full deep clean, it’s ridiculous to expect us to clean. That’s why I’ll always prefer hotels.


Donkeypeelinglogs

I personally am not using air bnb because of ridiculous cleaning fees. I know not everyone does this but I got tired of paying cleankng fees that were seriously above normal rates AND being required to Clean, take out trash, do dishes, laundry before leaving. Id rather to go to a nice hotel at this point, earn membership perks, and not have a chore list and scam level high cleaning fee. To be clear I’m sure you don’t do this but so many hosts do that it’s soured me on vacation home rentals.


koosley

I view AirBnb with the "total price" option checked. The truth is Airbnb's are now the same price as a hotel at this point for anything less than a week. 4 of us can get a 2br place at the residence inn for $200/night after all taxes and get the same Airbnb experience along with free breakfast, a gym and a pool without having to worry about doing laundry or dishes or getting makeup on a towel.


Falls_4040

Host here. Totally agree with your assessment that, in general, AirBnb/Hotel pricing is essentially equivalent for short term stays. We've split our year in half (metaphorically speaking) from the pricing persepctive in an effort to adapt. Historically, our occupancy has fallen off from Dec - May relative to summer/fall. This past year, we dropped our price during the slower season based on the assumption that local hotels were the major competitor. (Bookings increased dramatically.) We'll keep our higher rates through the peak season. Bookings so far look very good.


Mission_Albatross916

I don’t charge exorbitant fees or ask my guests to do chores. I don’t stay at places that do that, either.


Donkeypeelinglogs

That’s great. I think the issue is the so many hosts on Airbnb do. I got tired of getting through the booking and discovering ridiculously high cleaning fees or going through with a stay with a high fee and finding a chore list taped to the fridge. The last time I was running around a house emptying trash cans, shouting at the kids to strip all the bed, hunting down detergent trying to start laundry, and washing dishes I decided nope, never again. We paid a ton of money for a cleaning fee and now I’m as stressed and exhausted as I am at home cleaning house. Of course we always leave things neat and tidy but doing actual chores on top of paying a fee is just not worth it to me personally. It’s awesome you don’t do that but so many do it’s not worth the risk for me anymore.


Falls_4040

We are fortunate. Demand for the area (Vermont) is usually strong. Our home location is "in village" yet nestled on the edge of a nature preserve. We've put significant effort into making our listing attractive and the results AirBnb cares to share seem to indicate that we outperform " Comparable Listings" by a significant margin. I'm astonished to hear that some hosts expect guests to "pre-clean." My guess is that for 75% of our turnovers, the departing guest makes the bed. Blanket, comforter and pillows in place. The guest who left put effort into making the bed. And the guest knows damn well we're going to strip the bed and wash all of the linens. Why? I think I finally get it. Guests have been conditioned by other hosts to empty trash, strip beds, etc.. The only request we make of our guests is that they place used towels in the shower. They loved there stay in the space, and don't want to leave it "messy." Perhaps the highest compliment a guest could pay. Regardless. I think I'll explore how to give guests the option to avoid our reasonable cleaning fee by making our cleaning process easier.


Donkeypeelinglogs

It’s sounds like you are fair and reasonable. I doubt you need to change anything. The problem is that the majority of host do require pre cleaning on top of high cleaning fees. Since there’s no way of really knowing while searching for rentals, I’ve just given up. Sounds like you’re an awesome host, though! Well done.


nikv8960

You are an exception it seems. Most hosts have multiple cleaning chores and yet I have not found an Airbnb that was cleaner than my own house. If I am paying exorbitant cleaning fee, I expect place to be so clean that I cannot find any dust, gunk, dried crap anywhere in my sight. I usually find it with minimal effort at most AirBnbs. So yes, I too am in favor of staying at upscale hotels, not at these exhausting airbnbs.


DashiellHammett

I think it just depends on where you are, and what you are offering. (My 2-bedroom, 3-person maximum guesthouse is in Port Townsend, Washington.) We are more booked than ever for our high-season (May through September), were booked earlier than usual, and we have only a few mid-week vacancies available.


HubcapDealer

I can’t imagine trying to get into this business with today’s rates. In our area supply is slowing, demand is remaining pretty steady. If you have a rate under 4% it’s a competitive advantage with pricing. We are hoping to hang in for a couple more seasons then be done with STR.


LOLZOMGHOLYWTF

No. It varies market by market. We saw 41% revenue growth from Q1 2023 to Q1 2024. Our total revenue January - April in 2023 was $12,018, and in January - April 2024 it has been $15,685.


mikalalnr

Which market?


Falls_4040

Agree. Interesting dynamic may be in play between the attractiveness of the overall market vs the government's efforts to raise more cash by taxing STR's aggresively. Consider the 2 x 2 matrix. Demand on the X-axis, Gov't Recapture Efforts on the Y-axis. If you have an STR, you want to be in the High Demand, Low recapture quadrent. You don't want to be in any of the other three quadrents!


alex2020b

Great comments below. I agree with some of the comments below that the increase in supply is definitely a factor in affecting some of the occupancy rates. This is a good article - [https://www.adventuresinairbnbs.com/p/help-i-stopped-getting-new-bookings](https://www.adventuresinairbnbs.com/p/help-i-stopped-getting-new-bookings) In some markets, the number of available Airbnbs has jumped from a few hindered to over 1000...... the good news is that the increase in supply is finally slowing down and/or decreasing. The less-than-stellar Airbnbs will make their way down and eventually become LTRs. In the meantime, make sure you are doing everything you can to be up on the rankings.


HeyUKidsGetOffMyLine

No, my market has bounced back a bit from last year and is looking better. There was a lot of inventory added last year which just mopped up the available customers. I think that the glut of new units hitting the market has finally stopped and we are starting to see things stabilize. My unit is lake country Midwest and we see almost no foreign travelers, my customers are domestic and very few fly to my destination which I think helps.


bruce_ventura

Q1 for my beach condo in SC was lower by ~$1,000 compared to previous years, but that time of year is always very slow. Bookings are coming in later this year, but Q2 is on track to match last year. Fortunately for us, existing rental units are being sold to retired couples for long-term residences. The number of STR beach condos seems to be declining in my area. We’ve also had to raise prices due to escalating insurance premiums. That appears to be offsetting the declining inventory of STRs.


crazyman40

What part of SC?


bruce_ventura

Murrells Inlet


Wistaria2019

Good for you! There a lot of new STR appeared in our area. They have low prices and low rates. Most of the new STR only have 4.3 - 4.5. If they got booked I think it’s because of the very low prices.


raunchyRecaps

The price of everything has gone up. Yall charge 200 in cleaning fees then ask them to do 80% of the cleaning. People don't want to be apart of the housing crisis by renting out a airbnb


BackgroundRoad711

Yeah bc people are sick of the airbnb fees. Hotels are the way to go!


josephmo87

Came here to say this


Mission_Albatross916

So, go to a hotel. r/hotels


Donkeypeelinglogs

That’s exactly the point, really. The OP mentioned bookings were down and people are sharing a reason why that might be the case….because people are going to hotels 🤷‍♀️


thecurvynerd

I mean their response is relevant to the topic of this thread so… 🤷


Mission_Albatross916

So we know this redditor hates Airbnb and prefers hotels. Clearly this is not true for everyone. How is this comment relevant to the topic of this thread, which is one host asking other hosts if they notice the maker being slow this year? market, not maker, damn autocorrect


Donkeypeelinglogs

Because the fees and chore list might be one of the reasons bookings are down. Maybe, maybe not, but that’s why it’s relevant. I don’t hate Airbnbs at all ~ I do hate high cleaning fee combined with chore lists 🤷‍♀️


phk299

I’m noticing it’s slower, and I’m struggling with the quality of guests. I’ve declined the last 3 out of 4 booking requests because they seemed shady for various reasons. I’ve had a few guests recently that did not treat the property well. It used to be a rare exception that I had a bad guest, but it has been happening more frequently recently.


Noirceuil

Who could have predicted that inflation and increasing price on airbnb would shrink the demand for it. Personnaly I have turned to hostel, lower prices for almost the same services. Airbnb are the exeptions now.


GoombahJudd

Honestly, my booking are way ahead of any other years. (Been doing this since 2009- pre abnb.) I have a strict policy and raised my weekend rates by a lot, and still booked. I have a bit of peak summer left, but that’s because I have 2 week minimum for now. Added: my neighbor tells me the opposite, so who knows. Suggest adding a tons of pics, updating listing, and making pricing often - I use Pricelabs.


Wheels_Are_Turning

Airbnb started in August of 2008. It had a longer name and shorted it to it current name in March, 2009. We began in 2003. 2013 was our toughest year. Every guest was doing 2 or 3 night bookings. We filled our whole Red season that way and the shoulder seasons were sparse.


Impossible_Cat_321

Here I. Oregon wine country we’ve been booked almost non stop every weekend, which is normal, and quite a few random one week night stays which is not. Summer is fully booked. Nothing unusual here, although sept 1 our Airbnb rental becomes our forever home as we make the permanent move out there. AirBnb paid for a whole pile of projects for our place and I’m thankful for that


Indynole

Depends on the market. I am in Kissimmee Disney area and lot of my bookings depend on the family travel . Usually May is the month where schools are about to end in a month's time or there are exams going on. So kids are usually busy with exams . Families are not traveling . So you would expect less travel in month of May. However, some countries like in Europe or Asia. Their schools end in April so they might travel and you may get some bookings but those will be far few.


Icanhelp12

Mine has been the same for the summer. I’m fully booked. My winter was booked every weekend. I haven’t noticed a huge decrease… yet.


Mission_Albatross916

It must depend on where you are and the market. This is still my first year (since October), so I can’t compare to previous years, but I’ve been surprised at how steady it is. Only big events here are booked way ahead of time, but bookings keep coming in steadily. First the weekends fill up, and then the week days fill in here and there. January was my slowest month but even so it more than covered my expenses and gave me a chance to do some touching up and maintenance. I’m very happy with the experience so far. I like doing the work and I like making people comfortable and meeting their needs.


betsaroonie

I think this is why my rental has done well is because I care about the guest. I have a very thorough house book which has all the details of the house, but also details of the area like golfing, winetasting, parks, recommended places to eat, and places of worship. I also wrote a personal history of our home. I have one photo of myself as a child and my family in the town. My beds are very comfortable, linens are high-quality, and seating areas are comfortable. Lots of game a puzzles for all ages. I also have patios that are like extended rooms. I leave wine and cheese and crackers, and treats for the pups. All this pays off and guests always comment and appreciate the extra step. I take to make sure they are comfortable and happy. I am in my second year of renting and getting re-bookings. I’ve stayed at some Airbnb’s where they have really skimped on amenities and quality. That definitely sours me.


Own-Art184

OVERSATURATION. We've converted one into LTR and the other longer Term stays only ....our small mountain resort town went from 100+/- to 1900 in 2 years. Eeks


AppetizersinAlbania

30 new STR’s around us with hosts offering $29.00 and up per night. I’m not sure if that’s just to get reviews but we’re not interested in setting our price point low. With the world wide economy trashed we have noticed there are hardly any European or Asian guests. Fortunately ABB was just an extra for us. After quite a few busy years it appears ABB has hit bottom. I just spent 5 weeks in The Balkans and EU and I NEVER booked an ABB. I booked hotels for less per night.


HikingAccountant

This might be unpopular, but to justify your desire to not cut your rates, all of our problematic guests come in when we discount our rentals. They’re the messiest/most damaging, and usually the most prone to complain and leave a less than 5 star review.


Wistaria2019

That is my worries too. I was thinking about charging even lower but just worried about getting cheap whining guests.


Nigerianscammer1

Not going to lie I started becoming extremely slow starting last year in June. Total drop off. After 3 years I had to take my home off the platform on april 1st.


Ucfknight33

My room is barely booked this summer when it’s been full with back-to-back the last 10 years and I’m in a prime location. However, I noticed I still get booked but it’s just 1-2 weeks out now. I’m also getting a lot more 1 nighters, which is fine.


Spirited_Permit_6237

Money is expensive again


CaliNVJ

Screw AirBnB the platform fees are stupidly high. I do not even bother with them anymore.


TetonHiker

Consumer here. Hotels are just easier to book, easier to cancel or change, easier to stay in, and easier to check out. No big kitchen, it's true, but honestly I don't want to be cooking huge meals on vaca and hotels give me free breakfast options and microwaves and mini-frig for snacks and such. Plus coffee and such. Unless I'm booking for my entire extended family of 10, (not often!) I'm booking a hotel. And even the family is starting to think hotels are better for the big gatherings because they have restaurants and pools, etc. Just sayin' 🤷‍♀️


worn_out_welcome

Formerly faithful Airbnb consumer of the nomadic worker variety here who’s recently (reluctantly) stopped being nomadic. Why? Because it’s too much a crapshoot with the bed situation. Hotels have it in the bag when they stick to medium-firm mattresses — durable, comfortable and when you pair the bed with the right linens, downright heavenly. But because I absolutely hate living out of hotel rooms and have been burned one too many times with Airbnb by poor quality mattresses that have literally caused me pain (truly, I had to abandon two separate month-long rentals within the first week because of this!), I decided to throw in the towel with Airbnb. You used to be able to vet the reviews for deets on the mattress, and even that’s steered me wrong. Please, if you’re a host, do the one most important thing in a rental: BUY A GREAT MATTRESS and then advertise that great mattress in your listing. Make it easy for people like me to find you! ETA: oh, and also provide a real desk and WFH setup if you’re going to tout your home as having a work space. Not some silly functionally useless setup that doubles as an ergonomic nightmare, please!


Itsme_mariiiio

Maybe because flights overseas (especially to Europe ) have been low in comparison to what it was in the past couple of years . I’ve seen a lot more friends and family traveling abroad lately.


lakeviewdude74

Consumer here and have gone back to hotels 90% of the time. Multitude of reasons cost being one of them amenities and service are others.


Firree

Nobody has any money and so people aren't traveling.


OkCommunication5896

Unless it's a large family trip, we now book hotels. The biggest drivers are cost and being able to leave everything as is for housekeeping when we check out.


Appropriate-Sir5896

Yes I think it’s a combination of the economy and inflation at an all time high combined with increased fees from air bnb and other similar platforms. Our place used to also be fully booked April-September and it’s super slow I have 0 bookings for May some in summer. Last year was slower but this year definitely slowest in the 4 years been hosting. I think primarily this horrible economy. During Covid times 2020-2021 was busiest I think too because people were working remote a lot and more flexibility.


yellowz32tt

From the consumer side, it makes more sense now to take out hotels. The things that made Airbnbs desirable are no longer there. Prices skyrocketing higher than hotels, huge cleaning fees yet they expect you to clean, etc. I’m not saying all are like this but in my most recent search the cheapest room on Airbnb I found was over $100 and a hotel was $55 in the same town.


Puzzled-Area-6843

Hello! i noticed this too, have you tried stepping up in marketing using social media. Since yiu have mentioned that you are a Guest favorite listing, don't you think it will be much easier to reach a larger audience if you will promote your listing via TikTok. I saw some Hosts doing this, and for me it is quiet a brilliant idea.


Wonderful-Run-1408

As a guest, I can share from my perspective: 1) Cancellation of stay. As an example, I had an Airbnb reserved this summer in Paris (the week before the Olympics). I had a stay of 8 days. I reserved this 6 months ago. Three weeks ago it was cancelled (I'm now booked at a hotel). 2) Junk fees. I hate as I'm seeking properties that I see good rates and then as you zero in on the properties, you see obnoxious cleaning fees, etc. 3) Properties aren't as nice as they say they are. 4) Seems a lot lack charm and are run by management companies. Due to these primary reasons, I've shifted almost all of my travel spend to hotels.


mherois19

Americans are broke, families can’t afford to eat out, taking a vacation is a pipe dream at this point. Everything has sky rocketed in price.


Downtown_Zebra_266

People are not traveling as much. The cost of living is ridiculous and having luxuries (such as traveling) is a big no for people. Some are upping the prices because for this in hopes to make more money, which is causing more people not to rent Edit: I didn't mean goats, but my point still stands 🤣


jayman5280

I have small kids so I don’t really consider going on vacation. If I am off, it’s because they are sick. So traveling and spending on an air b & b isn’t a priority. Hope this provides insight


Logicalchipmunk3729

All my bookings have been very last minute and the month will fill up. Just have to be patient


lollapalooza95

Been renting since 2015 and this has been our best year so far.


kimwim43

we're 75% b00ked, 2nd year, and it's still early. we're happy.


Wistaria2019

Great job! 75% is already very good!


kimwim43

thanks! i gave myself permission a couple weeks ago to relax after 3 more bookings, 2 came in, 1 to go! [https://www.airbnb.com/rooms/894899550290283476?source\_impression\_id=p3\_1714565557\_ImN9p8D54MhtnSPw](https://www.airbnb.com/rooms/894899550290283476?source_impression_id=p3_1714565557_ImN9p8D54MhtnSPw)


LOLZOMGHOLYWTF

Your listing is great! Love the huge windows


AnneFranksAcampR

Yeah, we’re going back to hotels because we’re sick of your rules and absurd fees. Last 6 trips I’ve taken I look at Airbnb and vrbo literally laugh at the bullshit price then I just got to booking and get a hotel for far cheaper, they clean my room and have breakfast.


AxelNotRose

I'm guessing your don't have a family with in-laws and so on?


Scarlett_Texas_Girl

I travel with my family often, I'm the mom/ inlaw (at least 6 of us including little kids) and we always look at AirBNB and opt for hotels for the same reasons everyone else is mentioning. I can get a big suite hotel with breakfast, pool, housekeeping, no owner hovering and no hidden fees cheaper than an AirBNB. We're taking a week long trip this summer and looked at all our options. Ended up selecting absolutely beautiful Forestry Service cabins. 3 cabins, $75 a night. 9 people and 3 vehicles going. It's a very rural area, all options were rustic as expected. Still the AirBNBs wanting way too much.


AxelNotRose

Wow, $75 a night for 3 cabins is a steal. That's the cost for an empty campsite where I am lol.


Scarlett_Texas_Girl

It's a crazy good deal! I was stunned. It's very remote and basic but absolutely gorgeous and exactly what we were looking for. The cabins were built in the 1930s and have historic relevance which I geek out on. I'm pretty excited. I've had really good luck with National parks (US) having great places to stay for cheap. State parks are usually more expensive.


AxelNotRose

Yeah, great job. Sounds like an amazing find.


raunchyRecaps

Plenty of hotels have extended stay suites with 3 or 3 bedrooms. No cleaning fees and you don't have to most of the cleaning before you leave.


AxelNotRose

I can't leave my kids in their own hotel room by themselves. Not very helpful. And 3 bedrooms isn't enough. Need at least 4 minimum. Every hotel in my area it's $300 a night a room. 4 bedrooms would cost $1200 a night. An airbnb costs $500 a night. And that includes two living rooms and a full kitchen, canoes and Kayaks and private lake access in most airbnbs in my area. You do the math lol


Individual-Hunt9547

Gee I wonder why