reader Posted May 6, 2020 Posted May 6, 2020 From CNBC Airbnb hosts are building their own direct booking websites in revolt Short-term rental hosts are banding together and launching their own direct-booking websites in an effort to diversify their business after years of mounting frustration with Airbnb and other short-term rental providers. Some of these websites were already in the works. But many hosts have recently prioritized their own direct-booking websites after a turbulent past two months, as the coronavirus pandemic spurred widespread cancellations and many grew unhappy with Airbnb’s reimbursement policies. Although these independent websites lack the consumer base that comes with a large service such as Airbnb, they give hosts more power when it comes to how they brand and market their properties. Direct-booking websites also offer hosts an avenue where they can rent their properties to guests at a cheaper price while generating a higher profit than they can when a middleman such as Airbnb is involved. Additionally, they offer hosts more control over situations where guests request refunds, cause damage or complain about a property, according to numerous short-term rental hosts who spoke with CNBC. Competition from these new direct-booking websites represents the latest challenge for Airbnb, which has endured a tough 2020. The company had lined up bankers to lead a public offering, which would test whether Airbnb could live up to its $31 billion private market valuation from 2017. But as the coronavirus decimated travel around the world, the company instead raised $2 billion in new debt funding at a valuation of $18 billion and announced major cost-cutting initiatives, including plans to lay off 25% of its staff, or nearly 1,900 employees. vinapu and splinter1949 2 Quote
Gaybutton Posted May 9, 2020 Posted May 9, 2020 Don't forget - no matter what AirBnB does, and I don't remember if this applies to all of Thailand, but in Pattaya short term rentals less than 1 month are only available at hotels and properties designated as hotels. Other than that, in Pattaya short term rents have been made illegal. There has been a great many complaints about this, but those complaints are falling on deaf ears. In Pattaya, at least, that's the way it is. Quote
firecat69 Posted May 9, 2020 Posted May 9, 2020 Like most things in Thailand , it really makes no difference what the supposed law is. I had multiple choices available in Pattaya and Bangkok on Airbnb in January and Feb. In Pattaya I stayed in View Talay 6 and there were many many choices of apartments for short time as there were at many other high rise buildings! Quote