Airbnb on an abstract level
Posted: Sun Dec 22, 2024 7:19 am
You could have expected it. Airbnb is going to open a home-hotel hybrid in Florida this year. The text is bombastic, it talks about home sharing and flexible living . We are not even a hundred words in and the words hybrid, sharing and flexible have already been mentioned. There is something new in the air.
Niido: a 'hotel' with apartments
Niido is the name, powered by Airbnb. The idea is to build a 324-unit “hotel” in Kissimmee, Florida. Owners or renters of these apartments are encouraged to rent out their apartment for up to 180 days per year. Of course, exclusively through Airbnb. In the building, there is a super concierge – a master host – who does check-ins, key collection (although there is also talk of keyless entry), cleaning and linens. There is a separate storage for large luggage.
Airbnb expects to add 11,000 apartments in the United States to its current supply of more than 3 million listings worldwide. I note that Airbnb is developing a solution to respond to objections it has caused itself, especially in large cities. Property owners who forbid their tenants to rent out their space via Airbnb, municipalities that introduce 60-day rules, the municipality of Amsterdam that wants to make it 30 days since this week (but doesn't know how to enforce this, because Airbnb is needed for that).
Consider the Airbnb phenomenon on an abstract level:
A top user-friendly platform (Airbnb) is launched malaysia phone number list on the market.
The network effect is at work; more apartment providers, more demanders, more suppliers.
The winner-takes-all effect is at work.
The idea of offering unused living space is appealing; sharing is 'in'.
A workable economic balance is found; apparently attractive to both landlords and tenants.
The large supply threatens the hotel industry; the rigid industry initially denies it, and is not flexible enough to react quickly when it turns out to be serious.
Massive use leads to abuse, to excesses. The canal belt looks disapprovingly at the suitcases on the canals ('really annoying, all that noise'). Owners' associations make rules. Municipalities intervene. Tourist tax collectors look for their back routes. Landlords start to set rules. Insurance companies adjust contracts.
And now comes the good part. The cause of all this misery, Airbnb itself, is going to nestle in the market that it has itself confused. But it does take into account the negative effects that the popularity of the application has caused. Airbnb saw the good, saw the bad and is going to play a role in the disrupted market while preserving the good and avoiding the bad.
Niido: a 'hotel' with apartments
Niido is the name, powered by Airbnb. The idea is to build a 324-unit “hotel” in Kissimmee, Florida. Owners or renters of these apartments are encouraged to rent out their apartment for up to 180 days per year. Of course, exclusively through Airbnb. In the building, there is a super concierge – a master host – who does check-ins, key collection (although there is also talk of keyless entry), cleaning and linens. There is a separate storage for large luggage.
Airbnb expects to add 11,000 apartments in the United States to its current supply of more than 3 million listings worldwide. I note that Airbnb is developing a solution to respond to objections it has caused itself, especially in large cities. Property owners who forbid their tenants to rent out their space via Airbnb, municipalities that introduce 60-day rules, the municipality of Amsterdam that wants to make it 30 days since this week (but doesn't know how to enforce this, because Airbnb is needed for that).
Consider the Airbnb phenomenon on an abstract level:
A top user-friendly platform (Airbnb) is launched malaysia phone number list on the market.
The network effect is at work; more apartment providers, more demanders, more suppliers.
The winner-takes-all effect is at work.
The idea of offering unused living space is appealing; sharing is 'in'.
A workable economic balance is found; apparently attractive to both landlords and tenants.
The large supply threatens the hotel industry; the rigid industry initially denies it, and is not flexible enough to react quickly when it turns out to be serious.
Massive use leads to abuse, to excesses. The canal belt looks disapprovingly at the suitcases on the canals ('really annoying, all that noise'). Owners' associations make rules. Municipalities intervene. Tourist tax collectors look for their back routes. Landlords start to set rules. Insurance companies adjust contracts.
And now comes the good part. The cause of all this misery, Airbnb itself, is going to nestle in the market that it has itself confused. But it does take into account the negative effects that the popularity of the application has caused. Airbnb saw the good, saw the bad and is going to play a role in the disrupted market while preserving the good and avoiding the bad.