In 2022, AirDNA reported that across both Airbnb and its rival Vrbo, the top 1% of hosts operate about 23% of all active listings and generate about 28% of total revenue. It's a trend that poses a potentially huge threat to Airbnb because the top hosts in the short-term-rental industry represent a large share of the bookings pie.
The analytics site AirDNA reported that the number of nights travelers booked in 2022 was the highest it's ever recorded. The continually growing demand for short-term stays might be a driving factor for hosts to go rogue. "The company will now need to compete against its best and largest hosts," Dorsey wrote, as professional Airbnb hosts start or continue to further build out their own direct-booking platforms and offer deals to incentivize guests to directly book with them instead of through Airbnb. The biggest hosts on Airbnb seem poised to bite the hand that feeds them, according to a new report published on April 6 in The Bear Cave, the short seller Edwin Dorsey's newsletter. This protection comes at no extra cost but doesnt cover everything.
Account icon An icon in the shape of a person's head and shoulders. For hosts, Airbnb provides up to 1,000,000 to cover unreasonable damage inflicted on the property.
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