Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by briandear on Wednesday January 16, 2019 @01:39AM
(#18918736)
15% is a small cut. Ever sold inventory on Booking.com or Expedia? It’s a lot more than 15%. Plus AirBnB actually collects the money for you and you are paid on the day of check in. I own a small hotel in France and AirBnB is far more profitable and easy to use than Booking or Expedia. The marketing value alone is worth far more than 15% — but that 15 also includes credit card fees as well. It’s a great deal.
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Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by smueller1234 on Wednesday January 16, 2019 @08:22AM
(#18920577)
The standard commission rates for booking.com are 15% in fact. There are ways to push that up due additional marketing (preferred status takes it to to 18% and had requirements on average review scores last I checked).
So I don't know where you're getting your impression from that booking charges more than those 15 percent, but you may wish to recheck your numbers.
Can't comment on ease of use on the supplier side.
Source: I know that because I used to work there, ran the infrastructure eng and prod teams.
Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by distances on Wednesday January 16, 2019 @04:01AM
(#18919288)
Interesting, are there also hotels in AirBnb now? In Europe I most of the time end up with Booking.com even though I regularly check AirBnb too -- if the prices are close to each other (as they surprisingly often are), I'll always go with a hotel.