Re:Airbnb valued at $13B ahead of staff stock sale
by prostoalex on Friday October 24, 2014 @05:30PM
(#8506113)
They do have instant booking https://www.airbnb.com/help/article/187
Re:Airbnb valued at $13B ahead of staff stock sale
by glenra on Friday October 24, 2014 @09:29PM
(#8506853)
Empirically, the rooms that offer last minute instant booking tend to cost about the same as a hotel.
Although I didn't realize you could use "has instant booking" as a search parameter - thanks! Now if only I could get hipmunk to honor that restriction too...
Selection bias says the most responsive hosts will get booked early so the bookings that still show as available at the last minute tend to be less responsive hosts. A room that's still showing up as available at the last minute might be doing so because the host went on a hiking trip and forgot to update the calendar rather than because it's actually available.