11 Pros And Cons Of AirBnB You Need To Know (2024)

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AirBnB has become an enormous disruptor in the hospitality space – for better or worse. The company was founded by two guys renting out air mattresses in San Francisco and turned that into a travel revolution. With a market cap of over 70 billion dollars, it is the premier platform for unique travel experiences. I have stayed at a few AirBnBs and wanted to talk about the pros and cons of AirBnB from my experiences.

In This Post

Pros of AirBnB

First, the platform itself is BEAUTIFUL! UX nerds like me love this stuff. I strongly encourage visiting AirBnB.com if you have never been to the site. The platform has now extended from renting homes to experiences and now restaurant reservations!

Here are just a few pros I have found to using AirBnB throughout my travels.

Local Flavor

In cultured areas, homes tend to reflect the place they are in. Many standard hotel rooms tend to be very cookie-cutter. AirBnB’s can be plain Jane or unbelievable one-of-a-kind experiences.

Hospitable Hosts

Hosts can be incredibly hospitable. I’ve had my host make us breakfast and coffee in the morning! Or they’ll leave baked goods for you to enjoy or extra supplies to make your own meals.

Insider Knowledge

Hosts have great knowledge of the area. Best restaurants, activities, etc. Think of them as your own personal concierge about the local area. Listen to the We Travel There podcast for the best things to do in cities around the world.

Flexibility & Communication

Many times, hosts are open to texting back and forth with you regarding questions you may have. Whether it be a late check-in, a prolonged stay, or issues with your unit.

Customer service

Just like hotels, AirBnBs have not-so-perfect experiences too. In my experience, its customer service has been incredibly helpful in answering my questions and addressing my needs.

Value For Your Money

It was founded on the premise of saving people money. I’ve stayed in homes that cost $25 compared to basic hotel rooms at $200+. If you just need a bed to sleep in, this can be a great way to save money!

Save Money On Food

Most AirBnB rentals include a kitchen, unlike a majority of hotel rooms. You can grab some groceries from a local market. Then, save money on food while traveling by cooking a few meals in the kitchen instead of eating out the entire vacation.

Cons of AirBnB

While AirBnB has been a revolutionary company, it has negatives as well. Here are just a few cons I have heard about/experienced.

Fees & Required Minimum Stays

While the service promotes flexibility and affordability, sometimes it does fall away from that. Here is an example below.

This apartment in Salt Lake City stays it is $85/night. Not bad, right?

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However, when I go to book, I find that there is a required one-night stay. If I were needing just a one-night stay, I would have to look at a new place.

Even if I were looking for a two-night stay, my final price all of a sudden jumps to $214. A 26% increase from the per-night rate!

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In my eyes, the service feeis very similar to a “resort fee”. This is definitely my leastfavorite part of the platform. Very deceptive.

Lack Of Privacy

Privacy can be limited if you share a home with the host. Of course, renting a room from someone is why you’re saving money. But you have to ask yourself if it is worth it. There have been some very public horror stories with hosts, so be careful out there.

Where Are My Points?

Of course, for points and miles enthusiasts, there isn’t a co-branded AirBnB credit card. However, many credit cards do categorize AirBnB charges as “hotels” or “travel”, so you can take advantage there! With travel credit cards, these charges often earn bonus points and may be eligible to use with annual credits.

And there aren’t any loyalty programs with AirBnB. You won’t get better accommodations, free upgrades, or benefits through status like you would with a hotel chain.

Disruption (For The Worse)

Working in the Silicon Slopes (Utah’s version of Silicon Valley), I taste disruption every day. On my most recent Delta flight, I came across the BBC series Secrets of Silicon Valley. I highly recommend it!

I won’t give away too much, but there is a portion highlighting the AirBnB website in Europe. Let’s just say the results aren’t very good.

The Bald Thoughts

For those looking for a unique experience or to cut costs, AirBnB is a great alternative instead of a hotel. But you need to weigh the pros and cons of AirBnB versus staying at a hotel. Have you used AirBnB recently? What was your experience like?

Let’s hear it in the comments!

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This article originally appeared on BaldThoughts.com on February 8, 2018.


Related

11 Pros And Cons Of AirBnB You Need To Know (2024)

FAQs

What are the pros and cons of being an Airbnb host? ›

Hosting guests through Airbnb can give continuous income but can also be time-consuming due to the various responsibilities involved. This includes cleaning and maintenance, communication with guests, paying for professional photos annually, managing reservations, and dealing with issues that may arise.

What are the disadvantages of Airbnb? ›

Disadvantages of hosting on Airbnb: Airbnb charges a commission for each booking, which can impact your profits, especially if you have multiple or longer-term rental offerings. Some hosts, including myself, attempt to offset these fees by charging higher rates or additional cleaning fees.

What do I need to know before putting my house on Airbnb? ›

Top Ten Things to Know before Renting your Home on Airbnb
  1. Familiarize yourself with your Local Laws and Regulations.
  2. Keeping the Neighborhood Peace.
  3. Know your Taxes!
  4. Get Insured.
  5. Set Up a Business Plan.
  6. Understand the Mechanism behind Airbnb.
  7. Cleaning and Upkeep of your Property.
  8. Have an Emergency Support System in Place.

What is the risk of being Airbnb host? ›

As a vacation rental owner, a big concern is guest injuries or fatalities on your property. Even if you weren't present on the property at the time of the incident, you could still be held legally responsible for the accident. And the medical bills can add up quickly.

What happens if an Airbnb host sells a house? ›

Listing details, calendars, and reservations all go away when the property changes ownership. The good news is that all of your profile details including your reviews and stats stay with you. So all that hard work you did to become an amazing host moves with you.

What is the biggest problem with Airbnb? ›

4. What is the biggest problem with Airbnb?
  • Security and safety. ...
  • Guests who are loud or disruptive, increasing traffic, and the commercialization of residential areas are some of the issues that some locals have taken issue with.
Mar 10, 2024

Is Airbnb bad for the economy? ›

It is not merely excessive tourism that can raise the cost of living for citizens. Homestays, especially on the massive scale of an Airbnb, have been seen to have an inflationary impact on economies as well. And this is most felt in the prices of residential real estate and home rentals.

What are the positive effects of Airbnb? ›

Positive Effects: Economic Boost: Airbnb contributes to the local economy by bringing in tourists and travelers who spend money on accommodation, dining, shopping, and local experiences. This can benefit small businesses and generate employment opportunities.

Are cleaning fees included on Airbnb? ›

A cleaning fee is a one-off charge for cleaning the space you stay in and is set by the Host. It's an extra amount on top of the nightly rate when you book a listing. This fee covers the extra expenses Hosts incur when getting their place ready for guests to arrive or after they leave.

Do Airbnbs get cleaned? ›

It is up to the discretion of each host to determine whether or not to charge a cleaning fee, although it is worth noting that the charging of a cleaning fee is a common practice on Airbnb. However, some hosts prefer not to charge a cleaning fee and instead add the fee to their overall nightly price.

Is Airbnb becoming less popular? ›

“Demand is still rising every month, and so are Airbnb's bookings and revenue,” says Lane. “Although hosts in some markets are seeing a correction after a pandemic-driven boom, on the whole, demand remains very strong and we aren't yet seeing an 'Airbnb bust. '”

Why is it called Airbnb when there is no breakfast? ›

Airbnb is a contraction of "Airbed and Breakfast," an earlier name that reflected the company's origins.

What is the Airbnb service fee? ›

Airbnb charges hosts a service fee for each booking. What percentage Airbnb takes can vary, but it's typically around 3% for most hosts. However, Airbnb's commission can go up to 14% or more for hosts who have a Super Strict cancellation policy.

Does Airbnb have a competitor? ›

Airbnb business competitors include websites like Vrbo, Booking.com, Expedia, MakeMyTrip, Marriott, Top Villas, TravelStaytion, HomeToGo, Plum Guide, and Google. Not all of them are vacation rental marketplaces.

Is becoming an Airbnb host worth it? ›

Airbnb hosts make, on average, about $924 a month, according to research from low-interest lender Earnest. Of course, that income can vary dramatically depending on where you're based, how frequently you rent out your place, the quality of your home and the services you provide.

Is being an Airbnb host stressful? ›

The experience of hosting on Airbnb might indeed involve stress, particularly for those handling the property independently. Numerous elements can add to this stress, including overseeing reservations, maintaining cleanliness, upkeep, handling challenging guests, and keeping the property aligned with local laws.

Do people really make money with Airbnb? ›

Lots of people make money on Airbnb. But lots of others don't, too. In fact, there are way more hosts barely making ends meet on short-term rentals.

Is being an Airbnb host easy? ›

Starting an Airbnb business requires time, effort and investment just like other business ventures. Before becoming an Airbnb host, you'll want to understand the rules and tax implications, thoughtfully design your space and research listings in your area to make sure your pricing is competitive.

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