How Airbnb Profits From Our Love of Experience

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How Airbnb Profits From Our Love of Experience
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Travelers are shelling out more money on things to do than on car rentals, train tickets, or cruises combined. Of those activities, eating and drinking are the most prized.

to find the best street food in Queens, say it took them at least three months to get their application approved as Airbnb Experiences hosts.

That was the case for Oraa and Gouras, who dropped the price of their experience down to $40 per person when they first began hosting. A few months later, however, they brought the price back up to $55 per person. A host doesn’t have to comply with this suggestion, however; they retain full control of the itinerary, schedule, frequency, and pricing of their Experience.

Longtime Airbnb Experiences hosts like Pellegrini, Oteri, and DiStefano have noted that there’s more competition within the platform than ever before, especially as Airbnb adds thousands more Experiences each year. “The first thing I think is, ‘Can they possibly be all that good? What’s the level of vetting that’s going on?’” DiStefano remarks. As Oteri points out, not all Experiences are necessarily being hosted by locals, or someone who wants to share their passion with others.

Airbnb says that more than 90 percent of its Experiences have five-star reviews, but it’s widely understood that guests and hosts are often reluctant to rate one another harshly. “Even the guests I thought would give me a bad review gave me a very positive one,” says Saint Olive, who hasn’t had any negative reviews to date. “It might be because even if they are not completely satisfied, they feel that I’m trying my best to have them spend the best time that they can.

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