{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"EP160: This Week in the World of Airbnb","description":"The Airbnb philosophy seems to be, “If you can’t beat ‘em, join ‘em!” This week in the news, there are rumors of a deal with Chinese rival Trujia, as Airbnb seeks to succeed in a market where other tech giants have struggled.
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\nJasper is joined by Hostfully VP of Strategic Partnerships, Nicole Prentice Williams, to discuss this development in China, as well as Airbnb’s new hire in the region: Head of Chinese Operations, Hong Ge. They also cover Airbnb’s surprising success in Cuba, and how Airbnb might capitalize on legal requirements for travel in that country.
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\nIn Barcelona, Airbnb seems less welcome, and headlines this week outline the crackdown on unlicensed homesharing in the city. Last but not least, Jasper and Nicole talk about one place where Airbnb is beating out the competition – online! Listen and learn about the platform’s surge in traffic and how it compares to hotel brands and other metasearch sites.
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\nTopics Covered
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\nArticle #1: Airbnb Says Cubans are Cashing in on Airbnb
\n•\tCubans have earned nearly $40M since April 2015
\n•\tHosts share space 33 nights per year on average
\n•\tAverage amount paid per booking of $164
\n•\t$2700 average annual payout
\n•\t58% of Cuban hosts are women
\n•\tCuba is popular tourist destination for Americans since travel restrictions eased
\n•\tOnly allowed to travel to Cuba for one of 12 reasons (e.g.: visit relatives, academics)
\n•\tAirbnb fulfills legal requirement of person-to-person visaArticle #2: Airbnb China Said in Deal Talks with Local Rival Tujia.com
\n•\tAirbnb entered Chinese market in 2015
\n•\tMay be partnership deal or acquisition
\n•\tTujia valued at $1B, raising $300M more
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\nArticle #3: Airbnb Appoints Head of China Operations After Long Search
\n•\tYale grad Hong Ge reports directly to Chesky
\n•\tResume includes positions at Facebook and Google
\n•\tOffers understanding of local market
\n•\tOther tech giants have struggled in China
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\nArticle #4: Airbnb Traffic Surges, Surpassing Older Brands
\n•\tAirbnb site traffic up more than 31% since Q1 of last year
\n•\tMoved into number one spot, surpassing all hotel brands and metasearch sites
\n•\tStrong user base among millennials
\n•\t30% of respondents ages 18-34 use sharing economy services compared to 11% of those over 35
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\nArticle #5: Airbnb Faces Crackdown on Illegal Apartment Rentals in Barcelona
\n•\t7,000 unlicensed holiday rentals in city (of 16,000 total)
\n•\tDoubled team of inspectors from 20 to 40 (100 by next year)
\n•\tBarcelona will not renew existing licenses
\n•\tCity blames homesharing for housing shortage, high prices
\n•\tAirbnb argues platform helps homeowners make ends meet, could be part of solution
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\nResources Mentioned
\nAudible Free Trial
\nGet Paid for Your Pad on Audible
\nArticle #1: news.fastcompany.com/airbnb-says-cubans-are-cashing-in-on-airbnb-4039804
\nArticle #2: chinamoneynetwork.com/2017/06/05/airbnb-china-said-in-deal-talks-with-local-rival-tujia-com
\ntujia.com
\nArticle #3: bloomberg.com/news/articles/2017-06-01/airbnb-hires-hong-ge-to-run-china-operations-after-long-search
\nArticle #4: emarketer.com/Article/Airbnb-Traffic-Surges-Surpassing-Older-Brands/1015937
\nArticle #5: irishtimes.com/news/world/europe/airbnb-faces-crackdown-on-illegal-apartment-rentals-in-barcelona-1.3107184
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\nConnect with Jasper
\nEmail: jasper@getpaidforyourpad.com
\nTwitter: @GetPaidForUrPad
\nInstagram: @GetPaidForYourPad
\nFacebook: www.facebook.com/getpaidforyourpad
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\nThis episode is sponsored by Aviva IQ. Aviva IQ automates messages to your Airbnb guests. It's also free!","author_name":"Freewyld Foundry"}