Airbnb's struggles go beyond people spending less. It's losing some travelers to hotels.
businessinsider.com
- Airbnb stock tumbled 14% in one day after the company predicted slowing demand.
- Some former Airbnb diehards say they now prefer the consistency of hotels.
- Airbnb said it might increase travelers' ability to book hotel rooms through Airbnb.
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Why shouldn't taxes be displayed?
Americans are used to mentally adding taxes to the price
They should be displayed.
To add to this, in the U.S. the price on the shelf should be the actual price after tax. It's so weird seeing the price and knowing it's not actually the price.
Taxes are not displayed anywhere else, so if Airbnb starts including taxes in their listing they will be at a competitive disadvantage as their pricing would become apples to oranges versus hotels in the wrong direction.
Almost nowhere in the US includes taxes in the advertised price.