Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?
View from Seed
NOVEMBER 18, 2020
Airbnb convinced travelers to part with 100% of their booking cost up front and then they pay out the required amount to hosts when the stay actually occurs. Additionally Airbnb charges both sides of the booking (guest & host) a separate service fee. Expedia 8%. Booking Holdings 35%. Hilton 17%. Marriott 9%.
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