Bank of America dived into hundreds of thousands of US Airbnb listings, found avg rate is 60% higher than hotels.pic.twitter.com/cmuSTqfbPk
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Bank of America dived into hundreds of thousands of US Airbnb listings, found avg rate is 60% higher than hotels.pic.twitter.com/cmuSTqfbPk
@kimmaicutler 1-this includes listings that are entire houses, 2-why does it matter? Consumers are smart enough to pick best option for them
@michaelrwolfe the report was centered around market sizing Airbnb and its impact on hotel stock, REIT performance
@kimmaicutler @michaelrwolfe you are so biased. This host charges 118 per night.
@SuperhostSF @michaelrwolfe ok, well you go through 200,000+ total active listings in the US in a single month. You're one data point.
@kimmaicutler @michaelrwolfe it's shocking you are reva reporter and did not see this. House vs room are apples vs oranges
@SuperhostSF @michaelrwolfe obviously know it's apples to oranges. Still interesting to point out since they're competing in the same market
@SuperhostSF @michaelrwolfe the pt of the report was determining Airbnb's potential impact on hospitality industry.
@kimmaicutler @michaelrwolfe loss for words at this ineptitude
@SuperhostSF ineptitude. OK, well tell that to BofA-Merrill Lynch. Or to Airbnb which shares vague averages and no detailed data.
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