292 place 47

355 What happened to Airbnb?

Vox
Whizy Kim @ Vox · 11/08/2023 12:52 EDT

What happened to Airbnb?

In the past few years, Airbnb prices — and guest complaints — have sharply risen. | Getty Images/iStockphotoFinancially, the sharing economy darling is thriving, but guests, hosts, and cities have had enough. Airbnb knows people are unhappy. Its CEO, Brian Chesky, has acknowledged the “tens of thousands” of complaints across social media about the platform’s growing costliness. It knows that hosts’ expenses — like home insurance, property taxes, and the cost of labor for cleaning and maintenance — have cli

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