11 Pros And Cons Of AirBnB You Need To Know (2024)

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AirBnB has become an enormous disruptor in the hospitality space – for better or worse. The company was founded by two guys renting out air mattresses in San Francisco and turned that into a travel revolution. With a market cap of over 70 billion dollars, it is the premier platform for unique travel experiences. I have stayed at a few AirBnBs and wanted to talk about the pros and cons of AirBnB from my experiences.

In This Post

Pros of AirBnB

First, the platform itself is BEAUTIFUL! UX nerds like me love this stuff. I strongly encourage visiting AirBnB.com if you have never been to the site. The platform has now extended from renting homes to experiences and now restaurant reservations!

Here are just a few pros I have found to using AirBnB throughout my travels.

Local Flavor

In cultured areas, homes tend to reflect the place they are in. Many standard hotel rooms tend to be very cookie-cutter. AirBnB’s can be plain Jane or unbelievable one-of-a-kind experiences.

Hospitable Hosts

Hosts can be incredibly hospitable. I’ve had my host make us breakfast and coffee in the morning! Or they’ll leave baked goods for you to enjoy or extra supplies to make your own meals.

Insider Knowledge

Hosts have great knowledge of the area. Best restaurants, activities, etc. Think of them as your own personal concierge about the local area. Listen to the We Travel There podcast for the best things to do in cities around the world.

Flexibility & Communication

Many times, hosts are open to texting back and forth with you regarding questions you may have. Whether it be a late check-in, a prolonged stay, or issues with your unit.

Customer service

Just like hotels, AirBnBs have not-so-perfect experiences too. In my experience, its customer service has been incredibly helpful in answering my questions and addressing my needs.

Value For Your Money

It was founded on the premise of saving people money. I’ve stayed in homes that cost $25 compared to basic hotel rooms at $200+. If you just need a bed to sleep in, this can be a great way to save money!

Save Money On Food

Most AirBnB rentals include a kitchen, unlike a majority of hotel rooms. You can grab some groceries from a local market. Then, save money on food while traveling by cooking a few meals in the kitchen instead of eating out the entire vacation.

Cons of AirBnB

While AirBnB has been a revolutionary company, it has negatives as well. Here are just a few cons I have heard about/experienced.

Fees & Required Minimum Stays

While the service promotes flexibility and affordability, sometimes it does fall away from that. Here is an example below.

This apartment in Salt Lake City stays it is $85/night. Not bad, right?

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However, when I go to book, I find that there is a required one-night stay. If I were needing just a one-night stay, I would have to look at a new place.

Even if I were looking for a two-night stay, my final price all of a sudden jumps to $214. A 26% increase from the per-night rate!

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In my eyes, the service feeis very similar to a “resort fee”. This is definitely my leastfavorite part of the platform. Very deceptive.

Lack Of Privacy

Privacy can be limited if you share a home with the host. Of course, renting a room from someone is why you’re saving money. But you have to ask yourself if it is worth it. There have been some very public horror stories with hosts, so be careful out there.

Where Are My Points?

Of course, for points and miles enthusiasts, there isn’t a co-branded AirBnB credit card. However, many credit cards do categorize AirBnB charges as “hotels” or “travel”, so you can take advantage there! With travel credit cards, these charges often earn bonus points and may be eligible to use with annual credits.

And there aren’t any loyalty programs with AirBnB. You won’t get better accommodations, free upgrades, or benefits through status like you would with a hotel chain.

Disruption (For The Worse)

Working in the Silicon Slopes (Utah’s version of Silicon Valley), I taste disruption every day. On my most recent Delta flight, I came across the BBC series Secrets of Silicon Valley. I highly recommend it!

I won’t give away too much, but there is a portion highlighting the AirBnB website in Europe. Let’s just say the results aren’t very good.

The Bald Thoughts

For those looking for a unique experience or to cut costs, AirBnB is a great alternative instead of a hotel. But you need to weigh the pros and cons of AirBnB versus staying at a hotel. Have you used AirBnB recently? What was your experience like?

Let’s hear it in the comments!

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This article originally appeared on BaldThoughts.com on February 8, 2018.


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11 Pros And Cons Of AirBnB You Need To Know (2024)

FAQs

What are the pros and cons of having an Airbnb? ›

Hosting guests through Airbnb can give continuous income but can also be time-consuming due to the various responsibilities involved. This includes cleaning and maintenance, communication with guests, paying for professional photos annually, managing reservations, and dealing with issues that may arise.

What are the risks of Airbnb? ›

Here are a few dangers to look out for:
  • Property damage. One of the biggest risks of renting out your property on Airbnb is the potential for guests to cause damage. ...
  • Preventing guest injuries. As a host, it's important to ensure that your property is safe for guests. ...
  • Theft of belongings. ...
  • Squatters. ...
  • Hidden fees.
Mar 24, 2023

What are the pitfalls of Airbnb? ›

Guests often find Airbnb is cheaper, has more character, and is homier than hotels. Risks of hosting include renting your place to rude guests, theft or damaged property, complaints from neighbors, and potential regulatory violations depending on your location.

What are the benefits of Airbnb? ›

Airbnb is an online marketplace that connects people who want to rent out their property with people who are looking for accommodations, typically for short stays. Airbnb offers hosts a relatively easy way to earn some income from their property. Guests often find that Airbnb rentals are cheaper and homier than hotels.

What happens if an Airbnb host sells a house? ›

Listing details, calendars, and reservations all go away when the property changes ownership. The good news is that all of your profile details including your reviews and stats stay with you. So all that hard work you did to become an amazing host moves with you.

What is the biggest problem with Airbnb? ›

4. What is the biggest problem with Airbnb?
  • Security and safety. ...
  • Guests who are loud or disruptive, increasing traffic, and the commercialization of residential areas are some of the issues that some locals have taken issue with.
Mar 10, 2024

Do Airbnbs have hidden cameras? ›

Airbnb previously navigated these shoals by requiring that indoor cameras in common spaces, such as hallways and kitchens, had to be disclosed to the renter. Since 2022, the short-term rental platform Vrbo has banned the use of indoor cameras except for those that are disclosed to guests and can be deactivated by them.

What are the frauds of Airbnb? ›

Types of Airbnb scams

Fake listings: Scammers create fake listings on Airbnb to trick guests into booking and paying for a property that doesn't actually exist. They may use photos and descriptions from real listings to make the fake listings look more legitimate.

Are cleaning fees included on Airbnb? ›

A cleaning fee is a one-off charge for cleaning the space you stay in and is set by the Host. It's an extra amount on top of the nightly rate when you book a listing. This fee covers the extra expenses Hosts incur when getting their place ready for guests to arrive or after they leave.

Is Airbnb becoming less popular? ›

“Demand is still rising every month, and so are Airbnb's bookings and revenue,” says Lane. “Although hosts in some markets are seeing a correction after a pandemic-driven boom, on the whole, demand remains very strong and we aren't yet seeing an 'Airbnb bust. '”

What is a weakness of Airbnb? ›

Dependence on Hosts: Airbnb's business model relies heavily on hosts who provide guest accommodations. This dependence can create risks for Airbnb if hosts decide to withdraw from the platform or if there is a shortage of available properties.

Can Airbnb be risky? ›

Property damage to your Airbnb or Vrbo

Normal wear and tear is expected, but many owners worry their guests will do more severe damage to the property — from breaking furniture to causing water damage. Sometimes guests will throw unauthorized house parties or other "disruptive events" at the rental property.

What happens if Airbnb is bad? ›

You can message your Host directly to let them know what's going on. Ask for a refund: If you need to request a refund because of the issue, there's a higher chance your Host will accept your request if you can agree on an amount first.

Why Airbnb is bad for communities? ›

In neighborhoods that are close to tourist destinations, residents who do not own their homes often face inflated rental prices that force them to move because landlords are choosing to convert their long-term rentals into Airbnbs. This can also make it more difficult for people to buy a home in these areas.

Are Airbnb worth owning? ›

Make sure you do your research before committing to Airbnb investing. Based on a survey carried out on 1,000 people, “54% of those who own their own home said they'd consider renting it out through a service like Airbnb, and 82% believe this is a good money-making strategy”.

Is it worth putting your house on Airbnb? ›

The profitability of Airbnb rentals depends on various factors such as location, property type, market demand, pricing strategy, and operating costs. In some areas and circ*mstances, Airbnb rentals can be profitable, while in others, they may not be as lucrative.

Is it a good idea to run an Airbnb? ›

Running an Airbnb property can provide extra income on the side for hosts, and it could even generate five or six figures in annual revenue for those who have multiple listings. Although it's not suited for everyone, Airbnb offers a number of ways for homeowners or renters to benefit from its extensive platform.

Is it worth hosting on Airbnb? ›

The worthiness of it really depends on your goals and how well you manage your properties. If you're looking for additional income and enjoy meeting new people, hosting can be a great experience. It allows you to make money from your extra space. However, it's not without its challenges.

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