OnDemand WTP Pricing Research

Tag: Airbnb

After European Union crackdown, Airbnb to show full prices upfront | TOPHOTELNEWS

After European Union crackdown, Airbnb to show full prices upfront | TOPHOTELNEWS

Airbnb will be changing how it displays accommodation listings following an intervention from the European Union Commission. The home-sharing giant will now show the full price of the stays that it is offering upfront on the results page. Those prices will include all charges, as well as fees such as service, cleaning charges and local […]

Airbnb comes clean on pricing after enforcement action threat | The Irish Times

Airbnb comes clean on pricing after enforcement action threat | The Irish Times

Airbnb has amended the way it presents pricing information to consumers after the European Commission took it to task for not being transparent enough on the total cost of bookings. The commission said the online home share company had agreed to clarify the way it presents accommodation offers on its platform to ensure it complies […]

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

Since the introduction of sharing-economy services such as Airbnb, hotels have struggled with how to compete against the alternative accommodations market. Among hotels’ concerns is how Airbnb impacts their pricing and distribution strategies, which, according to new research from the Tepper School of Business at Carnegie Mellon University, might be more dramatic than hoteliers may […]

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

As hotels experience increased pressure from the growth of hosting sites such as Airbnb, new research from the Tepper School of Business proposes strategies for hotels to cope with the competition while suggesting that government regulation is limited in its ability to control industry disruption. Hui Li, Assistant Professor of Marketing, and Kannan Srinivasan, H.J. […]

Why your Uber fares and Airbnb rental fees are about to skyrocket | Daily Mail Online

Why your Uber fares and Airbnb rental fees are about to skyrocket | Daily Mail Online

Uber drivers and Airbnb hosts will no longer be able to dodge taxes on their earnings under a controversial new rule set to see a huge jump in prices for consumers. The federal government will enforce a compulsory reporting system to ensure the 11 million Australians signed up with sharing-economy platforms have no choice but […]

Super Bowl LIII: AirBNB accused of price gouging | The Atlanta Voice

Super Bowl LIII: AirBNB accused of price gouging | The Atlanta Voice

Eleven days remain until kickoff at Super Bowl LIII and many fans of the New England Patriots and Los Angeles Rams are scurrying for last-minute bookings for the big game. While most popular hotels are sold out, AirBNB hosts are looking to cash in on Super Bowl fever. According to a report by AirnbnbWatch, an affordable […]

Want to make some extra cash? Rent your car out, Airbnb-style | KSAT

Want to make some extra cash? Rent your car out, Airbnb-style | KSAT

Ever wished someone else would help contribute to your car payment? In true 21st century form, you can now rent out your car by the day to make a little (or a lot of) extra dough. The Airbnb-like car company Turo helps you to do just that. It also allows people to bypass dealing with car rental agencies […]

Airbnb promises more transparency on prices, conditions | The Brussels Times

Airbnb promises more transparency on prices, conditions | The Brussels Times

The online platform Airbnb plans to improve the way it presents rental prices for the rooms and homes it advertises,as well as their conditions of use, in keeping with European consumer laws, the European Commission said. The Commission, which had already rapped the U.S. business on its fingers in July, said Airbnb had until the […]

Seven Tips To Pricing Rental Property For Maximum Exposure And Consistent Income | Forbes

Seven Tips To Pricing Rental Property For Maximum Exposure And Consistent Income | Forbes

Whether you are converting your home into a rental property or investing in real estate for the benefit of passive income, you need to price your rent effectively in order to ensure minimal vacancy loss and maximum exposure to renters when you list for rent. The history of asking rent prices in the U.S. shows a steady […]

Learning Market Dynamics for Optimal Pricing – Airbnb Engineering & Data Science | Medium

Learning Market Dynamics for Optimal Pricing – Airbnb Engineering & Data Science | Medium

In this post, we describe a framework used to model lead time dynamics in order to help hosts price their homes more competitively and improve their earnings potential. We embrace both machine learning (ML) and structural modeling to achieve improved predictive performance and model interpretability. A Primer on Lead Time Dynamics The lead time for a […]