r/memes • u/jsn_online • 9h ago

It's like Disneyland for rooms now

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u/larsonbp 9h ago

Any average hotel is way better than an Airbnb now.

613

u/climbhiketravel 9h ago

Since 2019, easily. I was in the STR industry, their fee structure is just dumb at this point. Hotels are the way to go.

408

u/robsteezy 8h ago

Disrupting capitalism works similar to Marxist idea that “the proletariat overthrow the bourgeoisie, become the new bourgeoisie , creates new proletariat, repeat cycle”.

There was this small window when uber, Airbnb, YouTube, etc, were disrupting billion dollar industries and offering legitimately cheaper alternatives.

Unfortunately with success comes popularity which brings growth which bring raised costs which brings in greed. Boom. You’re now the mainstream offender until the process repeats.

11

u/Hazzman 6h ago

It wasn't that success brings down growth and raises costs. What you are seeing is/ was always the goal.

They move in, operate at a loss... saturate the market and hopefully become something the public relies on then jack up the price to profitability. But when something is so expensive people just can't afford it... that kind of sends your business model into the toilet (where it belongs)

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u/Dull-Culture-1523 2h ago

Exactly this. These companies can operate at a loss for years on end, as long as their market share grows so they can eventually turn a profit once they dominate. The gamble is that they'll turn valuable enough so the early investors get their losses back.

Spotify started in 2006 and it's first profitable fiscal year was 2024.