Preview

The Pros And Cons Of Having A Business Like Airbnb

Satisfactory Essays
Open Document
Open Document
746 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Pros And Cons Of Having A Business Like Airbnb
The pros and cons of having a business like Airbnb change viewpoint to whomever is affected. The government sees the positive when they are able to receive the hotel taxes from the hosts, but on the other side if a city does not receive this, they do not profit from it. There are also little to no regulations made on how to handle the Airbnb listings, to consider if the listings are even legal with a city’s zoning codes. The business perspective also changes; if a business is not in the hotel business it can profit from the increase in tourism. Through the societal impacts, this can be a positive as they are able to benefit from the incoming tax revenue but also have a detrimental effect on the community.
The positives of Airbnb for businesses
…show more content…
Moreover, the government has not made regulations as to multiple housing crisis that displace residents who once had homes into the streets.
The problems that arise through Airbnb for other business is through the hotel business. For travelers who are not looking to spend a lot in staying at a place, Airbnb might be a solution for them as they do not have to pay exorbitant fees like in hotels. The convenience of the price might overrule the other assets that hotels offer, giving more business to the hosts. A smaller hotel is greatly impacted if they do not conform to the wants and needs of the customer, but as an Airbnb host does not require much to please the guest, they are able to cut down costs. Society, on the other hand, has conflicting views of the use of Airbnb. While it allows people from another city or country to experience the locals’ city it brings joy and contempt to locals. Some residents can experience disdain for the guests if they do not adhere to the local laws. There are many instances in which hosts do not state community rules and causes strain in the community. If a host does not specify these rules, such as what time to check in by, where to park, or the noise level (Morris, 2015), then the neighbors to these hosts are often left annoyed

You May Also Find These Documents Helpful

  • Good Essays

    Unit 2 E-Commerce P2

    • 773 Words
    • 4 Pages

    The e-commerce improves the business of the Hotel through their online bookings. It gives a clear idea about the Hotel . To set up a Hotel business online through e-commerce by spending good amount of money is worth for the business. The website contains all the features , characteristics and availability of the Hotel.…

    • 773 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Pros And Cons Of Renting

    • 372 Words
    • 2 Pages

    Pros and cons on why people tend to take their personal car on trips instead of renting are because of the convenience and the flexibility, with having your own car you can create your own schedule without a timetable. You have the ability to extend your vacation longer with catching on extra charges for not returning the car at its schedule time. Don’t have to pay extra fees like extra mileages, insurance, certain models, being a certain age and fill the gas back up from where you receive it. Having the wrong car for the weather you could encounter based on your destination also being responsible for what every may happen to the vehicle no matter what happens.…

    • 372 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Not able to beat competitors offering more high class atmosphere or competitors adding to their stores…

    • 1534 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    With every business although there are advantages there are also disadvantages. It could be that you work very hard and still not make any profit. If this happens it could be a big downer on the business and you yourself as the owner. It is also possible that you could make a loss. It can also be very stressful running your own business because all the pressure will be on you as the owner and manager of the business.…

    • 1349 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Three essential conditions must be simultaneously satisfied if a particular cost is to be classified as a private cost:…

    • 1393 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Lastly, some people will argue that the Airbnb regulation can have a negative impact on homeowners, travelers and the community alike. The supporters of the Airbnb claim that the ordinance will add more taxes and fees which may affect the income of thousands of homeowners who have a chance to make some extra money through short-term rentals (2). For many hosts, the money from Airbnb is the single source of income so it helps them to make their family budget. In addition, homeowners who rent their homes through Airbnb call the city has numerous ordinances to protect its residents. For example, the city of Chicago has noise, trash, parking, occupancy ordinances, and these rules only need to be enforced for all properties. Also, Airbnb operators show that their guests support local business by staying in areas, with significant spending they generated a great economic impact in Chicago, and a large number of visitors can animate the city, so it will not seems like ghost town when Chicago’tourist traffic is low (1).…

    • 319 Words
    • 2 Pages
    Good Essays
  • Good Essays

    There initiative also has business benefits. In addition to saving money in the long-term, this initiative had the potential to generate new business with government and non-government agencies, corporations, convention planners, who were interested in selecting hotels using environment criteria.…

    • 850 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The 60% council tax of Paris, 15% tax of Vancouver and the decision of Australian government to impose tax if property remains empty for more than six month are example of legal environment factor affecting Airbnb which has been imposed by government to protect domestic rental markets. Moreover, Australia is facing neighbourhood fragmentation, displacement of long term rentals, decreased supply and increased price of houses which they are blaming on Airbnb. This is another example of economic environment factor affecting Airbnb. However, the competitive environment factor of Airbnb has positive signs near Western Australia because government is welcoming foreign investors on that area due to its low land value and declining tax…

    • 458 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Airbnb is taking numerous steps to prevent discrimination amongst host and guest after being accused by several renters stating they had been discriminated due to race by the host. Airbnb has committed to making several changes including: elimination of same day relisting, non-screening option through Instant Book(ing) function, provide online bias training for hosts, and hire a more diverse workforce. These changes will be enforced for property owners/ host to affirm that Airbnb will not discriminate bases on race, religion, national origin, disability, sex, gender identity, sexual orientation or…

    • 90 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Landing your dream job, very often is a blessing and hassle at the same time. Those who decide to relocate for their dream job, or simply for a change in scenery, are faced with the hard task of what to do with their home. There are a few options depending on the time frame, condition of the house, and willingness to take on risk.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Rent Control

    • 1482 Words
    • 6 Pages

    However, in the long run, the landlords have no reason to repair and improve the quality of their house as well as adding new accommodations because the rent cannot go higher. People flock to the city to find their low price house. This will lead to increase the shortage in rental market. For example, in Washington, D.C., after imposing rent control, the number of apartments has fallen from 199,100 to 175,900, ‘and new construction has virtually ceased’ (Bandow 1990, p.327).…

    • 1482 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Airbnb

    • 652 Words
    • 3 Pages

    Personally, I feel these are changes in the right direction, but not sufficient. The business could be affected both positively and negatively: Negatively due to the host not agreeing to these changes; ultimately it is their home being rented to complete strangers, making the screening processes a need for them. Host not knowing who will be staying in their home may eventually lead to them completely leaving the company. Positively effects are mostly in effect to the consumer, no one should be discriminated against for whatever reason it may be so the ideology of being able to rent a home without having to submit to a background check, so to speak, is beneficial to all, especially those who in the past have been a discriminated against but still would like to use Airbnb services. It is my opinion Airbnb is not fully committed to these changes, they are committed to a temporary quick fix (affirmative action). Also if a host denies someone the ability they can still repost, just not the same day. This to me still shows some signs of discrimination, if you do not want to rent to someone for whatever reason they should not be allowed to repost at all. That same person that attempted to rent may later see that the option is available to others would definitely make someone feel unease and discriminated which is what Airbnb is trying to avoid in the first place. Also the percentage of future minority representation in the company is so minute, higher minority percentage should be hired. Within time I believe Airbnb will realize that it may not be enough there are two markets to satisfy: the consumer and the host, essentially they are both using Airbnb…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    If you recently purchased some property, and you want to rent that property out, you have to decide if you want to manage the property as a private landlord or allow a property management company to take care of the rental for you. Here are a few of the risks that come with being a private landlords. #1 Bad Tenants Sometimes Seek Out Private Landlords Bad tenants who have poor recommendations or spotty job histories often look for private rental listings where they will deal with a private landlord instead of properties listed through a property management company. Bad tenant target private landlords because they know that you most likely do not have the same extensive screening resources or experience that a large company has. If you choose to be a private landlord, make sure that you do not skimp out on the screening process.…

    • 518 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Procurement at Betapharm

    • 333 Words
    • 2 Pages

    Use ePass for procurement of malic acid and all hotel nights in North America and the United Kingdom…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    It is no wonder that booking hotel rooms can now be done in a more convenient way today. If a certain traveler is planning to visit a foreign place, it would be hard for him if he does not have a hotel or residence to reside in that country. Before, booking a certain hotel room required long processes such as talking to a hotelier either in person or through the phone. Just imagine the disposition of the hotelier if multiple clients came to ask questions about reservations at the same time. Through an online hotel reservation system, hoteliers and travelers will both be benefited. Hotels have minimal need of travel agents to look for clients because information about their business establishment is readily available online.…

    • 792 Words
    • 4 Pages
    Good Essays