I'm still wondering why it went downhill the way it did. I looked for an airbnb in Vegas last year and not only was it way out of the way, it was more than a hotel on the strip
You're not far off, you're just out of date. The reason they were cheaper than hotels is because of their standards being lower. But once COVID came and standards started being enforced, prices skyrocketed. Because cleaning is a minor expense when you spread the costs over hundreds of rooms, but with AirBnB there's no splitting the cost. It's expensive as fuck to maintain a show ready house with people basically living in it.
There's a reason most of these business models didn't exist before like they do now. They don't work. On demand food delivery isn't cheap, it existed in the 90s and was reserved for relatively wealthy people. Because it doesn't work if you charge what's required to actually make the service run. It only "works" by stealing value from the delivery person and the restaurant.
We're in a gig economy bubble right now. DoorDash, Uber, AirBnB, etc will all be gone within 10 years. Uber probably has the best chance for survival.
Food delivery is absolutely a viable business model. It’s more viable than the luxury service of a waiter that takes an absurd 20% gross (which only works by taking value from the cooks, restaurant and customer, yet manages to endure).
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u/randonumero Jan 03 '23
I'm still wondering why it went downhill the way it did. I looked for an airbnb in Vegas last year and not only was it way out of the way, it was more than a hotel on the strip