People who booked on Airbnb after July 30 will have their transactions canceled and refunded.
On its homepage on May 24, Airbnb announced that it would stop doing business in mainland China. “In view of the challenges of the pandemic, we have considered and made this difficult decision. Airbnb China will focus on the overseas booking business. From July 30, we will stop supporting support. domestic bookings,” wrote Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb.
Airbnb will only support Chinese guests to book rooms abroad when they want to travel internationally, and close domestic guest services from the end of July. Photo: News Vex
Accordingly, domestic guests cannot make reservations on this platform after July 30. Business households will not be able to receive guests from July 25. For bookings made before May 23 and planned to stay after July 30, Airbnb will issue refunds.
Two reasons why the US room-rental platform has withdrawn from the Chinese market is the fierce competition of domestic competitors such as accommodation-sharing platform Xiaozhou or Meituan Homestay. The second reason is the government’s strict disease prevention policy, restricting entry of visitors.
In addition, in China, privately owned homes that rent rooms online find it difficult to compete with high-end resorts and hotels. That means people often prioritize hotels over homestays or ordinary homestays. “I only received one booking through the Airbnb platform last year. Guests complain and they expect to be provided with the same services as staying at a hotel, instead of doing everything themselves like when renting a room on Airbnb.” , a person has a shared rental apartment.
Earlier, British insurance company CIA Landlords said Beijing was one of the least profitable cities for Airbnb owners. To be able to recover capital, these owners need to be in business for more than 10 years, or at least need customers to rent rooms for 3,771 nights.
Founded in 2008 as Airbed & Breakfast by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, the Airbnb startup turned the hotel market upside down with the idea of sharing rooms in a house with strangers. Gradually, Airbnb expanded into offering rentals of entire apartments, houses and hotels, as well as travel experiences.
Mr. Minh (Follow SCMP)
at Blogtuan.info – Source: vnexpress.net – Read the original article here
