Airbnb is rethinking experiences, again

The company’s pause in onboarding new experiences has raised questions about its long-term strategy

After a pause of Experiences of almost two years during the pandemic, Airbnb’s relaunch of Experiences in 2022 didn’t go according to plan as the company said in a statement this week that it is now “perfecting its core services,” including Airbnb Experiences.

Key takeaways

• It looks like Airbnb has already “dumped experiences” since it is nowhere to be found on the homepage, not in filters or in the footer;
• Airbnb in 2020 calculated the total addressable market for experiences at some $1.4 trillion, just behind its accommodation offering, although many questioned the company’s ability to build a profitable tours and activities business;
• Bernstein analyst Richard Clarke suggested Airbnb might be preparing to unveil a business to business approach, similar to Viator’s partnership with TUI Musement and Expedia with Get Your Guide.

Get the full story at Yahoo! Finance (Skift)