How Airbnb measures listing lifetime value
Publishing on Medium, Not Airbnb’s Own Site
- Multiple commenters are confused why an engineering article lives on Medium instead of Airbnb’s own engineering blog.
- Others argue the main goal is recruiting engineers, so posting on Medium maximizes distribution to where engineers already are.
- Confusion over “paywall”: some see only a dismissible signup banner, not a true paywall.
Critiques of the LTV Methodology
- Several readers say the described model is really a 365‑day revenue regression, not true “lifetime” value.
- Missing pieces called out: treatment of uncertainty, calibration, variance reduction, and how predictions translate to decisions.
- Lack of causal inference in the marketing part is highlighted as a major omission.
- Some doubt the model’s actionability and suggest the “marketing-induced incremental LTV” example is weak.
Ignoring Guest LTV and Negative Externalities
- Big concern: the framework values listings by bookings/revenue but largely ignores how bad stays cause guests to churn from the platform.
- Examples: dirty or unsafe places, last‑minute cancellations, retaliatory or fabricated damage claims, and deleted negative reviews.
- Several commenters say a single terrible stay permanently ended their use of Airbnb.
- Others note the system doesn’t let guests review hosts when stays are canceled, and social/ratings pressure discourages honest negative reviews.
Host vs Guest Incentives
- Debate over whether Airbnb really values hosts or guests more; some argue host LTV is orders of magnitude higher, so the platform structurally favors hosts.
- A host claims recent policy shifts now over-favor guests, with weak support and high fees (often cited as ~17–30%), prompting hosts to move to property-management software and direct marketing.
- Overall impression: incentive design and moderation make the reputation system fragile and easily abused from either side.
Airbnb vs Hotels and Other Platforms
- Many commenters say Airbnb has become as expensive as hotels once fees are included, without professional standards or predictable service; they are moving back to hotels or to competitors like Booking.com or VRBO.
- Others still value Airbnb’s unique, “lived-in” spaces, kitchens, and suitability for families or large groups.
- Complaints include dynamic pricing that raises rates as users browse and opaque fee structures, though some regions now require full upfront pricing.