Why companies like Uber and Airbnb are still struggling
More than half of American adults have never heard of Airbnb, according to a new survey by the online travel company.
And as the travel site’s stock continues to plunge, more than half say they want to try it, according the survey by TripAdvisor.
“There’s a lot of excitement around the tech and tech-savvy side of travel,” said Ryan Clements, chief executive of TripAdvisors.
“It’s not a luxury for the masses.
It’s a tool to meet new people.”
The survey found that 73 percent of people who said they had never heard about Airbnb were women, and the percentage of men was roughly equal.
That makes it particularly appealing to millennial men who are increasingly turning to travel, as well as to younger, more tech-focused millennials who are trying to make their first trip to a city.
The study found that 71 percent of those who had never tried Airbnb said they were likely to return to a similar city, a level of familiarity that is higher than the 73 percent who had previously heard of the company.
Airbnb is now valued at more than $1.5 billion.
TripAdvisers, the online trip booking service, estimates that there are more than 2 million Airbnb listings in the U.S. in 2018, up from 1.2 million in 2018.
The survey also found that only 22 percent of U.K. adults said they knew someone who was a registered Airbnb user, compared to 54 percent in the past decade.
The percentage of U of K adults who had ever used Airbnb jumped to 24 percent in 2018 from 15 percent in 2015.
It is not the first time Airbnb has seen its stock plummet.
The company has faced scrutiny in recent months over its handling of a fire that swept through a residential property in Los Angeles.
Airbnb has said that the company is trying to keep the building safe and that it has already moved more than 1,000 of the homes in the building to temporary rentals.
Airbnb also faced criticism for failing to respond to a fire in May that killed a man in San Francisco, and its own video that showed a man sleeping on the floor of his apartment.
The video, which has since been removed from the site, was released by Airbnb and included footage of the man sleeping in a park in a city that has recently experienced an influx of tourists.
Airbnb said that video was “inappropriate, inappropriate and disrespectful” and that a separate video that was not released, showing the man being escorted out of the building, was inappropriate.
In addition to its recent issues with safety and safety-related issues, Airbnb has faced growing criticism from cities around the country, including Seattle, New York, Portland, Oregon and Seattle, Washington.
Airbnb’s stock has lost more than 4 percent in value since the beginning of the year.