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The Clark Howard Podcast

06.02.21 Travel Plans: Save on lodgings / Doctors' orders - Take your vacation.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 2 June 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Airbnb is in need of hosts. The original idea was to save money. But now, 1 out of 4 stays are a month or longer due to remote work capability, driving the average cost of an Airbnb stay up 35%. How to flex with this environment and save on lodgings this summer. / Vacation & work/life balance is seriously vital to health. A new WHO report details how excessive work is literally killing people. Many are working themselves to death. Use your vacation! You’re better at what you do when you get enough rest, mentally & physically. Ask Clark topics include: Google Flights / Customers Fight Airlines For Refunds From Pandemic Cancellations : NPR / Clark Howard: Here’s My Experience Selling a Home With an iBuyer / What Is an HSA Account and How Does It Work? \\ Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show, our mission to serve and empower

0:10.9

you to make better financial decisions in your life.

0:15.3

In today's episode, I know a lot of us are making travel plans.

0:20.0

There's some news on saving money on your lodging I want to share.

0:24.4

And later, speaking of travel, are you taking your vacation time?

0:28.6

Do you know it may be vital to your health and your well-being?

0:34.2

So speaking of travel, Airbnb is begging for additional hosts.

0:42.7

They've got so many people coming trying to book properties right now that they see

0:47.8

money on the table that they're not getting because they just flat out don't have enough

0:55.5

listings.

0:56.5

To give you an idea, how severe it's been, the average cost of an Airbnb stay is up 35%

1:06.8

in the last year, 35%.

1:11.2

The average rate per night for an Airbnb, according to the Financial Times, is now $160.

1:23.4

Just dial back in time.

1:27.2

Airbnb used to be all about saving money versus staying in a hotel.

1:36.2

That's what created its initial popularity.

1:43.9

This is something that has been absolutely turned on its head because there's been a change

1:50.1

in the nature of use of Airbnb and VRBO properties.

1:57.6

So get this one out of four stays in an Airbnb or a month or longer now.

2:08.0

No longer three nights away or whatever because of the people who work in office jobs who

2:15.9

have been able to work remotely.

2:18.2

They've decided, hey, I can't go work anywhere.

...

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