How Airbnb Has Become the Company People Love to Complain About

A listing in Wanaka, New Zealand.

Hi, it’s Lisa Fleisher in Dubai, your Middle East luxury correspondent. I have a confession to make: I often get asked which are my favorite hotels by GMs, CEOs and financiers behind some of the fanciest properties in the world. And I have to sheepishly tell them, actually, I haven’t personally stayed in many; I’ve always been an Airbnb kind of girl.

Originally, it was for budget reasons—and that was long before room prices shot up to today’s rates. (We just published a list of the cities where prices will jump the most next year.) When I lived in London a decade ago, my then-boyfriend and I could hop over to somewhere in Europe for a weekend, stay in someone’s apartment and explore the city.