![]() Someone even booked it for 35 days, he said, adding: "Meanwhile, you have people in the Airbnb community who can't get anyone to book their listing to save their life, so I felt validated in my crazy pursuit of a far-out, groovy Airbnb." His guesthouse has been fully booked since he listed it in January 2023. So far, it's been worth the time and effort. Seattle-based real estate investor Peter Keane-Rivera turned one of his units into 70s-themed Airbnb. It took three months and about $11,000 to finish the project, he said. He designed a 70s-themed " Far Out & Groovy Guest House" in late 2022. Keane-Rivera, who owns property in Seattle, told Insider he was aware of the challenges many short-term rental owners were facing, but rather than let them deter him, he thought, "if I can make it in this tough, hard, competitive Airbnb environment, then I can make it anywhere." ![]() They both started listing on Airbnb within the past year. Two hosts who are experiencing more of a boom than a bust include real estate investors Avery Heilbron, 28, and Peter Keane-Rivera, 30. ![]() As a result, they are seeing their earnings plummet. Many hosts are facing empty booking calendars and stiff competition. Vacation rental bookings started slowing down in 2022 and we've since entered an era coined 'Airbnbust.'
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