Execution RisksManaging services vendors to a high standard is challenging and the experiences category is very competitive, creating execution risks.
Scalability ChallengesScalability remains a key question as Experiences/Services are initially launching in 650/260 cities, which is still small relative to the 150k+ localities with active ABNB listings.
Supply ConstraintsThe current supply of Airbnb's new services is very limited, and the success depends heavily on the pace of supply rollout and property host participation.