Heads In Beds Show - Revisiting Google Vacation Rentals For 2025 - How Is This Going For Google?
Episode Date: January 1, 2025In this episode Paul and Conrad revisit how things are going with Google's Vacation Rentals search platform in Google Travel. Is the 800lb advertising gorilla taking tons of Vacation Rental m...arketshare? Or an almost-dead-fish flopping on the deck? Enjoy!⭐️ Links & Show NotesPaul Manzey Conrad O'ConnellConrad's Book: Mastering Vacation Rental MarketingConrad's Course: Mastering Vacation Rental Marketing 101Google Vacation Rentals HelpKilled By Google ProjectExample Google.com Travel SERPExample Google Vacation Rentals listing🔗 Connect With BuildUp BookingsWebsiteFacebook PageInstagram🚀 About BuildUp BookingsBuildUp Bookings is a team of creative, problem solvers made to drive you more traffic, direct bookings and results for your accommodations brand. Reach out to us for help on search, social and email marketing for your vacation rental brand.
Transcript
Discussion (0)
Welcome to the Head to Med Show presented by Buildup Bookings.
We teach you how to get more vacation properties, earn more revenue per property, master marketing,
and increase your occupancy.
Take your vacation rental marketing game to the next level by listening in.
I'm your co-host, Conrad.
I'm your co-host, Paul.
All right, Paul, how's it going? What's going on?
Well, you were one of the lucky ones who got to see me walking back from school this morning.
We thought we might be having a green Christmas this year, and that still might be the case.
It's the lovely part about Minnesota. Wait 15 minutes, it might be not so crazy. But yes, you got to see
trudging through six inches of snow, six year old. Oh, boy, it
was a it was a valiant effort this morning. I will admit there
were there's a minute of piggyback ride in there a couple
minutes piggyback ride just so that we got there on time. But I
felt a little bit like a sled dog. But yeah, it's we're in the
holiday season now.
Officially, how are you doing, sir? I will say if I could, if it's not my fingers
and be in the snow one time, and I pretty much would enjoy one time of the year,
would be Christmas. That would be the time I would choose to have the snow around and
be in a cold environment. The other three hundred and let's say 60 days per year,
I'm perfectly fine avoiding the snow and
avoiding the cold. Days around Christmas, it's good. So I actually hope, hopefully,
hopefully it'll stick around for Christmas and then your boys will get that experience. Yeah.
Exactly. Well, that's the fingers crossed moment here. So well, that's the looking at the bright
side, looking at the glass half empty is yeah, it's not fun shoveling this morning and I don't think it'll
be fun shoveling this afternoon because that's what you have to do when you keep getting snow so
yeah okay are you a snowblower kind of guy do you have the right equipment for this type of stuff or
you have to go pretty manual I do um I when I and this was the other fun part about the morning as
I was pull starting and pull starting and pull starting. Oh, she didn't turn over. So, so we're still shoveling. The snow blower I'm hoping is just a needs to
warm up or something like that. This is it does usually start hard to start the winter
here. And I probably could have, you know, checked early, but that's not how we do it.
So so yeah, so now it's it was it was I think, hour and a half of shoveling this morning.
And if I get out with another hour today, that's so be it. That's not the worst thing in the world.
And again, hopefully fingers crossed that a snowblower turns over at some point, and we don't have
to worry nearly as much about. Yeah, you got the right equipment. You know, speaking of cold starts,
I wonder if we can transition that nicely into Google Vacation
Rentals because that is something that maybe has had a little bit of a cold start.
This was an episode idea we came up with a few weeks ago, maybe at this point.
I thought it was a good one because is there anything that's gotten more awareness amongst
professional property managers and vacation rental managers than Google Vacation Rentals
that is delivered so poorly?
I would argue the only rival that comes to mind
is Marriott Homes and Villas,
which many clients are very excited to get in
and then will often notate to me or let me know down the road
that they get no meaningful bookings
from Marriott Homes and Villas.
No shade being thrown there, right?
That's just facts from whatever.
So maybe I thought the same thing
would apply to Google vacation rental.
So we thought today would be a fun update.
Where do we stand?
You know, we were here.
This is 2025 now, if you're listening.
It's probably turned over into the new year.
Hope you had an awesome Christmas,
New Year's, all that kind of stuff.
But yeah, it's now been pretty much five years
since Google Vacation Rental's launched.
I mean, technically, I guess it was more towards
the tail end of 2019.
So technically we could argue maybe the end of 2025
would be a more apt sort of five year comparison.
But it's been some time, 2019 it launched.
2021 they started showing a little bit more broadly. 2023 five year comparison. But it's been some time, 2019 it launched,
2021 they started showing a little bit more broadly,
2023 they added schema.org markup.
Again, we're recording this to tail end of 24,
you're listening beginning of 25.
And yeah, where do we stand on this thing?
So what's kind of your read of Google vacation?
What's given me your kind of like high level summary
over the last few years,
and I'm happy to give some extra notes as well.
Yeah, firstly, honestly, it was surprising
to realize that 2019 is how far back we went,
mostly because it just doesn't feel like there has been a lot of movement. It has felt like a cold
start. It has felt stagnant or that things haven't progressed as quickly as it is. We have the
clearest comparison of an Airbnb. I mean, look at what Airbnb has done since the end of 2019 to 2024, 2025.
Now look what Google Vacation Rentals has done over that same period. Yes, I will certainly
admit that Google has some other focuses that they're working on, whatever that is. But
what I keep coming back to is that they keep hyping this up. I mean, if you were listening
in on the Google Marketing Live stuff, one of the first things they referenced really is they were talking about some of the AI, talking about, I think they were still
talking about Gemini at that point, but they were referencing things that would clearly
kind of fold into the travel experience and really kind of how that machine learning and
how that AI can build into that.
And we've just seen so little follow through, so little delivery.
I mean, if you're not using some of these integration providers, you're probably not even
using Google Vacation Rentals. And we have, we've talked about it that there are some nice things.
We talked about the schema markup. There seems to be some clear power there, but you also have to
do a lot more of the work behind the scenes. So I don't know. I don't know if the whole Google travel ecosystem is still more built out for
hotels. I mean, it clearly is because that meta search is a little more established and then we
can go down. That's a whole other episode discussion there, but it has fallen flat on the hope that a
lot of us as SEO people, as marketers, as people who understand
how the power of Google, it just hasn't delivered there.
So I mean, certainly fill in any notes there, but yeah, it's lackluster.
It could be so much more.
We've got some examples even here from how Gemini is trying to help plan the trip planning
process and it's not.
It just defaults so heavily back to hotels because that's where Google has all the inventory.
So we can beat that a little bit here.
But you have more people who are actually trying to tap into this and your individual
clients have certainly tried to get more value out of this.
Where have you seen, have you seen any successes?
I mean, it is, I don't want to be all fail, fail, fail, but have you seen any success coming through?
I think the best example I could point to is a modest success, a modest amount of reach. That's the best I could do, basically.
I think we maybe have a few clients who are integrated through their PMS provider. I think OwnerRes is the one that we seem to have the most
positive feedback towards. Like, hey, owner has got our integration with Google Vacation
Rentals Live, it's working, and we're getting some level of bookings from Google Vacation
Rental specifically through the owner as integration. So that's one I could point to. But
I can't think of anybody who said it's more than 5%. Let's say maybe 5% is the ceiling,
and the floor is zero, literally. Like, we have people who are like, hey, I went through the work,
I got it integrated, and I literally haven't got a single booking through Google Vacation Rentals. And this is not over a month
or two months. This is over like a calendar year or something
like that. They haven't got any results from it. So yeah, I
mean, 2019, to be fair, that was the launch. It was part of
Google Travel back then. In the search results, though, it was
more like 2122. So maybe we're being a little unfair, you know,
by saying, Hey, right, sure, it was less prominent. But I mean,
now, if you do pretty much any vacation rental related search
on Google, you see the vacation rental block in the search results.
They used to be pretty limited
to just the core vacation on terms.
In fact, there was a while where it was not showing
for cabin rental terms.
I had a client who was like,
oh yeah, we're getting away with it a little bit longer
till Google figures out that cabin rental
and vacation rental are basically the same thing.
And then of course they figured it out
and now it's showing on those blocks.
But it's interesting because like you said,
they added all the support. This sounds like a simple thing. But
we're doing the research ahead of time in advance of today's
episode. And despite the fact that you can, in theory, give
Google the right markup on your website, you don't need to,
quote unquote, need to technically use an integration
partner. It doesn't matter because you still have to fill
out a form with Google and say, Hey, can you please place me
into this, you know, into the system or into the Google
vacation rental block? And I'm assuming they, you know, into the system or into the Google Vacation Rental Block?
And I'm assuming they, you know, are going to approve and deny people based on some criteria
of which they haven't published or let be publicly known.
So it's hard to know exactly what that is. But just think about that for a second.
So if you're trying to grow the user base of a product or of any sort of software application, anything,
you're going to make it as easy as possible for people to onboard into that product.
Google has not done that. Google has had something where it's like, hey, we're going to make a list of integration partners, that integration
partner list. You're going to have to use their stuff. You're going to have to use their checkout
pages in some cases. Or hey, you can do the markup, but then you're going to fill out a form. And then
who knows if that form is actually going to go anywhere. And my feedback on that form has been
that it hasn't gone anywhere. I don't know who it's going to, but I filled it out before and just
never heard anything back. I never even got an email email saying like, we got your form, you know, which is kind
of like a best practice, you know, type thing in my experience for other things.
So yeah, it's, it's a, it's not a growing platform and it's hard to look at the
success today or the lack of success today and feel like they're going to figure it
out. In fact, this was just one thing I was doing when we were trying to figure
out exactly when it launched, you and I weren't exactly sure.
So we had to go back and research and we found some lovely articles from the
folks over at skiff.
So credit to them because they deserve the credit for this.
But we, I did this out of curiosity.
I started searching the names of the people who are in the press release or like
in the media in 2019 and not a single one of these people, we don't have to
name names and we're not trying to slam these people, but not a single one of
those people is still working on the product at Google.
In fact, a few of those people aren't at Google at all anymore.
They're at other companies.
And then a few other people are reassigned to other divisions inside of Google.
So it kind of reminds me a little bit, this is a strange comparison maybe. So but follow me through
it. It kind of reminds me of what's happening right now. Flipkies eventually, I guess it's going to
get folded away and just put back into TripAdvisor rentals. But at one point, Flipkies was a thriving,
growing OTA platform for the vacation industry. I'm thinking back to VRMA, I feel like this would
have been 2016, 2017, maybe somewhere in that range, where Flipkies had a bunch of integration
issues and property managers were there with pitchforks in New Orleans at the VRMA event
saying, I'm really upset you Flipkies. You're making mistakes. But we can laugh about it now.
At the time, there were people really pissed because there was double bookings and there was
stuff going on. And it was 100% a Flipkies fault. But think about that awareness and the fact
that customers were mad proves that they were getting a lot of bookings from Flipkies. And we
had customers, we had clients we were working with back then. This was when I was at the last agency
that were getting 20%, 25% of their bookings through Flipkies. So it's not an insane thing to
say these listing sites, some of them just don't seem to have the same staying power or OTA platforms
or what do you want to say, don't seem to have the same staying power as the big three. Now,
I think we've kind of settled in now on this big three, we've got Airbnb, Verbo, and Booking.com,
at least here in the US and North America, maybe we could say broadly. So Google just hasn't been
able to crack any meaningful market share. And in theory, they have high-in-trend traffic coming in,
but they don't have the inventory. They don't have the right listing showing up there. It's
too tricky to get on board. It's too tricky to get everything in the right place there. And to
your point, Google doesn't even know what to do with the data. They kind of have a part of it, some of it, but all they
do is just default back to hotels when you're using their new AI or, you know, LLM tools. So
I don't know what the solution is, but I know the solution is making it easier. Part of it is making
it easier to put your properties in there and then getting more, you know, sort of adoption and use
case for people actually going and browsing listings. And then they can start from that point.
That's my take on it. Maybe you have some other thoughts
as well.
I mean, it is I think that the you know, we go through that list of partners and that
that is the first step. I mean, you can put all the schema on there that you want, but
the Google is very explicit in saying this is after you've reached out to a partner or
done something like that. And again, to the coming give credit where credit is due. They
have there are some partnerships out there that are recognizable names. And again, to the coming give credit where credit is due. They have there are some partnerships out there
that are recognizable names. I mean, rentals United is here.
owner res is here. We just talked about that. Next packs is
here. Lodgeify is here. I mean, these are some names that are
fairly recognizable host hostify host fully host away I think
the hospitable all those big H's are all there. I think Mark
Simpson just did his his little recap of the last year.
And when you look at the top four integrations that he has coming through his websites, the
Hostaway, Hospitable, HostFully, and I think Guesty were his top four.
So volume-wise, they're picking the right integration partners.
And I guess my, we'll say, well, the inside pool there is probably that they're relying
on these PM companies to push more of the Google side of things.
They're not selling it hard.
And they're not, you know, where we get the calls every day on Google ads saying, hey,
can we update this?
It looks like your campaigns just aren't running as effectively as they could be. Sure, fine, whatever. I get that. But I've never had anybody reach out and I don't know if this is happening on the PM level, talking about, hey, you're a vacation rental company. Why aren't you or you're using HostAway? Are you using hospitable? That's something that if I were Google and listen, please, I mean, I would love for them to listen to
this, have those team members that are right now reaching out to your inactive or less
than active or less than optimized Google ads accounts, have them reach out to these
PM partners because I certainly think that that is a more effective way to maybe dive
deeper into this space.
I would say they're going to continue to struggle until they
get the inventory. You're not going to get the inventory unless you get people connecting up
somehow there. So whether it's a cost thing, I don't think it's a cost thing because that's not
what I... It is. That's the ears on the ground. That's not the problem. It's either my PMS doesn't
support it or it's too difficult to do it. The process is too difficult. It's either my PMS doesn't support it or it's too difficult to do it.
The process is too difficult. It's too technical, whatever it is. And it is. And if you're someone
trying to go about it on your own, then you have to reach out directly to Google and you
have to do the work. So the overall value of the information that they're trying to
present, I mean, look at the categories that they're giving you the opportunity to
present right on your listing apartment bungalow, cabin,
chalet, cottage. I don't get geet.
Okay, usually converted cottage or barn. That's the geet. Excuse
me. But I can remember going back to resorts and lodges
writing about all these different
accommodation types. So I know people are doing the searches for these and the fact that Google
is giving you the opportunity to present this information, air quotes, giving you the opportunity,
we could give travelers such a more robust travel planning experience. So maybe that's not going to
be in the front end. Maybe it's not going to be in Google travel. Maybe it is going to somehow be in some type of
AI configuration in Gemini, in the newest version of the more conversational Gemini.
I don't know where it is, but we know that this is a huge area of... It's just, there's
too many searches taking place. I mean, we thousands, tens of thousands of millions of
searches taking place for vacation rental related
keywords, Google's not maximizing that. Or maybe they
are. Maybe they're happy with the 20 bucks a click 15 bucks,
something like that.
I was gonna say, I'll push against you a little bit in two
respects. And we talked about this in our outline. In Google
terms, this is not meaningful. In our in our bubble, this is
no, it's what a Google terms is not meaningful. In our bubble, this is meaningful.
But in Google terms, it's not meaningful. And I think that what you're describing of why haven't
they built the infrastructure or the teams or the support to be like, you know, why is there any
reason that Google Vacation Rental shouldn't have a booth at a VRMA event or at a Darm event and be
there and saying recruiting inventory. I think from a logical business development standpoint,
you're spot on. But I think from a Google perspective, it's like, does that move the
needle for us? Right? Like Google, Google does so much revenue, like they
look at that and they go, and maybe the argument I can make here is the fact that they haven't
monetized it was actually its death wish. Because by not monetizing it, they made it where they
couldn't justify any headcount or any investment into the product or into, hey, let's get more
integration partners, let's figure out how to scrape more, you know, Google vacation rental
listings and put them in the platform, etc, etc. By doing that, they actually choked it because then they can never
justify making the investment, right? So back to my Flipk and TripAdvisor example, Flipk was
obviously crashing and declining and an insignificant amount of TripAdvisor revenue. So they said,
let's just get rid of it. It's not worth it anymore. Which is again, funny rewind the clock. And it was
a meaningful amount of revenue. I can make the same case that someone inside of Google travel,
there's some head of Google travel, they go, we want this product,
there's a reason they haven't killed it. But I would I would not be surprised at all if
it did get killed, because it doesn't make any money. So at this moment, it's more of
an anchor tied to the leg of Google travel than it is this thing that's, you know, making
a meaningful difference. So maybe what this this in my mind would be the first sign is
they test removing the block from the search results, right? You know, it's not that they're
not gonna kill right away by doing that, but it's like,
ooh, that's gonna put a, you know,
a significant less traffic coming into it.
We'll leave the tab on the google.com slash travel,
but we'll take it out of the search results
when you do a search for Destin Florida vacation rentals
or San Diego vacation rentals or whatever the case may be,
which maybe that's me hoping that that happens,
maybe, you know, a little bit, right?
Cause then my number one quote unquote,
number one ranked clients would start to do a little bit
better in Google search as with pretty much anybody else.
But that will be a sign in my mind that it's not there.
So that'd be my take on it is that by not monetizing it on the surface, that sounds
good.
Oh, Google is going to give me free traffic.
I'm going to put my inventory in there.
It's right in the top of the SERPs.
Of course, like that all makes sense on paper.
But the downside is that now they can't make any business case for investing in it because
they're not driving any revenue off of it.
Whereas hotels, they make significantly more revenue and it's much simpler problem set.
Well, and I ultimately think there that, I mean, we know where the hand that's feeding them is.
It's booking. I mean, it's Expedia. That's where six to $7 billion, I mean, that was three or four
years ago, could be $10 billion. That's a lot of revenue to be coming in. And even on the meta search side of things,
it's an interesting play on the hotel side, seeing those excessively large numbers of bookings coming through in that area. At that point, it does make sense because at that point, the individual
hotels themselves are bidding against an Expedia, are bidding against the booking to get their own,
just like we see now, the results of the example we have in the screenshot is hospitable. That's
the booking engine where you're seeing, but it's the official website where you're taking that
booking. Well, when the Expedia and booking are going against that base website, your branded
website, and you're doing revenue management properly, yeah, there's
going to be, there's going to be that bill is going to be a little lower on the booking
side of things.
And it's going to be a little higher on the individual advertiser.
And let's face it, you've got a little more consistent money coming through from booking
and Expedia.
And I'm sure they're calling collections for some of those other advertisers that it is.
I get the business practicality of it, but it's still, I think at some point along the
lines people are going to expect more.
It is.
And maybe it's after who knows what the fall of, and those heavily air quoted fall of Google
looks like it's not happening anytime soon.
But as pieces do get pulled
off, I think travel could be a standalone product of some kind.
So maybe it doesn't have to be, maybe it's not under the alphabet umbrella or maybe it's
absorbed somewhere else.
But I think that the search results aren't getting better.
So some type of experience on Google has got to get better for people to continue to use the search engine because in 2025, I think you're going to see a lot more discussions in the search engine journals and search engine lands and search engine watches of what is that user habit?
What is that user behavior? I mean, do we see more of a shift away from the 90% search impression share? Does that go down to Does the market share dip below 90% for the first
time in a decade? Where does that actually happen? And what types of searches are beginning to go
down? Because that is going to tell us who's giving a better experience. I don't think Chat
GPT is giving a better travel experience. I don't think anybody's really... I mean, Airbnb is giving
the desired experience, but I don't think it's a better experience by any means.
So it's kind of a fun looking forward type of episode as well of, man, I hope Google
Vacation Rentals is something that is more beneficial, that it's more than 1% of revenue,
that all of these things, all the KPIs that are driving a better outlook for the product
itself, I hope those are positive, but we can draw back
and see why the struggles are there right now too.
Yeah, and I think if you're a property manager,
the thing that should scare you the most about Google
is not like the, so there were some hot takes
at the Darm conference, oh, Google's dead.
It's gonna be such a slow, slow, my take on it,
this is, if I could do an analogy,
it would be that Google search, the product, is a glacier. And it's more like this global warming phenomenon where it's like, Oh, we're
probably on a bad track right now if you're a Google, but it's also like we're a glacier
and like we're losing 1% of our surface area every year. But the good news is guys, we've
got 98% surface area, you know, into the most valuable queries. And is this really going
to make a super meaningful difference in 2025? Probably not in 26 probably not. I don't know,
time will tell, you know, because like Google is trying to Google you could argue is almost
cannibalizing their own business with using Gemini and stuff like that, because there there's no ads
in there. I think you're a fool though, if you assume that these large language model tools are
going to replace search, and they're never going to have any ads in them. So the experience you
have today is probably not the LLM experience you're going to get, you know, let's say 10 years
from now, let's let's look way ahead. If you're using search dbt or perplexity or some of these things, you're going to do a search results are going to come back. And it's going to, you know, let's say 10 years from now, let's let's look way ahead. If you're using search dbt or perplexity
or some of these things, you're going to do a search results are
going to come back. And it's going to be you know, there's
going to be ads in there, right? They got to monetize that
traffic. In fact, generating a result on an LLM is
significantly more expensive than generating a result in
Google, Google has caches results where you're going to
referencing them, Google's bringing up a cache version of a
page or search results, you know, much more quickly, and
they're not going and generating on demand, you know, based on your query,
what the actual response or website should be, which is what
these like LLM based search engines do. So again, if if a
switch was slipped tomorrow, Google 301 redirected to search
dbt.com tomorrow, let's just say to a different product, and
open AI had to pay that bill, they could probably pay it
because they got Microsoft behind them with billions
dollars. But yeah, long story short, that is not the optimal way that
most people use the web to a lot of us. And there was a study about this
recently, I saw the other day on LinkedIn, where it was like, so much of
Google search is navigational. It's like you're going to Google and you're just
searching like, you're just searching like, Gmail login, or people are just
searching like Facebook login, or they're searching for, you know, Nike
clothes, and they're just going to the Nike website. So a good chunk of Google
search is basically just like not really providing any value. They've always been skimming the
brand, you know, advertising spend out of there. And that's sort of a hot topic that we could say
for another another day, because it does work. And I wish we didn't have to run branded ads, but we
do. Because if we don't run them, someone else will come and take that traffic from us. But yeah,
how much money is Google made since, you know, let's say, over the last 10 years of just people
having to bid and pay Google to get traffic on their branded keywords,
a heck of a lot, I would assume, you know, in the billions of dollars if you look collectively across, you know, all the different
industries out there that are paying for branded Google ads. So yeah, it's, it's, it's, uh,
I don't think there's reason to think it's gonna get better because I don't see anything in this coming year
unless they just massively start to invest the product that's gonna make it, you know, make it better.
So you add on some of these points, I just want to like recap,
maybe someone here has not used this product
or hasn't used Google vacation rentals in some time.
You mentioned there's different types of units
that you can list there.
There's a decent support widget
or article section, I will say.
There's eight support articles
that tie into Google vacation rental.
We'll put some links in the show
so people can check this out.
The one thing that I want to do some more research into
is this brand support.
So I'm trying to figure out how I can do that. I have a client who has that hotel center access,
but I'm trying to figure out how I can get into there and see what's going on. So in theory,
you could make the branding of your actual listing on the Google Vacation Rental product
a little bit stronger. So I'm kind of curious what'll end up happening there.
In this section, they give feedback and guidance on best practices. So this is good to hear from
Google, recommended resolution of a photo 2448 pixels wide 1366
tall, keep the image under 10 megabytes is what they say, which kind of blows my mind,
we try to keep images under like 100 kilobytes, not 10 megabytes. So that was kind of weird
to see in their like best practices. And then they give some best, you know, here's how
you should include or not include people brightness, you know, photos, all these kinds of things.
So if you're looking to learn more about like the Google Vacation on a product, I think
that we can put some links in the show notes. But yeah, my take on this is
just that like, I don't think it's gonna get better. I don't
believe that there's reason to think that 25 is going to be
stronger. If anything, I would say it's more likely to end up
on killed by Google.com. We'll put a link to that in the show
notes with this idea. And I do that sort of ingest and just
sort of joking, but also realizing that killed by
Google.com reminds me that they can be this large platform
that has all this reach in theory. And they've Google has taken a lot of swings and misses
like there is there a reason that Google circles or you know, like the original version of
Google plus should not have worked like it should have worked. They have all the users
they have all the traffic, they couldn't get it to work. You know, is there not a reason
that some of these things like Google created a gaming service, I'm just looking at the
homepage of killed by google.com right now called stadia. I think it's how you say it's Dada. Yeah. Um, three years,
you know, it lasted 2019 to 2022 and they killed it in 2023. So they had, they've created
literally hundreds and you know, a hundred, 200 plus products that have ultimately ended
up being, you know, moved on from killed, you know, and not proceeded with. And it's
because honestly, none of these are meaningful to the business. If these were all existed
today is Chromecastcast gonna make the difference
between Google making or breaking this next quarter?
No, it's search ads, dude.
Like that's where they make them bulk of their money,
search ads, and then they make a non-insignificant portion
now from like cloud services, like email hosting.
There's a few other things, obviously, they make money from.
But even like YouTube, it's just wrapped up in advertising.
It's an advertising platform.
And then they make some revenue from people paying
for premium just because they don't wanna see ads, right?
The only reason they're paying for premium
is they don't want to see ads. So it's like the money that's they're charging there is
just a way to bypass what they don't want to see, which is advertising. So that's kind
of my, my take on this. Go ahead.
I mean, even think about, and it's that thing we tie a bow in here, but think about reference
hosting services. I mean, they just handed over, I think, was it 25 million domains? They just
handed that over to Squarespace and said, no, we can't manage this anymore. We don't want to
manage this. I'm sure there's a lot of technical infrastructure that it takes to manage all that.
I wouldn't even begin to understand that. But how many customers do you think they have?
How many customers does Google domain have, right? In the hundreds of thousands, maybe millions of
customers? Yeah, millions, guaranteed. And that's right. And it seems and that seems like a pretty,
I'm sure it's the tech that got them there. But the margin on like just having people buy domains
to you and just hosting and supporting that, that seems like it would be pretty, you'd be making
pretty good money there. So I mean, there are far smarter people, I hope,
that are doing things at Google and that are making decisions at Google. And, and now I
don't think that they're doing it for the greater good. They're doing it for profit,
just like everybody else. And we don't live in an altruistic world where it is. I mean,
that's the reality. It's I love the altruistic world that the idealistic world I live in an altruistic world where yeah it is. I mean that's the reality. I love the
altruistic world, the idealistic world. I live in that world a lot I think sometimes, probably
more than I should. But the reality is this is business. This is still a business and Google
still understands that this is where the revenue is going to come from. We can't jeopardize that
and the decisions we make regarding subproducts that aren't search are going to come from, we can't jeopardize that. And the decisions we make regarding sub products that aren't search are going to just,
you know, be a decision tree off of that.
They are not going to be standalone vacation rent.
Google vacation rentals is going to drive us all the revenue we need going forward.
Yeah, we're going to happen.
Well, let's think about it this way, just just as a way to set the context up.
And this is I'm doing some quick Googling here.
So my numbers are if they're wrong, then we can correct in the show notes. But according
to Investing.com, Google will end 2024 most likely with $278 billion in pipeline revenue,
which is just an unfathomable number. The entire vacation rental industry is maybe $100 billion.
So Google in six months does more revenue than the entire worth of the entire
vacation rental industry is period.
And we're however many years into this, right?
So again, that's just in context,
the grand scheme of things,
how many advertising dollars are spent by Airbnb broadly,
and then even Airbnb on Google,
like they're the big dogs in the pond.
And at the end of the day, Google likes the revenue,
I'm sure Airbnb gives them,
and Booking gives them, and Expedia Group gives them.
But if they all went away tomorrow,
their revenue would be impacted, but it wouldn't be that
meaningful. And those are people that outspend, you know, the
small business owner even collectively by a factor of 10
to 120 to one, if we added up all the small businesses, and we
compared them to the budget that Airbnb has just for Florida, or
just for Texas or just for South Carolina, right, you would, it
would actually, you know, pale comparison, right, available
comparison. So it's interesting, you know, I guess what the let's call this a bit of predictions comparison, right? It would pale a comparison. So it's interesting.
I guess, let's call this a bit of predictions episode, right? I predict that this will not probably get stronger in 2025. Maybe we could do a little revisit a year from now if that appeals
to you and see kind of where we're at here. Or if they kill it, then we can do, ah, I gotcha.
We got it.
Which is good. We got that all on a recording there. So yeah, that's it for today. Like I said,
people might be listening in the new year.
So if that's the case, then hope you had a Merry Christmas.
Hope you have a happy new year.
We appreciate you if you're listening in.
One little gift that you can give us,
hopefully there's something that's not gonna get killed
this year, maybe like Google vacation rentals will,
is our need for more reviews.
So go to your podcast app of choice, leave us a review.
We appreciate that.
And then we can keep going things
and make things even better and more awesome in 2025.
Appreciate you.
We'll catch you on the next episode.
Thanks much.