Airbnb powers ahead
New York City – 13 December 2016
Use of Airbnb is growing faster than industry commentators predicted, with hotels the main losers in the new accommodation war, hotel technology site Tnooz reported.
A large survey and follow-up analysis by global financial services giant Morgan Stanley says that Airbnb penetration of the accommodation sector is hitting somewhere in the region of 18-19 percent, up from 12 percent last year.
This marked increase in the space of just 12 months is being felt in both leisure and corporate travel, with nearly a fifth of both types having being hosted by an Airbnb member.
Although growth … Read More