July 20, 2016
Ever since Airbnb entered the lodging scene in 2008, the hotel industry has cast a wary eye, noting its popularity with young travelers. Despite a strong year for hotels — occupancy and rates broke records in 2015, according to the data firm STR — anxiety may be creeping into those corporate suites. Airbnb, the largest home sharing network with over two million listings worldwide, is newly targeting business travelers, the bread-and-butter clientele of hotels. Phocuswright, the travel research firm, noted that one in three leisure travelers in 2015 used private accommodations, up from one in 10 in 2011, and that 31 percent of travelers who used Airbnb in the last two years had used it for business….
Source: http://www.nytimes.com/2016/07/24/travel/airbnb-hotels.html?_r=0
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