February 2, 2016
LOS ANGELES–Airbnb’s influence is growing, and leaders of the world’s largest hotel companies are starting to address the competitive threat. According to a new study by CBRE Hotels’ Americas Research, travelers spent $2.4 billion on Airbnb lodging from October 2014 to September 2015. While that is just 1.7% of the $141 billion generated by hotels, it’s a significant jump from the same time period the previous year….
Source: http://www.usatoday.com/story/travel/hotels/2016/02/02/airbnb-hotel-industry-threat-index/79651502/