Hotels

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January 6, 2017
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The big reason why Airbnb terrifies the hotel industry

Yahoo Finance: The big reason why Airbnb terrifies the hotel industry
Airbnb may face significant legal headwinds in some cities over its repurposing of apartments as short-term rooms-for-hire, standing accused of hurting local economies and contributing to rising housing unaffordability. But the tech company’s status as a dangerous player that could dominate the hospitality industry is as strong as ever, according to a new report....Read more
November 4, 2016
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Is Airbnb a Threat to the Hotel Industry?

US News and World Report: Is Airbnb a Threat to the Hotel Industry?
"Travelers with families used to skip going to cities like New York, Los Angeles, San Francisco or Chicago because of the high cost of one or more hotel room. Now, they will because they can find a vacation rental home with enough space and home amenities at affordable prices," Banczak of Turnkey Vacation Rentals says....Read more
July 22, 2016
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Hotels vs. Airbnb: Let the Battle Begin

NY TImes: Hotels vs. Airbnb: Let the Battle Begin
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....Read more
June 17, 2016
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The Business of Hotels Vs. Short-Term Rentals in 4 Charts

Skift: The Business of Hotels Vs. Short-Term Rentals in 4 Charts
Some hoteliers still brush off the threat of Airbnb and suggest that the short-term rental company hasn’t had any impact on their own businesses. But if new projections pan out from Euromonitor International, a London-based global market research firm, Airbnb will be the world’s second largest hospitality company in 2020 in terms of total room sales. ...Read more
February 16, 2016
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More and More People Who Use Airbnb Don’t Want to Go Back to Hotels

Bloomberg: Goldman Sachs: More and More People Who Use Airbnb Don't Want to Go Back to Hotels
Airbnb is less than eight years old, but it has already caused massive changes in the way people travel. While consumers may have initially been hesitant to try the service, a new survey from Goldman Sachs Group Inc. shows that once they switch, they don't go back to hotels. ...Read more