The big reason why Airbnb terrifies the hotel industry

Airbnb continues to completely eclipse the hotel industry’s most prominent names with over 3.1 million available rooms for travelers and vacationers. The tech giant is projected to continue to outgrow hotels with its supply in the coming years. Mid-scale hotels seem to be at the greatest risk of being overcome by the home-sharing economy’s growth as Airbnb and similar short-term rental companies are increasingly the preferred option for guests who book extended stays.

Source: The big reason why Airbnb terrifies the hotel industry

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