Of tourists that is. Tourism has to be better managed to combat the rise in local tensions and concerns over AirBnB, environmental and cultural pollution and being overwhelmed by visitor numbers.
Is it too late to fight back against Airbnb?
Despite what many have dismissed as a mere blip on the radar, Airbnb is a force to be reckoned with, and we have yet to see just how widely it will impact our livelihoods.
Airbnb a niche-holder, not a hotel nemesis, CEO says
Airbnb founder and CEO Brian Chesky recently discussed the companyÕs competition with traditional hotels, and its future expansion and IPO plans. Mr Chesky said AirbnbÕs competition with traditional hotels is overstated, as it serves a different segment of travelers.
Barcelona clamps down on hotel development
Authorities in Barcelona have announced a banÊon new hotels or visitor apartments opening anywhere in that city’s center,Êcalling into questionÊthe future of its tourism and travel growth.ÊThe ban even extends to not replacing any hotels or apartments that close, with the local government calling for a better balance between tourism and the local community.
Airbnb closes $1 billion funding round with war chest for growth
Airbnb closed a funding round of more than $1 billion, valuing the home-sharing start-up at about $31 billion, according to three people familiar with the company. In December, Bloomberg first reported the companyÕs plans to increase the funding it was seeking by authorising the sale of an additional $153 million in equity. Investors include Alphabet investment arm CapitalG and Technology Crossover Ventures.
New AHLA study takes aim at Airbnb “myth” and “illegal hotels”
The American HotelÊandÊLodging Association has released a new report that examines the rise of commercial activity taking place on Airbnb nationwide, and the study reveals that AirbnbÕs business is moving even further away from true home sharing.
Airbnb expands beyond the home with the launch of Trips
Trips opens up concept of hosting, empowering people to share their interests, hobbies and passions.
Airbnb business is growing quickly among corporate travellers
Concur data shows a 44 percent user growth YOY in Q2, with increased adoption by small and midsized companies, education and technology sectors.
Cruise Line Announces Partnership with Airbnb
Carnival Corporation incentivises AirBnB hosts.
Airbnb vs. Hotels – Study reveals key consumer purchase drivers
Study reveals the consumer preferences behind Airbnb growth and details the personas and different expectations of guests who stay at each type of property.
