Millennials Prefer Hotels Over Airbnb

A new report shows millennial travelers prefer hotels over Airbnb. The report, from Resonance Consultancy, collected the opinions of 1,500 travelers and recorded their preferences from hotels to timeshares to apartments and luxury resorts.

Despite Airbnb’s surging popularity — and fear from some hoteliers that it will put them out of business — around 52 percent of millennials surveyed said they regularly or occasionally used services like Airbnb, but it’s not their preferred accommodation type. Airbnb’s home-sharing service expanded to 65,000 cities, but just 23 percent of millennials said a short-term condo or apartment rental was their preference on vacations.

“Findings in the 2018 Future of Millennial Travel Report are contrary to the prevailing belief that hotels are in trouble with younger travelers who prefer home sharing,” said Chris Fair, president, Resonance Consultancy.

They preferred hotels, resorts, luxury resorts and staying with friends and family over Airbnb.

The report notes that, “the most-preferred accommodation type cited is a full-service hotel or resort. As in: a business with many rooms, a lobby and someone to speak with in person immediately if there’s a bachelor party next door or your key doesn’t work.” Staff availability was important to these travelers.