A new survey from Clever Real Estate attempts to understand Airbnb’s impact on the hotel industry. The brand surveyed 1,000 Americans who used both Airbnb and hotels in the past 12 months to learn their preferences.
Currently, more than 2 million people stay in an Airbnb every night, and Airbnb is quickly becoming a preferred method of accommodations among travelers — particularly for those who try it once. A Goldman Sachs study said, “If people have stayed in peer-to-peer lodging in the last five years, the likelihood that they prefer traditional hotels is halved (79 percent vs. 40 percent).”
Why is this? Clever Real Estate points toward a Ted Rogers School of Hospitality and Tourism Managements study that notes that many of these individuals like Airbnb’s affordability, household amenities and local feel.
Clever Real Estate found Airbnb is particularly popular with leisure travelers, as 60 percent of leisure travelers who used both Airbnb and hotels in the past year prefer Airbnb. On the other hand, business travelers prefer hotels (nearly 70 percent) and are more likely to have a negative experience with Airbnb. One of guests’ chief concerns while staying at an Airbnb? Nearly 60 percent are worried about a hidden camera in their Airbnb, while 7 percent say they’ve actually found a hidden camera.
The study also learned 54 percent of homeowners said they’d consider renting out their homes with Airbnb or a similar vacation rental app, and 82 percent believe Airbnb is a good way to make money from their property.
Meanwhile, Marriott just launched its own version of home sharing earlier in the year. Marriott’s Homes & Villas is a luxury rental service that provides the uniqueness and perks of staying in a private home with the convenience and amenities of an international brand (including the ability to earn rewards points).
Read This Next
“Beercycling”: Denmark Recycles Urine to Brew Beer
Trends / Food & Drink
Jun 15, 2017#TrazeeTravel
Insta FeedHotel
Mar 27, 2024Earn a Free Night with BWH Hotels This Spring
Earn a free night with BWH Hotels this spring by being a member of its Best Western Rewards loyalty program. Through May 5, BWR members who stay two nights (do not need to be consecutive) at BWH Hotels properties in the United States, Canada and the Caribbean will earn one free night to be used for stays through Aug. 25. Register for the promotion prior to the completion of your first stay online or with the hotel directly. The awarded free night is eligible at any Best Western-branded hotel in the United States, Canada and the Caribbean, and members can only earn one free night via the promotion.
Sponsored Content
Interior Upgrades Begin Rolling Out Across United Fleet
United Airlines is in the midst of a major initiative to modernize its fleet over the next several years. After first announcing the plan in 2021, planes fitted with United’s signature interior are finally beginning to appear across the airline’s narrowbody fleet of Boeing and Airbus planes. United flyers are sure to notice these enhancements from the moment they step on board: Each new or updated plane sports remodeled seats, seatback entertainment screens for everyone, Bluetooth connectivity and more, all adding up to a better experience on every journey.
Products / Technology
Mar 27, 2024Getting to the Airport Just Became Easier with FlyPool
A new service launched last month that may make your trip to and from the airport just a little easier and less costly. FlyPool is an online platform and app that facilitates carpooling, specifically to airports around the world.
Destinations / North America
Mar 26, 2024Car Enthusiasts Head to California for La Jolla Concours d’Elegance
Head to La Jolla, California, this April for the 18th Annual La Jolla Concours d’Elegance. The automotive and lifestyle festival offers car fanatics a variety of free and paid events. This year’s theme showcases the roaring 20s and glamorous 1930s. The event takes place April 19–21.
Sponsored Content
Discover Nashville Neighborhoods
Whether you are interested in music, art, history, food, sports or fashion, Music City has something for everyone to sing about. Nashville is accessible, friendly and authentic, with diverse neighborhoods, a storied musical heritage and a creative culture that energizes the city.
Surveys
Mar 26, 2024Study Discovers Destinations Where Hotels are Cheaper Than Home Rentals
For the longest time, travelers touted home rentals as an affordable alternative to hotels. However, is that really the case? Do you really get more for your money when you book an Airbnb versus a hotel room?
ShareThis