35 days ago • Posted by William Ramstein

Hotels have lost much ground, perhaps to the gain of Airbnb

With international borders shut still, people have been looking closer to home for holidays instead of far off resorts. Private rentals have proven to be in vogue during these times. Such types of rentals also cater more to leisure travellers instead of corporate clients which could explain why it has seen less fluctuations as opposed to hotels suffering from work from home measures.

Source: FT