According to a study by STR, hotel rates remain higher than rates for Airbnb properties, while Airbnb’s share of supply is growing in some territories by more than 40% – and in some more than 100%  – and has more room to expand than the “established” hotel sector.

As of July 2016, the US hotel industry had recorded its 77th consecutive month of RevPAR growth and that month sold more room nights (117 million) than ever before.

Airbnb guests typically stayed longer than the average hotel guest, roughly half were trips of seven days or longer, and Airbnb’s share of business travel remains smaller than its share of leisure travel.

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