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Airbnb could reduce hotel revenues by 10% by 2020 – HBAA

By ASAP Newsdesk On 24th March 2016 · Add Comment · In Airbnb, Breaking News, Insights

The Technology and Innovation team at the HBAA has predicted the rise of smaller meetings with fewer delegates, and the likelihood of Airbnb affecting Hotel bookings by up to 10% by 2020.

Predictions also encompassed technological advances across the hospitality industry, and that serviced apartments and hotels would be looking to Airbnb to drive bookings.

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"What an interesting development."
on Ascott more than […]
"Myself and my husband adore serviced apartments! W"
on Some likely 2016 […]